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Petr Message Board

  • stocker4949 stocker4949 Nov 12, 2008 10:53 AM Flag

    Wow, just as I have expected about PBR yesterday.

    The earning is great, but already have priced into the stock price and the stock will further get beaten up as general investors tend to look and trade into the future. PBR can't make money when the price of oil is less than $70 dollars a barrel. Meanwhile, the debt is high. PBR will be burning the money away until the price goes above $70.

 
PBR
16.78-0.31(-1.81%)Sep 19 4:00 PMEDT

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