Telefonica de Argentina (ADR) (TAR)
A telecommunications company licensed for an unlimited period of time to provide basic telephone services to the Southern Region of Argentina.
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50% in a day? Seems like a good exit point to me.
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argentina telephone company... it's trading up on the argentina's plan to nationalize pension funds to avoid a near term default... but longer term TAR and Argentina will go down.
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Don't buy into the whole "growth pot" story with this one. The market is unattractive at this point.
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Although I'm intrigued by the market and geographical location this company does business in, its fundamentals are very weak and don't look to be changing in the relatively near future (5+ years).
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All glory to The Hypno Toad
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keep a close eye on this one......went from 13 to 22 in just 2 weeks

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