January 9, 2007
Fire the CEO
For a stock chart like this, I'd say the CEO ought to get the chop:
Andrew Roth at Club for Growth offers this chart on CANTV, a Venezuelan telecom firm that Presidente Chavez decided to nationalize yesterday.
It was traded on the NYSE but Publius suggests it will soon be delisted
Worth 1001 words, that chart is.
It's like Atlas Shrugged, for real.
Posted by: AlexC at January 9, 2007 12:35 PMNow might be a good time to invest in the company that manufactures blue helmets.
Posted by: mdmhvonpa at January 9, 2007 12:44 PMI wrote a small utility to import existing customers from our support database into our CRM package (yeah, my life is freakin' magic on stilts...) and I just saw CanTV fly by on the console.
A customer of ours. Uh-oh, hope that baby's paid for.
Posted by: jk at January 9, 2007 2:23 PMAfter Monday's precipitous drop VNT traded on Tuesday around $12 a share and rebounded to a steady $14 range yesterday and today. Apparently the market's "freedom dividend" is roughly (20-14)/20 or 30%.
Posted by: johngalt at January 11, 2007 2:27 PM | What do you think? [4]