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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1029

Friday, 10/21/2011 11:37:40 AM

Friday, October 21, 2011 11:37:40 AM

Post# of 30545
PBR cuts the domestic price of NG by 19%:

http://online.wsj.com/article/BT-CO-20111021-705572.html

This is good for the Brazilian populace, but not so good for PBR’s shareholders.

PBR is nominally a private company, and nominally is the most important word in this sentence.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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