The Stockaccumulator

Reasons to Love 3-Digit Oil

Interesting mention of Petrobras. Today is the day to buy PBR, as $66 is the day we have been waiting for... we PBR longs have see again and again, we now need to get ready again for a big one... we have april, may and june record prices for all PBR products, yet PBR always outprices the competition, and oil companies turn to PBR for everything they need... PBR now preparing to go into its usual amazing earnings season/report, like everytime it has its regular quarterly stock price rally higher... only positive news, no negative news all quarter for PBR...oil and thus ethanol prices are much higher for all of the quarter, demand greater than last quarter. PBR creates its energy/fuel/oil and its refined products cheaper, better, and all customers and investors in South America, asia, europe and the US are aware of its inexpensive and essential production... it is a household name in Brazil, and all over the world now, still growing profit exponentially, hence why IBD rates it one of the top 20 companies in the world to invest in. See its latest rank in investor's business daily, I believe it is still so ranked or near... there is no bad news. PBR has its own railroads, ships, proven methods, well trained employees, low wages, big demand from asia... my favorate strong buy/long term own, great for your future type companies... it stock price should be 45% higher by year end, easily... inflation new cost of oil all quarter, and strong ethanol and refined oil product demand should make sure of that... hence why Cramer also loves PBR... have patience... It will soon be at the analyst predicted $90 soon, perhaps by late July...

Yours Truly, your friend, the Stockaccumulator...

Oil Outlook: 2010 Will Be Better Than 1982

The
Stockaccumulator

Good article, but a far better buy today would be PBR during this brief rare, mini-pullback in PBR...Read the below carefully researched article from "The street.com on Petroleo Brasileiro:

" (PBR - Cramer's Take - Stockpickr) shareholders have earned a 172% return on their investment over the last 52 weeks.

"If last week's positive earnings announcement is any indication, this Brazilian oil company has a lot more going for it than just good-looking charts (though the charts look good, too.)

PetroBras Returns Continue to Beat Oil and Brazil Investment Benchmarks

PetroBras boasts nearly a $300 billion market capitalization (its market cap just passed that of Microsoft(MSFT - Cramer's Take - Stockpickr)).

In fact, it now claims to be the third-largest publicly traded company in the Americas, behind Exxon Mobil(XOM - Cramer's Take - Stockpickr) and General Electric(GE - Cramer's Take - Stockpickr).

With a presence like that, it's clearly a bellwether stock both for the Latin American region and in the oil sector.

PetroBras does a lot: It explores for and produces oil and natural gas. It sells surplus production in Brazil and foreign markets. PetroBras operates oil tankers, distribution pipelines, marine, river and lake terminals, thermal power plants, fertilizer plants and petrochemical units. It is also building new pipelines for ethanol distribution and recently set up a separate operation to manage all its ethanol activities.

Here are three reasons I like PetroBras.

1. The recent oil and gas announcements are real.

In the last six months, PetroBras has discovered three super-giant oil fields in Brazil's offshore Santos Basin. The company also confirmed in January a major natural gas and condensate deposit in the Jupiter area.

If estimates of 33 billion barrels in reserve from another field (Carioca-Sugar Loaf) prove correct, then this ranks as the third-largest oil field in the world after Saudi Arabia's Ghawar (66 billion barrels) and Kuwait's Greater Burgan (46 billion barrels). "

Rudy Martin the writer ot this is the former director of research for TheStreet.com Ratings. Earlier he worked 25 years in investment research and management positions with Fidelity Investments, Lincoln National, Dean Witter Reynolds and Transamerica Investments. He began his career as a securities investment analyst at Duff and Phelps where he published equity and fixed income securities investment recommendations. Martin holds a master's degree in finance from Kellogg Northwestern University and is also a Chartered Life Underwriter. "

It is expected that PBR will have a huge number for this coming quarter's earnings announcement very shortly. Never has there been such a huge expected net profit number from any oil company, and due to the April and May record price of crude. The graphs show the accumulation going into and through each earnings announcement to be far more impressive than any other large oil/gas company... One will have to take great risk with smaller similar companies... PBR will make you money next week/month, and expect $140 by next year this time for PBR... todays $68 is a brief temporary bargain... in a week or so PBR will be back to its all time high of $78... this is a rare opportunity... research it, look at the graphs... amazing for such a large well established company that is perhaps the microsoft of oil...

I may buy 20,000 more shares of PBR today or early tommorrow...

Warmest regards... the STOCK ACCUMULATOR