COMPETITION TIME
- From: Vol 8, Issue 8 (August 2007)
- Category: Need to know
- Region: Unspecified
- Country: Bahamas, Cayman Islands and United Arab Emirates
- Related Companies: Aqua Engineering, Aqualyng, Aquatech, Christ Water Technology, Consolidated Water, GE, Janney Montgomery Scott, Metito, Seven Seas and zeta Group
* Another stock which may be reaching its peak is Consolidated Water.
The shares ramped up 30% to an all-time high of $36 in the two weeks ahead of the Q2 results statement. Janney Montgomery Scott was sufficiently spooked by the rise to urge investors to sell before the results were in. Analyst Debra Coy pointed out that business risks such as the negotiations with the British Virgin Islands (which have gone ...
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