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


To: EPS who wrote (6451)8/9/1998 2:24:00 PM
From: SKIP PAUL  Respond to of 22640
 
This has to be the most volatile stock listed on the NYSE. The stock has declined almost 25 points in the last few days for no reason whatsoever and probably will be going up over the next few days/weeks. Since the stock tracks the movement on the Brazilian market it is probably easy to manipulate by a large Brazilian institution in Brazil that also operates here. The SEC should investigate in conjunction with the Brazilian authorities. I am going to send this note to:
enforcement@sec.gov.



To: EPS who wrote (6451)8/10/1998 2:52:00 AM
From: Tim O.  Read Replies (1) | Respond to of 22640
 
Victor,

Please post your analysis on hedge options on your October position. I own the Oct100C, but luckily I sold Oct125C when TBR was around 125.
Now I'm wondering about other hedge options. I believe that the US market will get a rebound but will likely test the recent lows again. Another consideration on the Oct position is the exact timing of the Brazil elections.

tim