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Esrimeur - Fri, 21 Oct 05 :

My stock borrowing arose from my disbelief that cash could be extracted from Brazil, where almost all of LGB's assets remain (given that the DR is not cleared).

I began looking into this when a liquidator of a UK Investment Trust announced that his firm, PWC, were unable to neogotiate the sale of a stock worth just over 4 mln Real.

I don't understand the rationale for castigating me for having taken a short position. Surely you would do likewise if you thought it would benefit you. No?

We seem to have a bravado v facts board.

I'll post the facts, others can post bravado.


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