Friday, November 28, 2008

Trading Post (Shhh!! edition)


Cop 1: "Kinda quiet tonight, no?"
Cop 2: "Too quiet."

Jaguar (JAG) up 10% and Otto took profits and lightened. Now down to a small position in JAG and th-th-th-th-th-that's all folks. Señor Cash strikes again.

There's nothing really doing outside of the manic C and today's a light volume day. Everyone at the stores trampling over sales assistants, it seems. Grupo Galicia (GGAL) up 17% for its own merry reasons, all on light volume. Bargain hunters exist in Argentina, too.

The copper sisters PCU and FCX both down 5% or so, but anything less than a double-digit move either way hardly raises an eyebrow these days.

Dia Bras (DIB.v) at $0.105 has done 1.2m share volume today. Note the recent press releases from this company...all very intriguing. Otto knows a couple of things here that other people don't know and this one is now on my radar.

Cosan (CZZ) back over $3. This stock offers some great value as long as the corp bonds market doesn't explode on us. DYODD, but i like this stock over the next three months.