Telefonica SA ADR (TEF)

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TEF Comments

sma says its gonna go all time high.. what are your thoughts?
How it going buddy?
what this is not moving
the short squeeze just starting
shorts will get squeezed
pis of sh it
Bull stock after divided cut and bottom
Any updates with Telefonica
Listen, guys, great opportunity to make money playing long with this stock. Bridwater Fund is short in it having sold 0,69% of the company free-float before the Government of Spain has prohibited/forbidden/banned short sales in the market yesterday for at least one month from March 17th till April 17th 2020, that maybe extended longer if needed to stabilize the markets during coronavirus crisis. The outstanding 0,69% to be closed means that they have to buy in a hurry 35 million shares ( equal to 170 million dollars) of this stock.
Telefonica is the most important telecommunication company in Spain and a strategic company for the Government of Spain. These guys are in serious troubles and I’m afraid the will have to pay a lot of money to close their position. It is a great mistake on their side to have played short with this stock under the protection of the Government now.  YOU HAVE TO BUY THE  STOCK OF TELEFONICA LISTED IN IBEX 35. Last close 4,65 euros per share in IBEX
so what happened? did they buy? does not look like it
Long? How long? I’ve been waiting 20 years