The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
6 pts

Opinion on  Petrochina Company Ltd (PTR)     Sector: Energy  >  Industry: Oil & Gas - Integrated
PetroChina getting ahead of itself

Sep 25, 2007 01:39 PM GMT
Warren_buffett
Return Risk
-8.96% HIGH
Associate

Analyst Recommendation  

Since recommending PetroChina (PTR) at $109 back in March, I think it's prudent to take a little off the table since it closed at $181 today. It boast an amazing $324 billion market cap. Up 8% today or $24 billion increase just because it's going to be listed on the Shanghai exchange? Seems kind of ridiculous if you ask me. I would like to say I sold some today but I actually sold some on





PTR:  This call was made on 09/25/07 @ $176.53999
Rating:   Negative   $176.53999 (09/25/07)
Closed:   08/24/2008 @ $127.49 (+27.78% in 334 days)


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.25% 381
2 18.14 +72.34% 210
3 17.66 +25.65% 55
4 13.47 +14.32% 61
5 12.13 +76.91% 39


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Petrochina Company Ltd (PTR)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
70.0%
Top:
20.0%




Latest Picks by retirerichblog
Symbol SP Sentiment Rating Return Since
TEX Positive -59.12% 08/24/08
GRMN Positive -11.06% 08/24/08
BP Positive +3.84% 08/24/08
GS Positive +6.51% 08/24/08
ACH Positive +32.05% 08/24/08

View All >
   
retirerichblog previously rated PTR
Positive +56.23% Buy PetroChina (PTR), get a compounded rate of return of 19.50%
03/06/2007
18





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch