Posted
6:53 AM
by Gene
Well look at it this way, Wall Street Casino dealers: the dream hasn't ended in China -- and if it can spawn a $1 TRILLION MARKET CAP COMPANY -- well, just buy more G000,000,000,000,000,000,000,000,000,000,000,000GLE and the other tech outfits! They'll ALWAYS go up.
When does the PEOPLE'S REPUBLIC of WAL-MART get ITS comeuppance?The Chinese government holds 157.92 billion PetroChina shares indirectly through the state-owned China National Petroleum Corp. PetroChina's 4-billion-share sale last week represents about 2.5% of the oil giant's total shares listed there.
About two-thirds of the shares on Shanghai market are held by state entities and classed as inactive.Is this another variation of the dotcom bubble?