Petro Rio S.A. HRTPF

Bazil Now Offically in a Bear Market

[gusgold]

This is bad news - even if HRT announces a discovery the stock will be sold on the news. Forget about the pumpers Gusmaran and Kento and look at HRT's chart on stockhouse- nothing but lower highs and lower lows - the classic sign of a stock going lower. HRT down another 7%, you can believe Gusmaran's BS or ask yourself this question - why isn't the smart money in Brazil buying HRT instead of selling evreytime the stock is on an uptrend - a lot of investors sure want out - a real bad sign at this point.