24/7 Wall St.
06-25-2008, 04:10 PM
24/7 Wall St. Daily News
The esteemed Ken Heebner of CGM Funds came on CNBC after the coin toss announcement from the FOMC today and he has defended and reiterated his strong and solid views on Petroleo Brasileiro (NYSE: PBR), or Petrobras. This is a stock he has been behind for quite some time as of now, but he thinks it is headed much higher. He believes that the new huge find they are sitting on could lead this one to grow 5 to 10 times over the first half of the next decade. He noted how it is trading at 9-times forward earnings, with...http://feeds.feedburner.com/~f/typepad/RyNm?i=2OvR9I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=2OvR9I) http://feeds.feedburner.com/~f/typepad/RyNm?i=dZ53PI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=dZ53PI) http://feeds.feedburner.com/~f/typepad/RyNm?i=pqGmei</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=pqGmei)
complete story here... (http://www.247wallst.com/2008/06/ken-heebner-kee.html)
The esteemed Ken Heebner of CGM Funds came on CNBC after the coin toss announcement from the FOMC today and he has defended and reiterated his strong and solid views on Petroleo Brasileiro (NYSE: PBR), or Petrobras. This is a stock he has been behind for quite some time as of now, but he thinks it is headed much higher. He believes that the new huge find they are sitting on could lead this one to grow 5 to 10 times over the first half of the next decade. He noted how it is trading at 9-times forward earnings, with...http://feeds.feedburner.com/~f/typepad/RyNm?i=2OvR9I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=2OvR9I) http://feeds.feedburner.com/~f/typepad/RyNm?i=dZ53PI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=dZ53PI) http://feeds.feedburner.com/~f/typepad/RyNm?i=pqGmei</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=pqGmei)
complete story here... (http://www.247wallst.com/2008/06/ken-heebner-kee.html)