Seeking Alpha
  • cjt823
    gosh, what is going on with PBR ?
    6/25/12
    Reply (12)
    • 1980XLS-2.0: Chavez like stock. Stay away.
      6/25/12
    • cjt823: i have 5 shares...not much but do i get out now?
      6/26/12
    • DAG1996: PBR is a long-term investment rather than a stock to trade. i wouldn't own it at all if not willing to hold at least several years.
      6/26/12
    • DAG1996: PBR is way too cheap now to sell if u don't want it anymore. now is actually buying time for PBR. just my two pence.
      6/26/12
    • cjt823: ya i bought in at 24 as my first small-time purchase, before really knowing much about how government intervention can affect business model
      6/26/12
    • DAG1996: for a first stock, i'd suggest sticking with a simpler company in a simpler industry and definitely one based in your home country
      6/26/12
    • cjt823: ya i've moved on to simpler and better things haha
      6/26/12
    • DAG1996: simpler does not equal better. i am a PBR shareholder, but i understand the company, the industry, the risk factors and the time horizon.
      6/26/12
    • cjt823: ya, when i first got in i picked based on low entry-point and potential development from the upcoming events in brazil
      6/26/12
    • cjt823: i didn't really take the government influence into account but i'm slowly seeing all the necessary sides..its not going to drop below $10
      6/26/12
    • cjt823: but it certainly isn't the moneymaker i had planned in the beginning, sort of struggling between nice entry point v. success and growth
      6/26/12
    • DAG1996: it sounds like you're looking to make a quick buck... PBR is definitely not a stock for that. any money to be made will take years.
      6/26/12