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RE: TIB: Today I Bought (and Sold) - An Investors Journal #3 - Italian Banks and Oil Drillers

in #investing8 years ago

Maybe I was not so crazy after all - December 13 report.

UniCredit rose 15.9 percent, its best day in more than six years, after unveiling plans to raise 13 billion euros in Italy's biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis. Traders said the rise was exacerbated by short covering.

http://www.reuters.com/article/europe-stocks-idUSL5N1E85JZ

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