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Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – Exit On Any Bounce

Boston, MA 09/15/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) (Closed:16.38, Down:7.09%) kept crashing from the 22-month high at $20.94 it had hit earlier in the month, on the back of the pledge of higher fuel tax coming from the camp of Brazil’s Presidential candidate Marina Silva. It opened with a sharp gap down and kept […]