Glossary entry

español term or phrase:

Largo Energía – Corto Telecos

inglés translation:

long on Energy/short on Telcos

Added to glossary by Margarita Palatnik (X)
May 12, 2005 07:17
20 yrs ago
1 viewer *
español term

Largo/corto

español al inglés Negocios/Finanzas Finanzas (general) Report on credit differentials and sectors.
Report on credit differentials and sectors. Not sure what the largo and corto refer to. Would appreciate any help. TIA: Jason

En Valor Relativo Sectorial, cerramos el par Largo Energía – Corto Telecos.
Proposed translations (inglés)
5 +2 long on Energy/short on Telcos

Proposed translations

+2
11 minutos
Selected

long on Energy/short on Telcos

...

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Note added at 16 mins (2005-05-12 07:33:49 GMT)
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It means that they are betting Energy stock prices will rise and Telcos will fall, so they have actual bought positions in Energy, and are shorting Telcos, or selling borrowed telco stocks expecting to repay them cheaper by buying them when the price has come down.

[PDF] BPI Global Opportunities II Fund
... tailored portfolio consisting of active asset allocation among stocks, bonds
and cash, ... We are currently long on energy and basic materials and other ...
www.cifunds.com/web/pdf/688/688_q3_04_e.pdf

Prudential ICICI Tax Plan: Avoid fresh exposures
... The fund appears to be too long on telecom/media than on computer software.
The growth in the former may be not be attractive enough to sustain current ...
www.blonnet.com/iw/2000/08/27/stories/0427d012.htm - 9k - Cached - Similar pages

StockTalk: Terayon - S CDMA player (TERN) (#1533/1577)
... I should care what you think)? By the by, so sorry you reco\'d going long
on telecom stocks during the crash. tsk tsk tsk. Dan B. ...
www.siliconinvestor.com/ stocktalk/msg.gsp?msgid=19131602
Peer comment(s):

agree moken : Sí. Aunque para el bien de Jason, destacaría que el texto dice que se cierra la posición - es decir que se abandona el posicionamiento largo-corto en estos sectores. :O) :O) :O)
20 minutos
Si, Álvaro, they are closing the long on Energy-short on Telcos pair.
agree Egmont
8 horas
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4 KudoZ points awarded for this answer. Comment: "Gracias de nuevo Margarita!"
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