Friday, September 09, 2011

Eine weitere Zickzack-Woche


Another zigzagging week at the bourses. Netvision merged and I was paid some money which I invested in Israel Chemicals Industries stock. Last month, this fertilizer company had lost a quarter of its valuation because the Ministry of Environment declared that it has to pay for the rehabilitation of the Dead Sea, which is drying up. POT, Potash, the world premier fertilizer company, is prospering, so ICI must be cheap. I dont believe in the populist declarations of politicians. The State barks but ultimately, it has no bite. I bought.

2 comments:

Anonymous said...

Speaking of barking and populist declarations:
Turkish prime minister says warships will protect Turkish ships delivering aid to Gaza.

J said...

I dont understand Erdogan. He seems to want a war.