Published: June 9th, 2011 at 5:20 am ET
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Japan’s TEPCO shares plunge 20% to new low, AFP, June 9, 2011:
Shares in Japan’s TEPCO hit an all-time low Thursday, falling 20 percent [...]
Shares of the embattled Tokyo Electric Power (TEPCO) fell to 160 yen by noon, after hitting a new intraday low of 159 yen.
The shares have lost more than 90 percent of their value [...]
“Even if the firm survives, it will not be able to generate shareholder returns so the share price will just steadily trend towards zero,” a fund manager of a Japanese asset management told Dow Jones Newswires.
Published: June 9th, 2011 at 5:20 am ET
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i am sure that most of us have unknowingly ingested some...
sending...
What goes around comes around, I do suppose.
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Thats Two Dollars more that Its Worth!
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my only thought is: Is it possible that the existing share holders had all perished in the tsunami? I really couldn’t see anyone holding onto a share that devalued by 90+%
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well when it reaches 0.0001 yen the goverment can buy and take the bill, and maybe put the army covering that problem
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Maybe Geitner and Barry Soetoro will bail them out !!
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Since it seems they intend to bail out Greece, Libya, Egypt, Syria, and Yemen, why not. Its only fiat paper. The question is, who is holding the CDS/CDOs on TEPCO? I have 5 guesses.
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There is no one that gives a whit about Tepco shares, except the media types that want to have some garbage to print.
Tepco has been dead since March 14th. They only exist as a shield between the Japanese government and the people of japan…
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Bellow $2 a share? AWESOME. Getting bailed out via tax payers money? FRACK.
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Things have a way of turning around,… I wish I had bought a ton of FORD stock when it was at junk bond status !
\_ \- kicking myself !
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forget tepco shares monsanto iaea wheat is the is a big buy..
GOLDEN WHEAT ?GREENS? KENYA?S DRYLANDS
Through IAEA Partnerships, Scientists and Farmers Pioneer Hardier, Healthier Wheat.
yummy
http://www.gene.ch/genet/2008/May/msg00081.html
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Quite So, Don Antonio….
:Revelation 6:6 A measure of wheat for a penny three measures of barley for a penny see thou hurt not the oil and the wine!”
….folks talking about Scripture say this text means, a workers
daily pay will only cover their daily food, if they can find any food, in this prophesied Time.
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the question to ask is what is a nuke pr company doing selling radiation resistant wheat to africa.
sounds like a test bed for roll out around the world
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good. That’s what TEPCO (and anybody who ever invested into nuke power) deserves. Has always deserved. The universe functions by the Yo-Yo principle – we all reap what we sow ..
The sad part is all the loss in other places/ parts of society and economy since everything’s connected.
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