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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 9:30 AM EST

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To: Steve Fancy who wrote (11792)1/15/1999 10:55:00 AM
From: DMaA  Read Replies (1) of 22640
 
Jim Cramer thinks we're seeing a short squeeze here:

Exerpt from TheStreet.com

But before you say, hold it, shouldn't everything be going down? Remember there was a TON OF MONEY bet against Brazil. Now that the bad news has happened, that bet has to be taken off the table. The only way to take a negative stock bet off the table is to BUY.
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