Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Re: SHort Selling

Omagine

almost 10 years ago

in response to lebnjb@ameri's message

NICK, the only change is that you can't buy on margin. I used to, but haven't in years. Most people never do. It's extremely risky. Gains and losses are exacerbated (multiplied). Great if your stock goes up (assuming you're long), disaster if the price drops. (Goodbye house, spouse and dog). Nick if you don't buy on margin,nothing changes---just ask your broker when you call them--- today--if not sooner. ---Bill.