A lot of people had bought into or held onto the stock in anticipation of the offer, so now they are getting out. And with the Brazilian market so weak, this further diminishes the market's credibility in the eyes of investors.


Celso Senise

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More Celso Senise

We saw some profit-taking amid less volume and on the back of healthy gains in the past two weeks.
CELSO SENISE
The market remains very nervous and volatile. While we have the turbulence in the U.S. markets, it's...
CELSO SENISE
Its a great market to build medium- to long-term portfolio.
CELSO SENISE
Selling was generalized across the market, with the most liquid stocks going first.
CELSO SENISE
The risk right now is really high and the markets are nervous and volatile. The most liquid stocks a...
CELSO SENISE
We are starting to see a perception in the market that the high oil price could have a greater impac...
CELSO SENISE
Still, there's nothing terrible going on. The market is still strong and the general trend should re...
CELSO SENISE
Privatization means better electricity supply, a restructuring of the industry, mergers and acquisit...
CELSO SENISE
There is some short-term concern in the market that the auction could be delayed.
CELSO SENISE
It's not that the market is weak, it's that there are no prospects.
CELSO SENISE
The market is in good shape. It rose and we are seeing some profit taking ... The important thing is...
CELSO SENISE
The market is very nervous, very volatile, and volume is tight. It's best to stay out of it.
CELSO SENISE
The political factor is what's most influencing the market. It's just a few participants who are pus...
CELSO SENISE
When the (U.S.) market improves we improve, and when it gets worse up there it gets worse down here.
CELSO SENISE
I think it could last as the gains abroad are strong.
CELSO SENISE
What's important is he has political backing. He probably has about 10 days to start getting things ...
CELSO SENISE
You only have to look at your electricity bill to see how people are spending less, and how this wil...
CELSO SENISE
We have all the ingredients for higher trepidation than normal. What will happen is hard to tell.
CELSO SENISE
The economic fundamentals are good and there's cash around.
CELSO SENISE
The expected rate cut was confirmed, bringing in money from abroad. The fall in rates favors equitie...
CELSO SENISE
Smart people always choose comfort over luxury
CELSO CUKIERKORN
The only thing operating on me was my God-given renewing body and his miraculous healing foods.
CELSO CUKIERKORN
The first money memory that many of us have as children is finding a coin on the street, in the park...
CELSO CUKIERKORN
We Jews created the concept of good luck. Luck in Hebrew is mazel, which is not actually a word. It ...
CELSO CUKIERKORN
The financial game is a team sport. God established a covenant with Noah after the flood, and later ...
CELSO CUKIERKORN
When we do those things, we’re actually filling a void in our lives with debt. It’s a slow but s...
CELSO CUKIERKORN
I can't promise you that money will bring you happiness, because it didn't do it for me.
But th...
CELSO CUKIERKORN
When we give away at least 10 percent of everything that we earn, in essence we perform an act of pu...
CELSO CUKIERKORN
Leverage is a term that makes us sound very sophisticated and wise when we use it. Let’s analyze w...
CELSO CUKIERKORN
If you follow these simple truths, you will gain control over your financial future, and probably be...
CELSO CUKIERKORN
If you spent your life trying to be LIKE EVERYBODY, you will only succeed at BECOMING A NOBODY." (Ra...
CELSO CUKIERKORN
All our lives we measure ourselves based on our height, but during a crisis we should measure oursel...
CELSO CUKIERKORN
When I was a small boy, I used to play with toy cars and dream about the day I could own a real one....
CELSO CUKIERKORN
One of the best lessons we can learn is humility. You should define your material possessions; they ...
CELSO CUKIERKORN
God sent the Egyptians ten plagues that became increasingly harder, one after the other, starting wi...
CELSO CUKIERKORN
In today’s world, people are born into different circumstances, but unlike the pagans, each of us ...
CELSO CUKIERKORN
Until now, your money has told you what to do and how much to work. Now we’re going to turn that a...
CELSO CUKIERKORN
Today, we are the only people who are more likely to own a professional sports team than to play for...
CELSO CUKIERKORN
Far too many people are signing up to become slaves to their credit card companies.
CELSO CUKIERKORN
When I counsel people who have been following God’s principles and have reached a point at which t...
CELSO CUKIERKORN
I believe that the true definition of wealth is loving what you have rather than what you don’t ha...
CELSO CUKIERKORN
This is the secret of how the Jewish people have created a hedge against chaos in their partnership ...
CELSO CUKIERKORN
After the Jews crossed the sea and the desert, they reached the Promised Land. Scouts were sent to l...
CELSO CUKIERKORN
Some of us aim at being good
I prefer to aim at being better
CELSO CUKIERKORN
You can also look at your body and think about how the blood flows and the fact that your body is in...
CELSO CUKIERKORN
The world always pays you less than you are worth. Don't sell yourself short even further.
CELSO CUKIERKORN
When you sacrifice everything for your family, and you’re committed to changing your lifestyle to ...
CELSO CUKIERKORN
In the end of the day it matters much more how wise you spent your money than how much of it you hav...
CELSO CUKIERKORN
In bad countries the government takes care of everyone. In the best ones that's not necessary!‏
CELSO CUKIERKORN
Cheap people often are not very happy because they love money more than they love their families
CELSO CUKIERKORN
In the Bible, when God made a covenant with Abraham, He removed Abraham from the pagan world. The pa...
CELSO CUKIERKORN
arrogance is knowledge minus wisdom
CELSO CUKIERKORN
One of the great differences that set Jews apart from other cultural groups is that we see our wealt...
CELSO CUKIERKORN
Remember, buying something is not the problem. The problem comes when we believe, for that moment, t...
CELSO CUKIERKORN
Poverty is a result of poor choices not of poor luck
CELSO CUKIERKORN
If you can live with less of what you have.
You can be more of who you are.
CELSO CUKIERKORN
There are just three things that you can do with Money:
save, give, or invest. Somehow in here...
CELSO CUKIERKORN
The patient is not out of hospital yet, but he's not dying. This black cloud is dispersing a bit. A ...
CELSO CENISE
The market tends to skim profits. Important people may be involved in the scandal and some skeletons...
CELSO CENISE
The day was marked by a lack of money due to the options redemption. It is not a good day to be in t...
CELSO CENISE
There is no new money in the market and there is no strength for a general move in the stocks. The m...
CELSO CENISE
There is still some risk of new twists in the scandal so no one wants to keep positions for the week...
CELSO CENISE
The market has to analyze at what costs and conditions we are getting the IMF money. The market is n...
CELSO CENISE
It is the classic example of how people bought on rumors and sold on news.
CELSO CENISE
The market has lost all rationality and anything can happen now -- further fall or big rise.
CELSO CENISE
Profit-taking is natural after those rises. The market is taking a breather. We hope that it's a bre...
CELSO CENISE
If you ask of specific progress, I'd say we are committed to remain politically engaged, they had be...
CELSO AMORIM
It would not lessen the shock and concern, but it would be something concrete in addition to the apo...
CELSO AMORIM
We are ready to talk, but it is just an exploratory conversation, since Brazil isn't negotiating wit...
CELSO AMORIM
I think that we may have to be content with a little less, ... But if that happens, it does not mean...
CELSO AMORIM
[But after an immediate uproar here, the Brazilian Foreign Ministry began backpedaling.] There is no...
CELSO AMORIM
The Europeans need to show real flexibility on market access, ... We came here for a discussion basi...
CELSO AMORIM
We welcome the fact that it was made, we think that it's a positive step, but there's also an agreem...
CELSO AMORIM
Most of the things the business people in the rich world wanted, they got in the Uruguay Round.
CELSO AMORIM
The step taken (by the EU) was not sufficient to start negotiation in other sectors,
CELSO AMORIM
We all have a general idea of the numbers, but when we reach this point, it is important to have a p...
CELSO AMORIM
The numbers that we, as the G-20, will be putting on the table will imply real cuts,
CELSO AMORIM
The G20 proposal on market access goes too far.
CELSO AMORIM
We are not allergic to the FTAA,
CELSO AMORIM
In the logic of the current negotiations, market access will determine whether there will be a virtu...
CELSO AMORIM
This was a modest but not insignificant deal which could be a driving force to make real cuts in agr...
CELSO AMORIM
The fact that we are able to show solidarity among developing countries all across the issues despit...
CELSO AMORIM
I think there is a general feeling that there must be some sort of U.N. presence,
CELSO AMORIM
Whatever the council decides on actions it wishes to take, they have to involve some kind of engagem...
CELSO AMORIM
We are confident that it (reform) will happen,
CELSO AMORIM
Of course if things happen in the way that they apparently happened this time it may play into the h...
CELSO AMORIM
There is no accord yet, only an idea.
CELSO AMORIM
My assessment is there is no reason why we shouldn't be able to come to an agreement ... because the...
CELSO AMORIM
That will make it easier for Brazilian firms to participate in infrastructure projects.
CELSO AMORIM
made no proposal and then what there was went up in smoke. . . . He circled around the subject and s...
CELSO AMORIM
The worst possible scenario would be to lower the ambition and try to do something on the cheap side...
CELSO AMORIM
We may need a Hong Kong II,
CELSO AMORIM
What's on the table today, taking into account all aspects, isn't sufficient. There's a lot more wor...
CELSO AMORIM
Some speak of a deadlock in the talks. I prefer to talk of a padlock, and the key is in the hands of...
CELSO AMORIM
The gap that still exists in market access-domestic support will be difficult to fill without direct...
CELSO AMORIM
It has to be a person with the capacity and the political vision to handle a difficult situation.
CELSO AMORIM
In 1969 America put the man on the moon.
In 2016 America put the man in the women's bathroom.
CELSO CUKIERKORN
I'm very hopeful ... that the panel will be able to have a fresh look at this dossier and enable the...
CELSO AMORIM
We have to ensure that the benefits of integration reach our smaller partners.
CELSO AMORIM
We feel that these should not be tit-for-tat negotiations, this is something everyone should underst...
CELSO AMORIM
Americans are following a stampede to the financial slaughterhouse. Let us stop following them and g...
CELSO CUKIERKORN
This is not the right moment to leave. It is the moment to stay, to help Haiti go through this trans...
CELSO AMORIM
This is an opportunity, we cannot allow this to be another Seattle, another Cancun,
CELSO AMORIM
We don't want to bury the agreement, ... and we don't want to resuscitate it, either.
CELSO AMORIM
[Talks have reached a critical stage and negotiators need to reach a deal on agriculture in the next...
CELSO AMORIM
Jobim said that 20 years ago, but it still happens, unfortunately. That's why it's quite funny that ...
CELSO FONSECA
I had worked with everyone I admired and learned a lot from them, but in 1997 I just decided that it...
CELSO FONSECA
Now it is clear that unless a miracle occurs - and I'm not even sure what kind of miracle - we won't...
CELSO AMORIM
This meeting is especially important as the committee had not met since 1987.
CELSO AMORIM