Funny old world: your share price has been falling steadily for a couple of months when suddenly you put together a nice little deal in a far-away country and–lo and behold!–your price starts to recover. That’s what happened to an Californian business that makes airport security devices:

IRVINE, Calif., Dec. 11 /PRNewswire-FirstCall/ –
HiEnergy Technologies, Inc. (OTC Bulletin Board: HIET) announced that on Wednesday a delegation of HiEnergy’s management made an official visit to the General Directorate of Counter-Terrorism in Barcelona, Spain — the city that seems to be the most affected by terrorism in Europe. (In the course of the year 2003 alone, in Barcelona there were 1,023 alarms, 10% of which involved real bombs and half of those actually exploded, HiEnergy understands.)

It’s not that HIET is trying to defraud American investors, rather that the Spanish press is in on a conspiracy to cover up the 50 successful bomb explosions in Barcelona this year in order not to alarm tourists.

Tags: bombs, markets, terrorism
Categories: Les bourgeois

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