posted on Nov, 3 2004 @ 10:35 PM
The only thing I found interesting at all in the data was the two volume blips in trading at the beginning of the day and the subsequent dips in
price, indicating sell-offs. The stock does rebound somewhat, but the funky part is the 750,000 share chunk that got dumped at the opening bell.
This is just my speculation, but the day the President, whose VP was a former CEO of Halliburton (who is about to come under some pretty intense
scrutiny) is re-elected, the stock of a troubled cronie company dips significantly. That's either one or a few big stockholders who are in on
something having to do with Bush's re-election and bad news for Halliburton. My guess is that we shouldn't expect any help for Halliburton from
this administration in their troubles. They might just look to shed that controversy entirely.
...shifts mind to ultra-paranoid conspiracy mode...
or, this could mean that the Election Contingency Plan 2004 is now in effect. The wheels were put in motion (as soon as it was certain that Kerry
would not be elected) to ensure that scandal and controversy will bring about the early demise of 'W2'. Halliburton, potential White House
complicity in Enron's shady dealings, Valerie Plame, 9/11 response, Iraq War Justification...
From what I understand the possibility of invocation of Executive Privilege
individuals who occupy certain government positions (director, CIA; cabinet positions; chief of staff) effectively keeps them from being called upon
to testify against the President. Should you be terminated or otherwise resign your post, your effective 'gag order' is released.
have befallen the Bush administration...despite
John Kerry's Plea for Unity
...paranoid mind calms...
Maybe we'll see some shakeups in the next few days surrounding Bush's new cabinet and maybe this is just another random trading day for Halliburton.
I have no idea.