Part of the reaction for the falling PPS is the price of crude. The longer the price of crude stays low the price of the stock will suffer. Just wait and see what happens next quarter report for PBR. Not good.
No need for seatbelt, this PBR vehicle will not move fast enough. Sure it might go to $20, but not this year and not before St Patrick;s day, if then. PBR has proved it is not going in a straight line. Let the corruption scandal touched the President or the SEC get involved and the brakes will be applied,
Chart reading is voodoo. i can point to a dozen charts with "double bottoms" "saucers and cups" Death crosses" and "double whammy flim flam" all are useless in the PPS. It is like this charts and numbers have some secret knowledge of the Creator. If reading charts worked everybody would be a technical elf.
One robin doesn't make Springtime.Yes, the Chinese have primed the pump and the PPS is up 10%, but there still stormy clouds ahead. Let's remember there is a criminal investigation, the accounting firm has not signed off, and you bet the SEC is looking at this, Plus the price of crude is still low and PBR is making less money.
Yea, I'm long too, but I on't believe this is a moon shot and the PPS goes to $25...or $20
Cheap oil? Maybe The Chinese are cutting rates to get their economy moving and the EU will do the same. That will help the price of crude to rise. Brazil and PBR are still a "basket case." Scandals have yet to play out and the Brazil economy struggles. PBR has high debt and if the government does anything wacky with the company the PPS will drop like the proverbial rock I say Hold.
And the beat goes on. You can't "factor in" scandal repercussions and what happens. HOLD.
Costs are hard to figure and I don;t trust any figure. there are too many factors. i do know that in Econ 101 the less money a company gets for its goods or services is not good. PBR especially need every cent it can make to pay off debt and keep the company going forward. Lower crude prices are not good.
Cloud storage is the future and so is security. Add these two together and this company is in a sweet spot. At the present price one should be buying CYRN for the long term.
Unfortunately I will not have enough $ until February to invest. The longer the price of crude stays low the energy companies struggle more---less money. That is not hard to figure out. If crude stay slow for 3 months I can see ALL energy companies that produce crude going down. But in the long run the world uses this black stuff and are like dope addicts---they got to have it. PBR still has some fire hoops to jump through. All this buying are bottom feeders.
Yes, educated, tolerant and progressive unlike the fearful, prejudice and denier conservatives. There is a future and it is not your Leave it to Beaver world you so want to return to. Have a nice day
Scandal or no scandal the price of crude will affect this company more as we roll along. Let the price of crude stay below $80 for long and the company and the shareholders will suffer Short term the PPS will rise but just wait what happens as we approach reporting time. That is, after we get through the latest failed reporting period.
Yea, but my geography is pretty good and I feel for all you conservatives ready and able to return America back to 1957. When you get there say hello to Beav for me.
Good news? Only for those wanting to buy lower and start a position. I said weeks ago I was a buyer at $10, but circumstances said no, wait. I believe the bad news will get badder. Corruption, company unable to produce more and what they produce they get less money, and the world economic situation along with Brazil's shaky economy says it is going lower. Under $8 would a blessing from the stock market gods. This is a day by day situation. Only the brave buy down here and if correct will be rewarded for their courage. Buying low always is what makes fortunes and luck.
Yea, you are right. The stock market just isn't for you. I would sell and buy index mutual funds. they are vanilla safe and tailor made for the high risk adverse and timid investor. Yea, when the big dogs run it best for you to sit on the porch.
They will not be profitable for long when the product they sell is falling in price and the costs of running the business continue to rise. I won't even mention the fraud and corruption that apparently is at the top management. In the long run you are right. Bu then again, how long is long?
Yes, there are American idiots and most come from a red state or vote GOP. Americans are geographically challenged----ask Americans to point out where Brazil is on a map and maybe 40% will get it right. I doubt 10% could point out Colombia. Let's not overlook the problems Brazil and PBR has. Sure they have a growing middle class, but how much is fostered by government programs. Their economy is struggling and will for some time. Like America there are two Brazils----one is conservative and one is progressive and slightly socialist. God love the Brazilians but you have to admit they are not an organized country----compared to Western countries like the USA. PBR is another matter. There is not much of a future for a company racked with corruption, fraud and manipulated by government actions. I have no problem with a government holding down the price of PBR's products, but they cannot do that forever and they cannot do that to the detriment of the country. Plus PBR is producing a product that is getting cheaper all the time. If the price of crude stays around $70 for say 6 months to a year, the company and country will suffer and that growing middle class will stop growing. I agree posters come on here casting insulting slings and arrows at Brazil. These people usually lost money and that makes most people irrational and blamers. especially Americans, and especially Americans who think the sun, moon and stars hover over the USA and God himself established the country to lead the way. In one year this will all be history. And so it goes.
+It is neither. Enron was selling securities and the fraud and MCI was false QRs and fraud. Yea, you could wait and lose 10-15% or buy lower/ Decisions, decisions...
Yes. sir I agree, the future is right for PBR...but not at $70 a barrel. That is real term threat and the most important.