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 0.590

-7.9%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DMaA who wrote (9472)	11/5/1998 4:16:00 PM
From: Steve Fancy	Read Replies (2) of 22640

Well, stocks don't just go straight up. TBR should be about ready for a breather. I wouldn't close out any of my naked puts, I'm in them till the end. I did close out my Nov UBB 17.5 calls at a double with the stock up 12.94% though. Hoping for a pullback tomorrow to get back in. Maybe it'll be different this time, but Brazil has come too far too fast. Nikkei futures look to suggest about 100 points up. Who knows what'll happen, but it's been a while since I've been looking at any real profit in Brazil so I took it. Looking to get back into Dec or Jan UBB options. May consider some DEC, Jan TBR 85-90's also. Good time to sell puts for folks who think it's going higher soon. sf

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next