Monday, January 8, 2007

Late Day VNT Train Wreck - C.A. Nac. Telefonos de Venezuela (ADR)

On word President Chavez would like to 'nationalize' the company... (Click Here). VNT ended up being halted during the final hour of trading on the NYSE. This also sounds like a good way for Chavez to get his country's currency hammered as well.

Crystallex International Corporation (KRY) which has big mining operations in that country was slammed.

No comments: