The Following issues are being added to our recommended list for January.
We are recommending credit spreads on the following issues.
AEM - Agnico-Eagle Mines Limited is an established Canadian gold producer with operations located principally in northwestern Quebec and exploration and development activities in Quebec, Ontario and Nevada. Agnico-Eagle is focused on the expansion and large scale exploration program of its LaRonde Mine which is expected to result in increased gold production and expanded gold reserves.
CEDC - Central European Distribution Corp. is a leading importer and distributor of alcoholic beverages in Poland. The company operates the largest nationwide next-day alcoholic beverage delivery service in Poland through its eight regional branch offices located in Poland's principal cities, including Warsaw, Krakow, Gdynia and Katowice. The company currently distributes approximately 300 brands in three categories: beer, spirits and wine.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.
In addition, for those who want to consider several more alternative spreads, we will be suggesting a supplemental list of credit spreads in an email later tonight or more likely tomorrow