PBR - Petroleo Brasileiroby Danny on July 21st, 2008 at 11:28:41 pm |
I’m long this most egregious pile of steaming shit in what is supposedly a “long term” account. I’m adding at the 200-day, which, if breached, will irk my ire greatly.
You’ll notice that since PBR went Lima on shareholders and broke out of it base in May of 2007, it has only touched its 200-day MA once, so I think this is a safe place to add.
You’re starting to get a positive divergence there Boone. I think you see some upside.
You considering unloading the position near the fitty?
July 21st, 2008 at 11:46:27 pmOh yeah…Hey Vacation Boy…WTF is the iBC machine saying?
July 21st, 2008 at 11:47:39 pmyes, the 50, thats the plan.
re the ibcm, i’ll get to that.
July 22nd, 2008 at 1:40:42 amLooks nice right here, quite oversold also. Thanks
July 22nd, 2008 at 7:14:19 amPBR: stop at 54.99 — everything above is a hold
July 22nd, 2008 at 8:15:01 amI like pbr alot too but if oil continues to fall, hard to see pbr rise much. Yeah technically it looks like a good play.
July 22nd, 2008 at 11:52:20 amDanny:
PBR has been Cramer’s fav since January.
July 22nd, 2008 at 11:59:41 am[...] Via Stock Picks and Discussion at iBankCoin.com: [...]
July 23rd, 2008 at 5:42:15 pmPBR is still over valued from an investor perspective and there are more attractive companies in the Oil & Gas sector to put money to work. PBR is due for a correction but it wouldn’t surprise me if it falls down to the $40 level before bouncing.
Incidental, SAC Capital is short this equity. Don’t bet against Stevie Cohen.
July 24th, 2008 at 4:40:16 pmDamn, it must be “summer vacation” time, or some shiznit.
Must be on “Woodshedder hours” or something.
Don’t look now, but Pabst Blue Ribbon’s in a tizzy.
Get ye some EEV, Flea.
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July 24th, 2008 at 8:15:57 pmMust have caught that ‘fever’ again. Better get that rash checked out, Dann-o.
July 25th, 2008 at 1:26:34 amno, first I was legitimately sick, which sucked balls, now I am drunk. Actually, I was on self appointed break. Still am.
Tomorrow I’ll do an iBCM update. You know, it’s sad, it perfectly predicted this 200+ decline but I said nothing nor did anything. Oh well.
July 25th, 2008 at 5:42:18 amYou must have a McClelland Oscillator hooked into that machine somewhere, then.
Ridiculously — almost historically — overbought yesterday at the open.
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July 25th, 2008 at 8:39:04 amDamn, alls I know is if I owned this website… and I had a whip to go with it?
I’d be cracking that shit.
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July 27th, 2008 at 7:27:33 pmdon’t worry jake. Summer market is boring, I needed a break, I took it. No biggie.
July 27th, 2008 at 10:13:35 pm