This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
.
The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Petrobras PBR is a Brazilian-based, partially state-owned energy company that was riding high a few years ago because of one of the largest offshore oil finds in years. But since 2007, management hasn’t been sufficiently attentive to developing new assets, and the stock has suffered. A new president took the helm in early 2012. Many investors remain cautious on the stock, but at current valuations Petrobras offers an intriguing international diversification opportunity. It has a forward P/E of 4.5 and a dividend yield of 3.2%. - Forbes
Looks like sweet entry range:
ReplyDeletehttp://scharts.co/1gbKyYr
Petrobras PBR is a Brazilian-based, partially state-owned energy company that was riding high a few years ago because of one of the largest offshore oil finds in years. But since 2007, management hasn’t been sufficiently attentive to developing new assets, and the stock has suffered. A new president took the helm in early 2012. Many investors remain cautious on the stock, but at current valuations Petrobras offers an intriguing international diversification opportunity. It has a forward P/E of 4.5 and a dividend yield of 3.2%. - Forbes
someone at Daneric's had this as their stock of the year,I think it was D2k
ReplyDelete