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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

Comment by Mediawatcheron Sep 11, 2019 6:06pm
242 Views
Post# 30117775

RE:Short selling

RE:Short sellingHi FLG,

Not sure why you dignified that post with a response.  We have never advocated shorting TS.b which would have been a good strategy years ago but makes no sense at $.88.  Only the terminally stupid would short a stock under a dollar with the assets that Torstar holds.

Careful readers will know I advocate an overthrow of the morons running the business.  I would ignore those who impute imagined motives. 

The solution to TS.b isn't that complicated.  Holding these shares will continue to deliver a healthy dividend and the Keystone Kops will eventually be replaced.


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