Replies to post #620 on Oleo e Gas Participacoes Sa, Brazil (fka OGXPY)

[learning curve]

The price holds .08 because somebody is willing to bet their losses against future gains unless the now profit is over 15%.

Petrobas would never buy ogxpy. It would be a conflict with the government long term plan. Ogxpy is simply petro rich land. It will remain private and this will not be able to operate adventagously until petrobas is succesfully pulling from their fields.

Brazil will not allow a privatized firm enter the market until it is adventagous for the government (pbr)

Thanks for both your thoughts....it's a long way away, but I like to be around when the time as right.

Thanks for yours and D conversation. It's got me interested in updating my thoughts here.

Conversion rate should finish around $2real vs $1usd. I think a solid move to 2.4 may occur with quick move to 2.60 to 1usd....however there is an outside chance that anyone beyond 2.25 to 1 is actually a head fake and a 1.65 to 1usd is not out of question.

I'm hunting GOL. It's a Brasil, pretoleum, and currency bet