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PetroChina Co. Ltd. Message Board

  • alois9901 alois9901 Jul 2, 2013 9:02 AM Flag

    PTR upgraded by major brokers

    Citicorp, Credit Suisse, and HSBC all upgraded PTR to outperform yesterday and today.
    Couldn't be just a coincidence. Wonder why.

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    • I still believe this stock is trading at a discount sub $115 its recovering well from its shortfall we saw last month in june.

      i brought in at around 117-118 range and was able to average down to 111-112 range. this stock still has more room to grow back to the 120's and 130's before the end of the summer. earnings i beileve come out mid august (hoping for a postive story there).

      and with some sign of trouble back in the Euro area, looks like oil prices will be moving up again.

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