Wednesday, April 16, 2008

PTR -a sinking ship


PTR (PetroChina Company Limited)

Mr. Buffet was smart when he jumped ship on PTR at a price well above $200. PTR has been on a decline ever since. The company has l0ts of room for growth, but like most of China it's inflated.

I'm planning to purchase some shares if it hits $100.

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