PetroChina Becomes World's 1st Company Worth $1 Trillion

[dtrader98]

http://biz.yahoo.com/ap/071105/china_petrochina_ipo.html

Just has to be a sign the top is near for china bubble (maybe short term oil top omen?). Does it really seem like it has room to soar at trillion dollar market cap

 

[S2007S]

Should have shorted it like I was above $250.....


PTR
FXI
GXC


all down today....

 

[stock_trad3r]

um soon to be worth 1.3 trillion...

 

[nazzdack]

?.......one-point-three Trillion or Billion?

 

[archon]

Interesting....and also somewhat unnerving....

 

[Bear Plunger]

Quote from dtrader98:

http://biz.yahoo.com/ap/071105/china_petrochina_ipo.html

Just has to be a sign the top is near for china bubble (maybe short term oil top omen?). Does it really seem like it has room to soar at trillion dollar market cap

This article is a bit of a joke. Written like a patriotic American in denial that Exxon has shrunk below this chineese company.

If you notice, every point in the article is to justify why it should NOT be rated this high.

Unfortunately the market is real, so be prepared for higher highs.