% | $
Quotes you view appear here for quick access.

Petróleo Brasileiro S.A. - Petrobras Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • natelew2002 natelew2002 Sep 23, 2010 10:04 PM Flag

    A buyer B/S

    it goes up since the overhang/risk of how this transaction may or may not be received is over. demand was very strong and it was largest deal in history of wall street. it's like the price to buy a case of coke is less per can vs. buying one can. they just sold $70billion worth. once this is digested it should return to the prior market levels in my view based on watching other secondarys. in this case, lots more institutional interest helps.

8.83+0.18(+2.08%)Jul 2 4:00 PMEDT