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Petróleo Brasileiro S.A. - Petrobras Message Board

  • rjosmo rjosmo Feb 8, 2013 3:48 PM Flag

    Sellers getting tired

    We all know the issue with PBR and the distaste of gov't interference with a shareholder owned entity but it would seem PBR has reached a point where all the negative talking and short transactions can't take it down any further. As a long term long I am fine with it bottoming here and when the locals realize their error - sell a few percent so managment can again run Petrobras like a real company the upside will occur.

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