PBR management is probably dancing in the streets,since it subsides gas price to the consumes,higher oil price means higher cost to subsidise.
who will buy the bonds,plenty of money out there looking for high yield/
As for PBR stock price,look at the options premium,not much faith it will go higher .
PBR being owned by the goverment subsidises the poor by selling gasoline for less,with oil price at $100,they lost more moeny than oil price at $50.
how many days does it take to cover 126 millions shares of shorts outstanding?
last week Barron shows shorts have increased from 100 million to 126 million shares so someday these shorts have to be covered,may be starting tomorrow when the dust settles
no earnings yet,just comments that PBR balance sheet would show the writedowns,impairments since the contracts are all padded .
There were plenty of buying to day,it is undergoing some changes,consider how pricey aerospace stocks are these days,this guy is a bargain
it cant be just weakening euro,it is 60 euro versus Eadsy of 16.
what is the formula for conversion Eadsy to AIR.PA?
4 TO 1??
Recent article in WSJ said that First Reserve and Black Rock are involved in building a natural gas pipeline from Texas to North Mexico,to be completed in 2016 as Mexico needs to import more Natural gas.
I am not a shareholder of CHK,wonder if this is good news for natural gas producers,esp CHk.
do you know if PAA buying PNG is considered tax free?
If it is tax free,then we dont have to report any capital gains when we received PAA shares for our PNG shares.
It started moving up when that guy modi?won the election.
but worsening asset quality can only get worse,who do they lend to?
I thought Indian banks are prudent lenders?