Telebras (TBH) & Brazil Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.597

+1.3%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chirodoc who wrote (191)	8/29/1997 2:20:00 AM
From: August	of 22640

>>>my take exaclty. remember those who bought at the bottom of the mexican meltdown in 1994.<<< I too agree that is the way to go. But remember, at the bottom Telmex was down 3 fold, below U.S. IPO price, and every major brokerage houses was downgrading the stock. Most Mexican stocks were down much more, 10 folds, 20 folds, 30 folds, etc. I'll be there when Telebras bottoms, but certainly not now. Buy when sell-side-analysts downgrades, and sell when they upgrades. Since Telebras was almost $170, just about every single major brokerage house has upgrades/reiterated buy on Telebras. I'll buy when they downgrades.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next