PDA

View Full Version : Ron Paul's not the only one getting loads of money today



Naraku
11-05-2007, 10:42 AM
PetroChina Co. almost tripled on its first day of trading in Shanghai, becoming the world's first company to be valued at $1 trillion, more than Exxon Mobil Corp. and General Electric Co. combined.

PetroChina shares rose to 43.96 yuan from the sale price of 16.7 yuan, giving the state-owned oil producer a greater market value than the entire Russian stock market.

Source: Bloomberg.com (http://www.bloomberg.com/apps/news?pid=20601087&sid=aQyRJI72Kor8&refer=worldwide)

Bam! That's some money right there.
noxagol
11-05-2007, 10:54 AM
holy shit, what does that company do? I'm assuming oil because of the name.
pcosmar
11-05-2007, 10:58 AM
They really know how to use our taxes against us.
noxagol
11-05-2007, 11:03 AM
They really know how to use our taxes against us.

Doesn't everyone?
reaver
11-05-2007, 12:29 PM
Dangit!
Matt Collins
11-05-2007, 12:57 PM
Amazing
Wendi
11-05-2007, 01:40 PM
FYI, I just saw it, we broke $2 million today for the money bomb!
Channing
11-05-2007, 02:39 PM
Did you know that China produces more oil than Mexico?