Replies to post #1504 on Petroleo Brasileiro S.A. - Petrobras (PBR)

[ThomCa-ching]

very impressive here

[Makin Millions]

ill buy back in next dip. if it goes back down to test the 50dma, ill snag a ton

[The_Free_Nebula]

As oil prices begin to rise , per will get stronger margins...the issue of govt intervention is baked in. The thing the company must avoid is further corruption and scandal...that is not exactly the same as govt intervention.. I think save for consolidation or price correction PBR is good to go....at least for another qtr....