these are some dificult time to be invested in the market. there is too much uncertainty in the market... the USA is trying to talk up the stockmarket but the world see's something different. there is no quick fix to the problems that the overseas markets are suffering too much uncertainty. there is talk that the USA will try to bail out S. AMERICA again there is talk of 25-50 BL. $.to try to stable this markets. the USA knows that if S. AMERICA goes they will be next. the DOMINO effect: ASIA-RUSSIA-S.AMERICA-EUROPA-USA?
im wait to see this stock around 10 an then we will see what the world conditions are like. for now i will stay away from BBV,STD,TEF its only my opinion. GOOD LUCK...
Ladies, Gentlemen, lets not try to find problems with a stock where none exists. We are living in a global economy. At this time many countries are going through a recession. The fear is this will spread to South America and possibly the U.S. STD is still a good, well run company suffering from problems beyond their control, world economy problems. It may take a year or more for the world economy to pick up and when it does, STD will become a great stock to own.
Does anyone know of anything negative about the management of this company or about balance sheet problems?
I would certainly like to know. It would definitely change my opinion.