all is pointing to a news pr and a spike with a buyout. it looks more like a 10 fold jump from here. seen it over and over again. the company is making close to 5 billion income, never seen one this low before. oibr is the only one that i know that comes close to this price. good luck
Think MM's drove it down as low as they could before the buy out. How many billions will they make? Money shorting it + buy out price. New President has me thinking it's close. Buyers wouldn't keep the old one...thinking they pre-picked the new one.
Wouldn't a ten fold jump be a very cheap price given the progress in Brazil and the new telecom regulations in Mexico? My hope would be for a partnership, at most, and a much larger jump in share price in the coming years.