11 Quotes by Renato Vercesi

We're seeing a lot of play between the telecom companies. People are shorting some and buying others.

Brazil tends to be driven by the U.S. and people have got their eye on the Nasdaq. There's no strong reason locally for the decline.

Telecoms are gaining flow -- they are cheap, have good fundamentals and are liquid.

Right now, the problems at the macro level are too big for these changes to make a difference.

A lot of blue chips performed strongly today, which shows that the market wants to go up.

The investor world of the stock widens enormously with an upgrade, so it is now rising on expectations of higher liquidity.

Investors were calmer today, thinking Wednesday's fears over inflation were exaggerated.

The flow in the stock is very big, which is also propping it up.

The market was following Nasdaq, but in a much calmer way than before. Also, trading was pretty thin, the final buyer was absent from the market.