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| Discussions for Aluminum Corp. of China Limited (ADR) | View all discussions |
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| How does this work? | ||
| All 2 messages in discussion - | ||
From: horte...@citlink.net
Date: Fri, 20 Feb 2009 07:43:32 -0800 (PST)
Local: Fri, Feb 20 2009 10:43 am
Subject: How does this work?
I'm interested in investing in this company and the ADR approach looks
like the easiest way of doing it. Question is when you buy the ADR what are you getting? The stock goes up on the Shanghai market yet down in Hong Kong and here in the U.S. It would seem the variable would be the exchange rate but the RMB hardly moves at all. Are people selling the stock in the U.S. because they are betting the Shanghai performance can't hold up and see it going down soon? What's up with this? Any thots appreciated. Thx. You must Sign in before you can post messages.
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From: neoaction...@hotmail.com
Date: Sun, 22 Feb 2009 22:13:58 -0800 (PST)
Local: Mon, Feb 23 2009 1:13 am
Subject: Re: How does this work?
hold out a bit longer the price will come down lower right now cash
is king as for chalco it's a good company i think all the acquisitions that they are making now will benefit then in the future .... once the world economy recovers probably in 5 year or so so yeah good long term hold as china strive for raw material/natural resource independence this company will be their primary vehicles for acquisitions ... and they have lots of $$ right now On Feb 20, 8:43 am, horte...@citlink.net wrote:
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