90% of worlds oil in the hands nationalized govts,or dictatorships,oil profits not being spent on infrastructer or exploration, this company and goverment independantly went alternave on fuel,before evident demand outstripping supply, new oil finds have potential to pu i in top 10 suppliers for year to come.
The state stake in this enterprise being too big, the government of the country being too socialist and the corporate management- too ineffective, I'm on short position on Petroleo despite it's huge pre-salt oil capacities.
Stock screening and chart patterns expert, Kevin Matras, combs through the best Zacks stock-picking strategies averaging +60% yearly gains to find stocks with charts showing they are ready to skyrocket. Chart Patterns Trader >>
Zacks Top Ten Stocks for 2011 are now available! This 10-stock portfolio is a well-balanced mix of aggressive and conservative, large and small cap, growth and value. Buy them. Hold them. Watch your gains add up
With Zacks Method for Trading you'll transform yourself into a Master Stock Trader, one simple step at a time. Get step-by-step instructions and learn how to use the 28% per year Zacks Rank system to find market-beating stocks on your own, fully exploiting the system that beat the market 18 of the last 20 years. Find out how >>