Oi S.A. (OIBR)

[randall899]

Even though this went down some since I bought in. I have gone off the deep end as I am considering cutting a couple of positions and buying more here. The growth potential from here looks extremely good to me. This is a well established business. They pay a dividend usually also. +100 million in share volume today. The Market has gone insane on the price of this company. This is a fairly large phone company. This is a New York Stock exchange listing. This is being offered by the big boys. It looks like a fly by night pink sheet listing at this price to me. I may not understand the stock market but I understand a dividend paying government operated utility. This is the landline service of the entire country of Brazil. They just sold over a billion dollars in cell tower interests. I think its a no brainer right now. That is good because I may not have a very good functioning brain either. I just cant pass this by.