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Petróleo Brasileiro S.A. - Petrobras Message Board

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  • skinz4q skinz4q Mar 19, 2008 2:58 PM Flag

    Uh Oh Cramer says buy

    PBR is the exception to my rule re: Cramer. Actually, I seriously doubt that he has any real effect on PBR since it pretty much follows the Brasilian market more than ours. Given the relative strength of the Brasilian economy relative to ours, I'd be buying their market (but not ours.) Regardless of the day-to-day price of oil or the gyrations in overall stock prices, I still view this as one of the best places to put new money. That said, I still view Cramer as more showman than anything else.

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