Tenaris fell double than the mkt today. Is it related to earnings release tomorrow? On profit-taking to cover other losses? Flight to quality (to non emerging mkts)? Can you guys provide some explanations of what is going on?
I sold on Monday ($48.18) as I did not want to be long when the earnings come out today. China's oil was a ? . I expect some cost to the recent buyout will be talked about. I expect to buy back in after the dust settles. Peace, Ed