Do yourself a favor and stay away from Petrobras. Our son is a Geologist there. Brasilians are some of the laziest people on earth and productivity here does not even exist. Petrobras is a govt company. These guys couldn't build anything useful in a million years. The entire Brasilian culture is one of each person doing his best not to work. They think work is only for peons and even the peons here would rather collect their govt checks than work. Believe me, PBR is doomed to fail. They had a chance back when they paid consultants from other countries to do their work but they vae about quit doing that now. I don't even own PBR shares nor am I short. Just giving you some advice. Like I said, I live here, I know.
Dood #$%$.If you don,t like Brasil ,move like muskette did.
I just bought an apartment from a Geologist and his wife also a geologist. Two know it all....full of bs.
They actually said , nothing will happen with gold,,, maybe they have not picked up a paper in twelve years.
I did agree on what they think of WATER. Anyone not investing in water is blind.
Americans are buying water in patagonia, stating patriotism. true americans !! the rest of you go ahead and cry about democrats and republicans ...
As for your thoughts on Brasil, you have not been there very long , or do not know how to capture a culture.
You are probably racist. Do you think that "white" guy in Miami airport is not more lazy than the one in Rio? PBR might not go up in share price soon, but it will not " FAIL" EVER.
The building culture in the US comes from the Italians or did your local indians build anything but a hut?