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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Post by forkliftguyon Jan 06, 2018 1:19pm
164 Views
Post# 27297392

Torstar trading

Torstar tradingTorstar stock was run up and supported for a few weeks . As soon as it hit 1.75 , the bids disappeared and the stock dropped in 10% in 3 day's to 1.57 . It appears that the buyer has resurfaced . I am far from an expert on trading patterns although in the late 1960's and early 70's , I was a trader for a brokerage firm for 6 years at The Toronto Stock exchange . My hope is that this stock makes 3 dollar a share . If it does , my plan would be to sell a thousand shares every 50 cents . That way I would be out at 15 dollars ( not much chance of that unless Torstar started a Bitcoin type business ).
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