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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (47000)3/14/2012 9:27:13 PM
From: Shane M  Read Replies (1) of 78764
 
Hi Paul, maybe you'll have better luck than myself with TEF. It deserves to stay a small position unless it starts performing better. More sellers than buyers. Alot of the intl telcos I watch are acting badly right now w/ exception of CHL. Of the handful of conf. calls I've read/listened to analysts have quite a bit of concerns about the restrictions various countries are putting on what companies can do with profits (have to reinvest them in country).

But overall depressed stocks like this are often where it's worth looking for opportunities -as long as I don't let losses get out of hand. Trying to find a stock bottoming does suit my personality and I thought TEF was there, but as Ron White would say: "Turns out I was wrong" :-)

lvrj.com
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