Oi S.A. (OIBR)

[randall899]

A billion dollar sale of assets could be read either way I guess . It is a big pile of money though. Could be used for a good cause I guess like a dividend maybe. Who knows . I think that this stock has potential and I have bought it twice. Might be insane too. The way I figure it 3 or four months from now. This offering will be fully absorbed. House phones cell phones and cable tv here in two countries. Give it some time . If this one is not undervalued . I will just give up. Its gonna take awhile to absorb those two billion shares. This is a established business. The street says leave it alone . I think they want a bunch of it. I am holding my little bit here. might get some more too. I got in back in early may. I will ride this into the ground or go make a bank withdrawal in five years unless they pay dividends again. If they pay them again Ill keep this forever. Might even make it a core position. The price may fall yet but I am very confident in this one at this price for now. If it falls Im buying more. I know the risks.