Home > Boards > US OTC > Real Estate > Gafisa S.A. ADR (GFASY)
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Alias Born 09/22/2015

Tuesday, April 25, 2017 11:15:24 AM

Re: None

Post# of 27
After reviewing the filings .... here is my summary - could be wrong though.

The company plans to issue shares of subsidiary.

This dividend is to anyone who owns shares prior to April 28. That is you must own by April 27th.

I believe some institutional short has created fear in order to cover.

As of now, the US ADR is down 25% while the Brazilian ticker is up almost 10%

As I said elsewhere, this is likely the easiest trade of the year.

Unless I am totally wrong.
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