Dow?
- Thread starter irvinehomeowner
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NEW -> Contingent Buyer Assistance Program
i think there is an over-reaction, just like when any company gets hacked and the stock price plummets that is a perfect opportunity to buy (target, etc). they have a billion in revenue so its a good size company. i cant see them going out of business. i would expect some fines, etc and then business as usual and the stock starts a recovery. it sounds like there are potential criminal charges, not sure what that does to a companies ability to operate in any particular state (arthur andersen couldnt audit publicly traded companies and closed down), if the criminal charges dont affect their ability to do business there is probably value in the long term. i have 13,000 shares of PBR who is pretty much covered in shit right now, but its a real business with real assets and once the scandal is behind them i think the road to recovery will happen. im hoping for at least a 100% return in PBR within the next 12 months. what is buffets famous line? buy when everyone else is selling right?
Those ratings are rarely ahead of the curve.
Independent investment research firms offer good insights which gives you quantitative and technical information, etc....
If analysts knew what they were doing they wouldn't be analysts. I'f they were accurate I could just buy based on their price targets. They do provide good data, just their conclusions suck.
yeah i would. i hold 13,000 shares that i plan to hold at least till the end of the year if not longer. i also trade it several times a week.
eyephone - ive been tracking/trading this stock for a while and am well aware of the situation in brazil, didnt need JPM to tell me that
and have seen it go from $10 in march of 2014 to $20 or so in october and back to$6 right now. i strongly believe it will double by the end of the year. the first catalyst will be the audited financials for 2014 (form 20-f) filed with the SEC before 4/30/15. If they did miss that deadline for whatever then i could see another 10-15% from today's prices, but from what i have read it is not likely they will miss the deadline. this is the 8th largest econonomy in the world and PBR serves all of their oil needs and has vast amounts of proven reserves. you buy when the shit is hitting the fan right?
qwerty
Well-known member
toady13 said:
i think there is an over-reaction, just like when any company gets hacked and the stock price plummets that is a perfect opportunity to buy (target, etc). they have a billion in revenue so its a good size company. i cant see them going out of business. i would expect some fines, etc and then business as usual and the stock starts a recovery. it sounds like there are potential criminal charges, not sure what that does to a companies ability to operate in any particular state (arthur andersen couldnt audit publicly traded companies and closed down), if the criminal charges dont affect their ability to do business there is probably value in the long term. i have 13,000 shares of PBR who is pretty much covered in shit right now, but its a real business with real assets and once the scandal is behind them i think the road to recovery will happen. im hoping for at least a 100% return in PBR within the next 12 months. what is buffets famous line? buy when everyone else is selling right?
The Motor Court Company
Well-known member
Apple to join Dow, knocks off ATT. Apple is now a blue chip stock, not some tech fad...what if the iWatch disapponts..
The Motor Court Company
Well-known member
just got trade confirmation. 1000 shares of PBR @ 5.98
Qodzilla better be right!
Qodzilla better be right!
J
jmoney74
Guest
eyephone said:The California Court Company said:
Ha! From the stock research firms, it looks like they are giving a hold rating regarding your stock. (Don't quote me, look it up to verify yourself)
Those ratings are rarely ahead of the curve.
jmoney74 said:eyephone said:The California Court Company said:
Ha! From the stock research firms, it looks like they are giving a hold rating regarding your stock. (Don't quote me, look it up to verify yourself)
Those ratings are rarely ahead of the curve.
Independent investment research firms offer good insights which gives you quantitative and technical information, etc....
qwerty
Well-known member
eyephone said:The California Court Company said:
Ha! From the stock research firms, it looks like they are giving a hold rating regarding your stock. (Don't quote me, look it up to verify yourself)
If analysts knew what they were doing they wouldn't be analysts. I'f they were accurate I could just buy based on their price targets. They do provide good data, just their conclusions suck.
Irvine Dream
New member
Would you recommend PBR for non-day traders?qwerty said:
qwerty
Well-known member
Irvine Dream said:
yeah i would. i hold 13,000 shares that i plan to hold at least till the end of the year if not longer. i also trade it several times a week.
eyephone - ive been tracking/trading this stock for a while and am well aware of the situation in brazil, didnt need JPM to tell me that
and have seen it go from $10 in march of 2014 to $20 or so in october and back to$6 right now. i strongly believe it will double by the end of the year. the first catalyst will be the audited financials for 2014 (form 20-f) filed with the SEC before 4/30/15. If they did miss that deadline for whatever then i could see another 10-15% from today's prices, but from what i have read it is not likely they will miss the deadline. this is the 8th largest econonomy in the world and PBR serves all of their oil needs and has vast amounts of proven reserves. you buy when the shit is hitting the fan right?