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Petróleo Brasileiro S.A. - Petrobras Message Board

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  • fstout57 fstout57 Mar 19, 2012 11:28 AM Flag

    Selling my PBR

    No one has ever faulted someone for taking a profit; that's just good business sense. I am long this stock together with Morgan Stanley, Goldman Sachs, and Vanguard. This is not a short term hold at this price, the future is in the new oil discoveries together with the upcoming new refineries which will enable them to boost their output by the end of next year. China has a huge investment with PBR and interests with big oil companies in the U.S. also brings in added renvenue. Just my opinion, so bashers have at it. . .

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