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Old 01-16-2011, 03:16 PM   #2985
4444
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Join Date: Jun 2006
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anyways, back to investment talk

i'm upping my stake in Vodaphone (ADR), 45% ownership of Verizon wireless (just got iphone on this network in US), and is 'cheaper' than Verizon & AT&T, also is a huge player in europe - i'm looking for 15% capital appreciation in the coming month(s)... this room will come from the sale of telefonica, a great spanish telecoms company, 7% div yield... but i want to take my risk out of holding spanish stocks - yes great upside, but i'm weary of the eurozone - will it collapse? likely not, but there may (or will) be some big wobbles in the coming months/years

i could see myself playing telefonica again in the future

also, i'm going to increase my stake in Citigroup (preferred over BofA), by taking my profits from bank of ireland - again, europe is hte main reason for this move, i see C as a much safer play, and it will have a great year, no doubt about it... Bank of Ireland has been very volatile, up 10-20% in the past 6 weeks... but not moving out of this range...

just thought i'd share the next 2 moves i have for tuesday
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