Thursday, April 12, 2007

Global Warming

Climate Exchange (CXCHF - $22) is the parent of the European and Chicago climate exchanges, which provide futures contracts and options contracts for emissions. This is a pretty unique way to play the climate bonanza and global warming. The stock has a super interesting “story,” a proven CEO, and major credibility with Goldman Sachs involved in a big way (they own a 19% stake). This is a foreign pink sheet stock so we will only be able to get a quote once a day after 5:30 PM.