Petrobras Energia Participaciones SA (PZE)

Add a New Bears Reason Company: Petrobras Energia Participaciones SA (PZE) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes edit Sudden drop in PZE's price shows high level of uncertainty Top Contributor: Remi Cossart | Created when NYSE:PZE was $5.55 | Edit | History Someone must have dumped a good quantity of PZE shares just after the close in time for the 4th July weekend, enough to justify a 6% drop while PBR remained stable (the two usually track within limits). Either a hedge fund needed to cash in or some other reason perhaps related to the Argentinian patient in general. Despite its low P/E and the fact that dividends were paid in the past PZE clearly is a risky investment with most pointers set to "sell" (100 character max) Cancel

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