CHARLIERAY

Talk of a Latin American 'Bubble' Gains Steam

Agree with Blue smoke, history have shown that if the US gets a cold Mexico gets neummonia, but this time Mexicans are showing the US they can take their recession with no problem, thay are still growing over 4% and they are the cheapest emmerging market.

Metals and Oil Prices Lift ILF, but Not Without Risk

AMX is still a great buy wait for a huge jump on next Q results.

This is my post from the forum.

EXTRACTS ARE FROM MARKETWATCH WEB PAGE

Goldman Sachs analyst Stephen Graham downgraded America Movil shares to neutral after the company missed the broker's EBITDA expectations by 4%.(SO THEY WHERE EXPECTED TO GROW 25% AND THEY GROW 21% DUE TO INVESTMENTS IN GSM TECHNOLOGY HOW IS THAT BAD???) AND THE MARKET PLUNGES THE STOCK 14% IS RIDICULOUS

The shares were also removed the broker's Americas investment buy list where they were placed last July. (DID THIS GUY NOTICED THE GROW IN NEW CUSTOMERS? A WHOPPING 5 MM IN A Q IS JUST STUPID) (THEY DOWNGRADED AMX AND KEEP THEIR NEUTRAL RECOMMENDATION IN BOND INSURERS LOL)

"Poor Mexico numbers were consistent with pressure reported by Telmex, Nextel, Axtel, and Maxcom, also implying that the apparent insulation of Mexico from the U.S. economic downturn may be evaporating," said Graham in a note. (ONLY MAKES CLEARER WHO IS DOING THE COVERAGE FROM AMX... A COMPLETE IDIOT) TELMEX, AXTEL AND MAXCOM ARE NOT MOBILE COMUNICATION COMPANIES THEY JUST DO LAND LINES, HOW CAN ANYONE BE COMPARING THAT?

PEOPLE IN LATIN AMERICAN ARE NOT STOPPING TO USE TELEPHONES BECAUSE OF A US RECESSION THAT'S JUST TOO STUPID EVEN TO TALK ABOUT IT THEY R USING MORE MOBILES NOW!! THAT'S THE REASON FOR THE WEAKNESS OF TELMEX AXTEL AND MAXCOM, THE ONLY COMPANY THAT HE MENTIONED THAT IS A MOBILE COMMUNICATION COMPANY IS NEXTEL (NIIHD) AND THAT ONE REPORTED BETTER THAN EXPECTED THERE'S A SOAR IN 14% OF ITS PRICE IN ONE DAY TO PROVE IT)

DEFINETLY A STRONG BUY