I am a true believer in TSU as a long term buy and hold. I would love to ride TSU to triple digits and participate in a stock split. However, my portfolio is still small and growing with TSU. I need more funding to take a big leap and become one of the biggest indie retailers in the stock. Perhaps our paths will cross as I promote my excitement in qhis equity with such a small buy-in price. I am awaiting a big pay day for one of my pharmaceutical holdings which I rather not say here. I am sure an astute investor like yourself already has a piece of that pie. Once and if my pay day comes from that pharmaceutical, I would be more than happy to jump in TSU large and spread my wisdom to the general community about the strong prospects and why it is trading so cheaply now. I am currently in the red here but am not worried at all. I plan to cost average down if and when funds come available. I like how quiet this board is. It tells me that TSU and the current cost per share is still among Wall Street's best kept secrets. I hope to see myself back in the green for now and maybe later hope for a pullback and certainly after my pharmaceutical pay day...if you know what I mean. Time will tell poppa bear, if momma bear can join forces with you to make TSU one of the most talked about equities on Wall Street. Say a prayer for me on my pharmaceutical so we can get moving here. There is money to be made for you if I am on your team! I bring good luck to stocks with my endorsement. Maybe that's why those making a market for certain stocks love me. They just need to share the wealth a little to keep me alive and able. Otherwise I will disappear into the sunset and never to be seen again.
Gal, actually with latest news in Brazil where Tim was accused by a small investor of do not having made proper accounting reserves for a $3.3Bi, im also a bit in the red with TSU. I have followed the news in Brazil and Tim has issued a PR statement explaining that under US and Brazil accounting practices as well as under SEC and NYSE ADRs procedures, the 3.3bi are only contingencies not requiring any reserves, in accounting standards, that means the probability that it will happen is very low, Tim also stated external auditors mentioned the same and its balance sheets reflects that. This kind of comments is really a pit for a telecomunication stock like Tim. The sector in Brazil is booming and along with that the government is doing a lot to boost the economy, reducing taxes and interest. For example, today at major local newspapers, the communications minister said Brasil will reduce taxes for smart phones produced in Brasil and that may also be an incentive to the sector.
imho, TSU is a buy, the current price at the Bovespa is 7.21, and many analysts have a price target at 10.00. Anyway, as an old saying says, the worst can happen to a stock is to lose its credibility and I hope TSU overcomes this hurdle pretty soon towards its 10.00 target that would be equivalent to the 28.00 target for its ADR in the U.S.