The stock is worth $1 a share. The company is in a death spiral and I say they pull it out. The oil and gas business, especially this company who does have assets, don;t go BK. They sell the place and that is it. They are at the mercy of OPEC. Let OPEC cut production and the price of crude rises, this helps this country. They are down but not out.
Yea, and to think they are MG CONSERVATIVES, socialist countries and the tea baggers know that socialism is bad and communistic too. Conservatives live in their own white old angry world.
Crude should not be this high. The world wide supply is ballooning, so, this year, we are going to run out of places to store it. Add to that the market correction coming, I would keep my powder dry and wait. There is no way this company can hold that large dividend. They have to lower it. When they do then that is a great entry point. When the Saudis stop pumping wildly the oil business will settle, and crude will rise to what make sense for all, say $75. Of course world machinations can change all that with one incident.
There is a market correction coming, we are going down soon. we got a load of oil in the US, we got to move it soon. The best world is they are bought out, not probable.
This will be a buy down another 15% after the big correction. Correction coming, get dry powder, then buy when appropriate. None of the real estate REITS have done well. It can;t be all bad for all. Buy soon.
Longs feeling cocky now, PBR way up. Sugar plums dance in their head. The government of Brazil never disappoints with surprises that BF investors, plus the market correction is coming. Luck to all
Party over, down it goes. When the chairman of the board leaves, what happens? I say they sell the company. Their furniture is old fashioned.
Sir, you do not travel much I can tell. Most, if not ALL African countries put Brazil to shame with corruption. The comment "ruled by gangsters" is more hate speech. I know you would have a hard time living in a country without corruption---it is so dull. Live in Switzerland.
The shift to oil will be slow. OPEC---Saudi Arabia-- will not cut production, if they do, until June at the earliest. I do not see oil going to $150 this year next. You do know that world wide now we have a glut of oil. If Iran comes back full tilt boogie production that will flood more crude. I say crude rises to about $75 and stays there. At that price all are happy.
Way too much debt. Greece can't dig its way out when they will not lay off people. pensions are too high. No Greek government will cut pensions nor sack government employees. The end is near.
Sentiment: Strong Sell
Yea, who needs to support workers,I mean business is ALWAYS right and FAIR.