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Petróleo Brasileiro S.A. - Petrobras Message Board

  • jabazian jabazian Jul 30, 2013 1:20 AM Flag

    Earnings Friday - sell now or lose everything

    Second Quarter Earnings Announcement Expected: Earnings will tentatively be announced Friday. The consensus earnings are $0.44, with a high and low of $0.56 and $0.32, respectively. The mean has trended downward from the last estimate of $0.48.

    Brazilians are terrified to release the earnings report. This is going to be an epic catastrophe.
    The worst stock market in the world - BOVESPA
    The worst oil company in the world - PBR

    Sell now - more pain to come - look at the chart - it looks like a downhill ski slope - down over 80% from highs Sell Sell Sell

    Sentiment: Strong Sell

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    • Is Friday the 9th of August?

      I think you should inform yourself as to when earnings are coming out because your last post on earnings was for them to come out on the 19th of July.

    • I'm not too worried. They openly said they are changing their accounting practices and that alone should take care of any currency issues. Any positive earnings will skyrocket the stock. Any negative earnings will barely drop the stock since it is clearly already priced in. Also it is trading below book value so... great opportunity to buy.

      Sentiment: Strong Buy

      • 2 Replies to cubbies622
      • He is just one of those who likes to chase stocks up and thinks he can make a $1 shorting something when noone wants it............................Noone wanted GT at $12 and now everyone wants it at $19-even Merrill Lynch came out and bashed GT when it was at $13 with some idiotic price target of $11!

        The same will happen with PBR.

      • everything is priced in.. lower prices only provide an opportunity for the next emerging market Brazilian Bull.. Erik Batista went from $33B to $200M.. that is it folks.. reminds me of the U.S. Finanncial Crisis 0f 2008/09.. Sheldon Aldelson and a host of Americans lost 90% of their paper wealth.. and now 2013 they got it back and more.. same story.. patience makes BIG MONEY on this one!!!

4.74-0.03(-0.63%)Dec 1 4:03 PMEST