Buy Petrobras Preferred Stock, Sell C...

Buy Petrobras Preferred Stock, Sell Common Becoming Brazil's Easiest Trade

There are 2 comments on the Bloomberg story from Jul 10, 2008, titled Buy Petrobras Preferred Stock, Sell Common Becoming Brazil's Easiest Trade. In it, Bloomberg reports that:

The best trade in Brazil may be buying preferred shares of Petroleo Brasileiro SA, the nation's biggest company, and betting its common stock will fall after international investors pushed up prices 19 percent ...

Join the discussion below, or Read more at Bloomberg.

netcase

Temple Hills, MD

#1 Jul 23, 2008
what is the symbol (ADR) for PBR Preferred?
can't find it on my quotation system....
reginaofthesun

Middletown, CT

#3 Apr 18, 2009
pbr'a or pbr-a

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