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Petróleo Brasileiro S.A. - Petrobras Message Board

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  • jaquecroissant jaquecroissant Jun 2, 2011 10:27 AM Flag

    Worst stock on the planet!

    I've sold out of PBR this morning at a 2% short term loss. I did a round trip but orchestrated a short term loss for tax reasons.

    Reasoning: All of the issues with socialization, etc. The main reason is that this is a slow grower. It is too big. There are so many other great growth opportunities so I've decided to look elsewhere. I also wanted to raise more cash and PBR was the one to sell.

    Great board however. I will continue to follow the folks here since they actually have worthwhile conversations compared to a lot of boards here.

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8.68+0.62(+7.69%)Jul 29 4:02 PMEDT