There are many domain name investors who try to piggyback on the domain names of famous companies by registering very similar domains that people may accidentally type into their URL address box. What generally pops up is an advertising page.
For example, if you mistype Disney.com, which is owned by the Walt Disney Co. (DIS), and instead type in disnye.com, you end up seeing an advertising page with links to airline flights, travel, and other ads.
If you are looking for the Apple Inc. (AAPL) website, and instead of typing apple.com, you type applee.com, you get a page listing ad links for Apple stores, iPod downloads, etc.
However, what Google (GOOG) has done is register many of the typical typos for google.com, so if you type in any of the following, you would still end up at Google's home page.
goolge.com
gogle.com
googel.com
google.net
google.tv
gppgle.com
googlee.com
Why are you recommending Calpine a stock that the company web site says will likely be valued at zero when the Chapter 11 proceedings are complete? What am I missing?
ReplyDeleteI'm not recommending Calpine. I never recommend any stocks; I just provide information about them.
ReplyDeleteCalpine's web site says "any remaining value after such allowed creditors' claims have been paid in full will be distributed pro rata to existing holders of allowed interests (primarily holders of existing Calpine common stock) and holders of subordinated equity securities claims in the form of reorganized Calpine common stock.
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Stockerblog. This is taken from the FAQ section of the Calpine Investor website area. "What will happen to Calpine stock?
ReplyDeleteCalpine stock will continue to trade over the counter. The trading symbol is (OTC
Pink Sheets: CPNLQ). The value of the stock will, as always, be determined by the
market. Normally, in a Chapter 11 scenario a company’s stock is cancelled and has
no value once the company emerges from Chapter 11."
I am glad to know you are only giving advice on Calpine. So what do you predict as the value of the stock when the Chapter 11 is finalized?
I don't predict prices and I don't give advice on stocks. I only provide facts about stocks which come off company websites and various financial service information providers.
ReplyDelete