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Opinion on  Petroleo Brasileiro S.A.Petrobras (PBR)     Sector: Energy  >  Industry: Oil & Gas - Integrated
A Value Play on Commodity Sell-Off & Forced Hedge Fund Liquidation

Oct 03, 2008 09:41 PM GMT
Mikerun
Return Risk
+1.04% LOW
Principal

Despite bearish outlook for the price of crue oil, PetroBras is a play on new discoveries and growth in Brazil.

PBR:  This call was made on 10/03/08 @ $32.81
Rating:   Positive   $32.81 (10/03/08)
Closed:   10/11/2008 @ $29.44 (-10.27% in 8 days)


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