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Non-Tech : The Brazil Board
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To: elmatador who wrote (1179)10/23/2012 8:43:43 PM
From: westslope  Read Replies (2) of 2508
 
HRT Participaceones em Petroleo is 72% down off the 52-week high.

This one was incredibly hyped and overvalued out of the gate. I do regret not shorting it.

Not sure I see lots of competence. Exploration results have been meagre to date. Infrastructure in the Amazon basin is an issue. Barges work, but not so well for natural gas.

I would proceed carefully, perhaps set up to trade a good chunk. I do not own.
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