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Bullboard - Stock Discussion Forum Cresud ADR Reptg 10 Ord Shs CRESY

Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is... see more

NDAQ:CRESY - Post Discussion

Cresud ADR Reptg 10 Ord Shs > New to the agricultural stock scene.
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Post by jesseps on Oct 28, 2010 1:35pm

New to the agricultural stock scene.

I am wondering anyone who has this in their portfolio. Do you have any other biotech / agricultural shares and would you be willing to tell me who you put money in?
Comment by GUMBI on Oct 28, 2010 3:16pm
I picked this up last year around $10 and sold recently at $17.50, but looks like I should have held a bit longer?  Looking at their earnings over the past few years, it looks like their assets are increasing, and profit gradually increasing, but seems like a seasonal play.  Being in s. america, it's spring there currently, so I'm not sure when this stock is seasonally strong ...more