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

To: steve kammerer who wrote (9864)	11/18/1998 8:52:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 22640

sk, in Brazil TBR stub trading was "mixed". The contract high, so far was a R$.50 which is $.4125 approx. but then it went downto R$.09 so you easily could retrieve zillions at low prices. But today the quotation at the SA was .30/.30 for some 90k shares on both sides throughout the day on reuters. I had a blockwise long ladder up to 1/4 got some 1/4 but sold for 5/16+, so I will buy the TBR dips . it is more work than market,, but as you mntioned 0.75 is out of reach, my worst ask is 9/16 now.. easy cash C.