Wednesday 18 April 2012

YPF - Assasinated by Argentina

Those crazy socialists are doing it again. They are launching pirate-style raiding parties for the European loot. The Government of Argentina is effectively stealing privately assets from what is a largely Spanish owned company. The Spanish Govt' are obviously kicking up a real stink, not that it will make any difference.

YPF - daily


Arguably, the YPF equity is now almost worthless...and today's action displayed truly desperate 'sell at any costs!" trading.

The thieving socialists of South America....what can the Spanish do to retaliate for this grand theft?

YPF will probably be a major corporate story in the weeks to come, as there is already talk of economic sanctions via the EU/IMF.