see 4 thyself
PTR is guy who own china oil marketThat's the way to play it
Jason I agree completely with you. Forget about XOM it is dead. PTR is the guy!!!
wall street is based on 2 things: 1) GREED2) Realityright now Greed is taking over Reality in this PTR. Everyone wants a piece of the action at all costs! wait till Reality sinks in then the retards who buy at these current levels will get a smoking
maybeBut this guy has valueXOM, CVX, COP. all three are better for sureBut PTR has great momentum than other guys24.88 PE is not too expensive to me. Becasue Demand is keep going up in ChinaThey could easy double income next two yearsBig money will keep run into this guy, They could easy top 300 bucks later this month based on OIL 90 bucks
Not to mention XOM is probably 10 times better managed company than PTR. XOM also has many times proven reserves of oil and gas that of PTRPTR is basically in the hands of communist government, so they can just about do anything they want and US investors could be left with holding bag.The risk of investing in PTR is probably at least 25 times that of XOM.
but ptr has a much higher yield!!!:-P ro
You're here too? Making yourself sound silly without even realizing it. Anyone trying to support this through fundies is smoking crack or truly clueless......
HUH???Ever hear of leverage??ROE = Net Income x Total Asset Turnover x Finacial LeverageHigh last # means idiots like urself get screwed.