30 at 50

This is possible..you know they could relieve the inflation and give the Iragi's more purchasing power by simply adjusting the program rate of 1170 to something like 1,000 dinars to the dollar..there all sorts of things the 'big ' guys could do..to stave off the insurrections if they are not ready to pull the trigger yet..Ya kno ? This give the 'big guys ' more time to buy up more of their land and assets for pennies on the dollar..like Banks ?..humm..may be there is a plan we are not seeing here..a lot of talk about bank mergers..lately..you get the idea.. We need to invest our shrinking dollars in the ISX and what them grow while we wait for the big day..taht's my plan...

Hey come on guys ! Let Frankie have some fun ,it's his party..i like his posts..enjoy and lets all be nice.. we all deserve our own moment..

Ok..thanks I'll buy this one !

wow..thank s for the post !! yes this is VERY good stuff..it's coming all...

CKK..thats probably the most accurate post all year !!hahahah...LMAO

well put River Dwg..!

Great find ! thanks..this "Bank " is owned by Wells fargo,B of A,Chase,Citi,HSBC..check it out..great news..thanks..i'll put my money with them...

Thank you so much for the post !! I love it..It tells me that they are moving forward.. and being responsible to the world..thanks..

Yes Darin..you are right..Like Marc Faber said " Iraq market offers a currency kicker "..I 'm hoping for that too bro.. But to simplify it for you..I would just buy some bank stocks and forget about them.. This is like Intel in the early '90...10k can easily become a mil in 10 years..That's my plan..IF it RV's thats a bonus..So you are thinking correct here..I'm hoping for that too...

UPDATE; I just got an email from my broker at Rabee.I have an order in for 10 mil shares of North bank.He could not fill it today. Because he said There are buy orders of 600 mil. shares and only 21 mil. became available for sale !.He said they were mostly all sold for The maximum allowable price. Which I must guess is the 10% limit (over the opening price ) that the exchange places on trades ( after a stock has traded at least one trading day from it's re-introduction to the exchange ). What's Interesting is how many investors want this stock...so get in line guys..AND equally interesting is that so few investors are willing to sell their shares even at a 60% profit in two trading days !!.. That tells me that they are holding out for much bigger profits down the line..and 85% are Iraqi investors..That good too..That tells me that the locals have faith in the market and the stock..all good signs !.. Blessings

Great Post ! This is a confirmation That we should be investing in the Iraq stock market...no matter if an RV of not..Love it..Also no wonder Citi bank is one of the major owners of the Trade Bank of Iraq,along with Wells fargo , B of A ,Chase. Hey they know where to put their money..I'm in with them..are you ? Blessings

Thanks for the post

Ok..Thanks for the post..This I know >>>WE ALL speak from one of two positions.. One is Knowledge and One is LACK of knowledge...SO.. Let me ask you.. Which do YOU think he is speaking from ?.. blessings

Yes..A great problem is coming (under statement here )...The RV MAY postpone it..hopefully it will happen before the change..and yes unfortunately there will be blood in the streets in America...then what happens ? I don't know yet.just saying. All the money,debt,etc charts are now going vertical...passing the point of no return..scary..this system cannot be sustained forever..Thats a fact.

thanks !! I believe this post..heck why not ??..i need a good rumor fix anyway to keep my going into my monday !..haha. My stock broker who is CEO of Iraq's largest brokerage house,,said " The Dinar is widely believed to be grossly under valued right now "..so there !!

Hahah..Bang ! yea me too ! So don't feel bad!! haha..dang !!

hahah...Is that M getting ready to feel the big one if he doesn't get the RV this week ? haha OR is he sending a signal to all us dinar vets ?? Like " kiss my a** " .ahaha Thanks rich..i needed one last rumor fix this weekend !! now I can sleep well...

Hey all..Well it is looking better all the time for the ISX.Last weeks trading day (Thursday) finished up 1 % overall and already today the first trading day of the new week (Sunday ) we have an up day to the tone .07% wow..nice !. link for today is; http://en.aswataliraq.info/Default1.aspx?page=article_page&id=141337&l=1 Link for last Thursday is; http://en.aswataliraq.info/Default1.aspx?page=article_page&id=141292&l=1 ONE IMPORTANT NOTE ; Although the RSISX (Rabee Securities Index ) looks very exciting at first glance. LINK;http://www.rabeesecurities.com/ HOWEVER ;It is not a true picture of the whole market.Mainly because for example it is weighted with three stocks that were not being traded for a long time. Such as 1.Baghdad Soft drink 2. BIMI Investment bank and 3. North Bank. All these issues posted huge gains on their opening days of 30 % , 25 % and 50 % with North bank just last Thursday. Mainly playing a quick catch-up for their long time being off the market and being 'perceived ' as undervalued. These exciting numbers distort the Index and do not represent the overall market performance,although it sure would be nice to own these stocks (PRIOR ) to their re-opening for sale.. Now,, judging from my own portfolio truly the Banking sector are the fastest horses in the stable currently,leading the way with the most exhilarating share values. I will have to contact my broker to find out exactly how the overall market performance is,,WITHOUT the heavy hitters in the RSISX previously mentioned,,,why ? ..Because ,probably most of us new investors didn't get to enjoy these stellar performers as to the fact we weren't in on them previous to their re-opening on the exchange ... So we have to keep a cool head about ourselves here and not be overly excited about these tainted #'s in an Index that doesn't completely reflect the true overall market performance to date... Which I will be examining soon and hopefully remembering to post here in an update for everyone to enjoy... For now I hope this helps and do enjoy the ride.. OH..by the way..In my opinion we are now hitting a place in the ISX of possible physiological resistance..Where investors start getting nervous about the recent gains and wondering if it will continue..This is the "wait and see " phase..IF and only IF we break though this place with continued up days and good volume (new moneys coming into the market and not just insiders selling at a tidy profit..THEN a solid confirmation may take place to validate this as a true bull market rally..and not just a speculative or news driven spike... (for example this is exactly where I am at the moment with a significant amount of cash on the sidelines waiting for a confirmation before I risk more capital.(even tho I'm ticked pink at my own gains since Nov.'10.) Also, keep in mind that really big money hasn't even touched this market yet..IF and only IF we get a solid confirmation in this market they will start to trickle in ,,like a baby who dips their toes in the water to see if it feels good (safe )..haha.. Then look out..they all will want in on the action..and we will get rich !!! Because we all the bold who got their first ...and we deserve to take the spoils !!!!..hahhaaa Be Blessed a keep a cool head ....b .

It's interesting to note that The Trade Bank Of Iraq is owned by none other than Wells Fargo,B of A,and a few other biggies,check it out,,hey if Iraq is good enough for them..it's good enough for me ! blessings all..

Thank Scooter..People like you make it a joy to be on this site..great big picture..their is a lot to this whole deal..

yes..North Bank stock shot up 50 % on the first trading day,mostly bought by local investors,,so they believe in the Bank,I bought some myself,10 mil shares..heck if it goes up a few pennies I'll be happy...Also I believe that they are a major custodial bank for the ISX..because all ISX money seems to flow thru them..But I may be wrong on that,,I know that I have to wire to them directly when I invest in the ISX and I don't have an account with them..so there you go..enjoy

Thanks..Basra will be the next Hong Kong..the the work begin !

thanks Mor ! great find..it will happen..we are the believers !!

Thanks Nir this is a great post !!! blessings bro !!

OMG..here we go again is right..I hope I have to eat my thoughts about this...hahaha