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Bullboard - Stock Discussion Forum iShares Global Real Estate Index ETF IGREF


Primary Symbol: T.CGR

The investment objective of the Fund is to replicate, to the extent possible, the performance of the Cohen & Steers Global Realty Majors Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment... see more

TSX:CGR - Post Discussion

iShares Global Real Estate Index ETF > Yep, as I predicted, Coral was
View:
Post by ziggy1 on Sep 24, 2004 7:34pm

Yep, as I predicted, Coral was

20 cents, then one for ten split so $2.00 And since then the share price has dropped 40%, down to $1.20 , thats the equivalent to 12 cents/sh pre-split. -40% and counting........ I predict within a few months........ 75 cents, equal to 7 cents pre-split. AFTER a reverse split they all come crashing down.
Comment by oardn on Sep 24, 2004 11:25pm
looks that way. will have to wait until a reversal before new buying. opportunity to buy cheaper,may be in Nov/Dec. Management must be fuc*ing morons for doing a reverse split now. The stock is still on OTC BB, not on Amex. To go back to the old high @ $6 could be a monumental feat.
Comment by ziggy1 on Sep 25, 2004 11:04pm
Yep, Dec tax loss selling.
Comment by BigRichard on Sep 27, 2004 1:26pm
The stock is now in puke zone at 11.5 cents. Look at the three-year chart at www.stockcharts.com (click on free charts to see the magnitude of the present price plunge. Stockhouse charts only give the price since consolidation. It's easy to keep track of the old price at the 10:1 reverse. I have lost so much that the stock gets kicked into the corner until tax loss season when, who knows, it ...more  
Comment by ziggy1 on Sep 28, 2004 1:06am
Ohhh pleeeeeeeease, " the share consolidation is required in order for the Company to obtain access to the additional financing through institutional type investors " The only reason these Canadian companies do a reverse split is so they can start the game all over again [issue shares to themselves and others to raise $$, then sell shares], after doing this for many years the ...more  
Comment by oardn on Sep 28, 2004 1:05pm
Right. A long legged doji yesterday on the US chart, a positive sign. I hope it comes to your level. It may or may not. We have to wait and see.
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