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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (31623)7/1/2003 10:28:17 PM
From: TobagoJack   of 74559
 
Hello Pezz, Last Night’s Report: I said goodbye to more of unrepentant Argentina, because California is about to do another Argentina, with more places to follow, and bargains to anticipate, sure to surface amidst the chaos and confusion that will surely be, maybe.

I sold CRESY at USD 9.07 and IRS at USD 8.50, they were bought Message 18054382 for USD 4.72 and USD 5.65, thus yielded a gain of 92% and 50%, respectively and respectable.

I am completely out of CRESY and IRS common equities, except for the convertible debt they forced me to take into my account as part of the ‘dilution of minority shareholder amidst crisis' game. I love emerging markets:0)

The debt is paying interest, and is nicely above water.
I also sold these Message 18853097
GP FIN GALICIA finance.yahoo.com @ USD 4.35, bout at USD 2.82
Metrogas finance.yahoo.com @ USD 3.70, bought at USD 3.10
Trnsprtadora De Gas finance.yahoo.com @ USD 3.00, bought at USD 2.75

Yielding 54%, 19%, and 9% respectively.

Chugs, Jay

References:
Message 19058488
Message 19058516
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