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What do you think of Spanish Stocks: TEF and STD?

What do you think of Spanish Stocks: TEF and STD?

Postby armann54 » Fri Jun 29, 2012 4:32 am

Maybe a time frame of a year or two?
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What do you think of Spanish Stocks: TEF and STD?

Postby luki14 » Fri Jun 29, 2012 4:36 am

I used to own STD but sold it last year. I have no interest in buying it back at this point. I tend to be a bit of a contrarian investor and like to buy out of favor stocks, which STD certainly is, but with the serious financial problems in Spain I think there's too much risk in STD. TEF is probably not quite as risky, but it's very difficult to know what the end result of the financial problems in Spain will be so I'm staying away from all Spanish stocks at this point.
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