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ALQ Alps Elec.

1,068.73
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alps Elec. LSE:ALQ London Ordinary Share JP3126400005 Y50
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,068.73 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,068.73 JPY

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Alps Elec. (ALQ) Top Chat Posts

Top Posts
Posted at 22/5/2002 10:33 by indalo
I think all this "it's immoral to profit" stuff is plain rediculous!!!

The function of the markets is to allow free trade and a "fair" price to be established...

If an adverse event has an effect on a company's valuation then why shouldn't you take a view and go long/short accordingly???

At the end of the day the shares will end up at the same price...hardly as if you're "putting the boot in"....Just doing your job!!

As for profiting form others misery, you could say the same of these Biotechnology company's that have won HUGE orders for Smallpox Vaccines....or survielance manufactureres who are also doing pretty well from Sept 11th!!!

Long/short....Makes no difference to the victims...Just get on with it IMO
Posted at 22/5/2002 09:02 by m.t.glass
So you wouldn't be in it for the money then Mr.Elbee ;o)

Just shorting the share to pressure the company - and all proceeds to charity..
Posted at 22/5/2002 08:42 by mr.elbee
BADEN....YOU WRITE"I've read 'short Jarvis' many times on the traders thread - post your gains to the dead please." the point is that only a fall in the share price will make them do their jobs properly and prevent another disaster.
Posted at 21/5/2002 23:26 by m.t.glass
Glad you find it so clear Baden - but as said earlier, where do you draw the line? Have any of your stocks ever moved when the market moved unexpectedly due to some atrocity or disaster? And if so did you immediately hand back whatever gain you accidentally made that day? Do you have a pension that depends on stockmarket price movement (most of them do) and will you forego any part of it that accrued due to exploitation of post-atrocity markets by the fund managers involved? When does the aftermath end and normal trading resume? How many days/weeks/months after Sept 11 did it become OK to trade airline shares or hotel shares without being accused of exploitation? Is it OK to trade those shares now?

And how big does an attack or disaster have to be before its effects influence a decision to trade or not? Is it OK to trade car insurance shares after a 40 car pile up in fog on the M40? Or Jarvis after Hatfield/Potters Bar? Or the 'blood money' produced by arms export companies whenever victims are (or not) reported?

I realise you are pointing particularly at those who might exploit the worst situation, on the day or the days that follow. But where is your cut-off point in scale of atrocity and in timescale thereafter?
Posted at 21/5/2002 15:05 by m.t.glass
theape - if people stockpile shares in every company they guess might rise or fall on unknown events that might or might not happen on some unknown date and place in the future.. they tie up a lot of dosh for an unknown length of time.

Far easier surely to stay liquid until/unless something dramatic happens and be ready to play the stocks whose reaction patterns are known from last autumn.. Otherwise they are tied into whatever zigzag path the price follows on a dozen lesser events betweentimes. Forego the mighty plunge that might or might not come in favour of a lesser gain once events unfold. Only my opinion. Double-guessing the future in every direction gets expensive :o)
Alps Elec. share price data is direct from the London Stock Exchange

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