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Strategies & Market Trends : Turnarund Investing

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Aug 1 5:00 PM EST

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To: thatsnotluck who wrote (1629)	6/9/2012 1:04:42 PM
From: Covenant	1 Recommendation Read Replies (1) of 1876

PZE used to be named Perez and was sold to Petrobras a few years ago. It is an Argentina oil company with all the issues that entails. One bright spot is it sells well below book value, what Chavez uses when nationalizing in Venezuela. Being owned by a next door neighbor makes the politics more difficult for Argentina than a colonial power from Europe. Here happens to be one of the bright spots to Brazilian government control of Petrobras. I'm in the process of moving also and am sharing that pain. Next weekend I move to Virginia. Packing is a pain in the ass, but not as bad as unpacking. Where are you moving?

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