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Templeton Emerging Markets Inco Message Board

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  • chiquitbumbalabimbomba chiquitbumbalabimbomba Oct 9, 2008 12:33 PM Flag

    Time to buy?

    Your general observations may be correct, but why would hedge funds bother to trade something as illiquid as TEI?

    With at least hundreds of millions of dollars to invest, you can't possibly establish a large enough position without moving the price on yourself. The spreads will kill you on the way out and in.

    I still think it's amateurs panicking all the way.

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