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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (22637)11/24/2009 3:42:52 PM
From: RockyBalboa  Respond to of 22640
 
TBH:

Brazilian Telecom HOLDRs (TBH Quote) rallied by $8.50, to $11.50 before trading of the stock was halted at 11:30 a.m. EST for a news release.

Investors posting on Internet message boards argued that the surge is overdone, and that math shows the stock is worth $4. Volume topped 323,000 shares by 11:30 a.m. EST, compared to the three-month average daily volume of 5,700, according to Yahoo! Finance.

...

Reopened at 7.20 after halt, low intrinsic worth is because its holdings in BTM and BTM-C have been spun out. See TBH docs for residual worth.



To: RockyBalboa who wrote (22637)5/24/2010 5:27:50 PM
From: steve kammerer  Read Replies (1) | Respond to of 22640
 
Hi what are your feelings on ITAU (UBB) now? Has done quite well but I am concerned about the elections this Fall.
Steve Fancy pointed out UBB to me years ago. Wish I knew where he was.