Replies to post #3 on Iraqi Stock Exchange

[michwlv]

What I wanted to do with this board is concentrate on the various stocks that will be traded when the ISX opens.

For now I think we should start with the banks as they will see the largest growth explosion.

For instance, Credit Bank of Iraq, and Dar El Salaam Bank both announced partnerships with foreign banks.

When these partnerships were announced the banks stocks went from approx 7 dinar a share to 80 dinar in 1 day.

Since then they have had several splits.

Credit Bank for instance this January is paying a 1 for 1 dividend. For every share you own...they give you an additional share free! (Nice Dividend).

I believe that several banks will have parnterships once the Foreign Investment Law goes into affect....(1st quarter of this year).

IMHO there is a boatload of money to be made for those willing to take risks.