Chanos: Petrobras (PBR) is a ‘Scheme, Not a Stock’

Jim Chanos spoke with Bloomberg Television anchor Stephanie Ruhle from the Robin Hood Investor’s Conference in New York today. Chanos described Petrobras as a “scheme,” saying that optimism it will benefit if Dilma Rousseff is voted out of office is unfounded: “Every time Dilma’s poll numbers go up, Petrobras’s stock goes down…Even if Neves wins, […] View the full post at: Chanos: Petrobras (PBR) is a ‘Scheme, Not a Stock’ Related posts: The Stock Market: The New Normal? Could be a Big Day for America’s Stock – Citigroup (C) Global Stock Market Value: Largest One-Month Increase in History
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