Telecom NZ Shares
Posted on May 12, 2006
Tags: Investing, New Zealand, Stocks |
If you remember, Telecom NZ has been hit with a deregulatory blow a couple of weeks ago. The share price dropped from 5.5 to 5. It was a very popular topic at work on that day and I discovered that a few people were still going to hold on. I don’t normally talk about stocks at work but I couldn’t resist offering people to ‘borrow’ some shares from them - as shorting is not allowed in (socialist) NZ. Unfortunately, no one agreed to. The share price has since lost another 10% or so and trades around the 4.57 mark. You can check out quotes on yahoo.
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I'm a stocks and futures day trader. I trade for a living in Thailand (Bangkok) and this blog serves as an outlet for myself to record my musing, ramblings and occasionally trading activity.
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