Just heard on "Today" London Co. spikes 10 X average on power surge

[librechik]

protection technology

a few hours BEFORE the blackout...incident is under investigation...


Must be the same group that earned millions on put options during 9/11.

[DUreader]

1. Are you saying that their stock purchases spiked?

More than a lihop if true

[RobertSeattle]

2. Hmmm

I've always been a big user of APCC products, I wonder what there stock is doign.... Up 10% today....

I'm sure this whole shock will get people to re-evaluate their backup systems and procedures.

[MidwestTransplant]

3. Which company/stock?

n/t

[DUreader]

4. I've done some news searching and find nothing yet

[chiburb]

5. I just heard this from a trader friend:

The stock is one that only trades in the London market, Called Chloride Corp. (or something similar). The symbol is CHLD, and averages 700,000 shares of trade/day. Yesterday it was up $4 over the previous day on OVER 6,000,000 SHARES TRADED!
For those keeping time, the market over there closed at 12:00 NYT, or 4 hours before the blackout.
Looking for more...

[LifeDuringWartime]

6. be veeewwy veeewwy quiet

we're hunting insider trading

[charlie]

7. London Exchange info for CHLD

http://www.prices.londonstockexchange.com/info.asp?sedol=0195207

[htuttle]

9. Sure enough. Here's some data from Yahoo on CHLD

http://table.finance.yahoo.com/k?s=chld.l&g=d



Open
High
Low
Close
Volume
Adj. Close*


Aug-14-03
47.00
52.50
47.00
51.50
6,729,370
51.50


Aug-13-03
46.50
47.00
46.50
47.50
1,100,440
47.50


Aug-12-03
43.00
45.50
43.00
44.71
799,300
44.71

[chiburb]

8. Look at this chart from Yahoo...

(Can only give a link, I don't know how to post the chart.)

I guess the rumor is true:

http://finance.yahoo.com/q?s=CHLD.L&d=c&t=3m&l=on&z=b&q=l

[Bandit]

10. Here is the chart

Last Trade
11:31am · 53.00 Change
+0.50 (+0.95%) Prev Cls
52.50 Open
53.50 Volume
3,009,443
Day's Range
53.00 - 53.50 Bid
52.00 Ask
57.00 P/E
59.66 Mkt Cap
N/A Avg Vol
960,832
52-wk Range
27.00 - 52.50 Bid Size
N/A Ask Size
N/A P/S
N/A Div/Shr
1.60 Div Date
Jul 29
1y Target Est
N/A EPS (ttm)
0.88 EPS Est
0.00 PEG
N/A Yield
3.05 Ex-Div
Jul 2

[chiburb]

11. Maybe they can take a look at

The early June spike in volume too. My guess is that Poindexter is playing the markets...

[Generic Other]

12. I bet Greg Palast can explain!

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=180370

[Junkdrawer]

13. Here's the home page of the Chloride Group - Power Division...

http://www.chloridepower.com/hub/main.html

Yes, friends, they really are a group that would stand to profit from yesterday's little incident.

Add this to all the wildly conflicting stories from top goverment officials here and in Canada, and we might just have seen a little infrastructure terrorism.

[Junkdrawer]

14. PS: The stock jumped 10% or 5 points today...

Someone made some money.