By Matteo Allievi and Jakub Olesiuk MADRID (Reuters) -Telefonica told unions on Monday it was seeking to cut around 5,100 jobs in Spain by 2026 in an effort to reduce costs and...
Telefonica (NYSE:TEF), Spain's leading telecommunications company, is in the process of negotiating with unions regarding a significant workforce reduction that could result in...
Telefónica has successfully issued an €850 million green bond, exceeding its initial target of €750 million due to robust investor demand. The bond, which is Telefónica's third...
Spanish telecom giant Telefonica (NYSE:TEF) announced a surprising increase of 9.3% in its Q3 net profit on Wednesday, reaching 502 million euros ($535.73 million). This figure...
Spanish telecommunications giant Telefonica (NYSE:TEF) has unveiled its financial targets for the period of 2023-26. The company is targeting a modest annual growth of 1% in...
Telefónica, through its subsidiary Telefónica Local Services GmbH, has initiated a strategic move to consolidate its operations in key markets including Germany. The company has...
Investing.com - European stock markets traded in a subdued fashion Wednesday, as investors awaited comments from Fed Chair Jerome Powell while digesting more quarterly corporate...
Spanish telecom giant Telefonica (NYSE:TEF) has announced its intention to acquire the remaining 28.19% stake in Telefonica Deutschland Holding, according to a statement released...
sma says its gonna go all time high.. what are your thoughts?
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How it going buddy?
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what this is not moving
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the short squeeze just starting
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shorts will get squeezed
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pis of sh it
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Bull stock after divided cut and bottom
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Long
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Any updates with Telefonica
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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.
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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
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so what happened? did they buy? does not look like it