Just a matter of time .
Good luck holding this till the next dividend in May .
I think Im safer on the sidelines .
I'll buy some at 16.80 but not too much . More at 16.30 . More at 15.80
Yes ... picked up 10,000 shares between 16.92 and 16.98
Trade or close out the year a loser .
Its just that simple .
I'll hold some for a quarter ..... some for 40 cents .
Maybe some for 50 but thats about it .
I think I may be buying more at 16.30 before I sell above 17 too .
Although admittedly I had doubts for the 83 years of wisdom, the flagging stock price for TEF may prove dcisinsane prescience (for a price under 17).
Here is a link to an article for Spains political challenge to EU austerity measures...http://www.reuters.com/article/2012/02/29/us-eu-budget-spain-idUSTRE81S1H620120229
Long-term, TEF will prove a value investment, imho.
GL to all.
You're 23 years old; and probably have a long life to live.
You'll find out that the gaming instincts of the stock market will continue well into your old age. Unfortunately it lasts longer than those hormonal urges of youth.
Guys, it must be hard for him... At 83, he can't look at long term gains, so without enough funds for retirement he's forced to be a petty short term trader. I only hope it treats him better than it treats most other short-termers.
Let this be a lesson to you all, plan for retirement early.