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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 Sep 11, 2019 4:55pm
180 Views
Post# 30117583

Short selling

Short sellingI haven't shorted a stock for almost 50 years , when I was a floor trader for stockbroker A.E. Osler Ltd. I don't short , or buy puts or calls . I have enough trouble with my long positions . Torstar unfortunately is still my largest position . I do support a lot of things which Media Watcher says , including time for a management shakeup of some sort . Like most of you , I am not keen on losing hard earned money on my Investments . I really don't like the idea that owners of less than 20 % of this company have complete control . If the stock has some upward momentum , I will probably scale out my position . I don't see Five dollars any time soon .
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