Petrobras Argentina S.A. ADS (NYSE:PZE)

CAPS Rating: 5 out of 5

A holding company that operates through its Subsidiary Petrobras Energia and its subsidiaries, which are engaged in oil and gas exploration and production, refining and distribution, petrochemicals and gas and energy.

Recs

2
Player Avatar emptygestures (< 20) Submitted: 9/30/2009 3:00:28 PM : Underperform Start Price: $8.91 PZE Score: +0.28

why did this skyrocket?

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Member Avatar Masterofdabull (96.85) Submitted: 9/30/2009 4:19:17 PM
Recs: 1

This was a reorganization of 2 of PBR's units. One ceased to be.
http://www.thestreet.com/_yahoo/story/10605423/1/petrobras-energia-surges-180.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Member Avatar valari25 (83.70) Submitted: 9/30/2009 6:36:21 PM
Recs: 0

How is CAPS going to reconcile this?

Member Avatar FOCKEWOLF (< 20) Submitted: 9/30/2009 10:14:01 PM
Recs: 0

I`m not sure yet, but I will keep looking. But notice the volume was up 8 fold yesterday. Looks like alot of insider information going on.

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