Thu, Jul 31, 2014, 4:04 AM EDT - U.S. Markets open in 5 hrs 26 mins

Recent

% | $
Click the to save as a favorite.

Gafisa S.A. Message Board

  • klafterj klafterj Nov 8, 2013 11:11 AM Flag

    ACO, what do you say?

    I've done pretty well lately with Brazil. Caught PBR, VALE, SID & GGB off lows and made some decent money but now I'd like to take another stab here. Anything in particular that gives you pause at these levels? Once I start, I'll average down to hell. Like to start right in here. Earnings looked like a beat but what's the situation like on the ground. Wife and I haven't been down for awhile now.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hey Klaft.

      Nice picks there. I remember you bringing those up at the bottom. PBR was an especially good call.

      I haven't been down since April (Forteleza and Brasilia) and didn't glean anything particularly useful from the trip. SP sales data seems strong.

      Yesterday's inflation numbers weren't great, and the CB has maintained a hawkish posture. Having said that, I think this is overdone at these levels and have added another purchase this morning.

      ACO

 
GFA
3.04-0.09(-2.88%)Jul 30 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.