PBR

Arbikal · #1 (**permalink**) 04-16-08, 05:00 PM

PBR is about to make a 2:1 split on may 9th which could drive prices up. Its had great returns the past few years. What do you guys think?

Novice Investing · #2 (**permalink**) 04-20-08, 09:41 PM

In the short run, it can do anything. Up up up. Or down down down. In the long run, is PBR trading below its fair value? If so, then it should go up. What does your research says about fair value so far?

Fredledingue · #3 (**permalink**) 04-21-08, 03:35 PM

Yes, Don't make a trade based on split. If there is move it's often minimal.