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Message: Shorting PetroBakken?

For those of you that use short tactics to make money, have a look at PetroBakken.

I bought some thinking it was a good company. Boy was I wrong! It has the ugliest chart - nothing but down!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This new company is HORRIBLE. I loved the old TriStar. They made me some money. Then PetroBank stepped in. Since TriStar was around $17 when they merged and PBN is now at $17 - what did PetroBank bring to the table?

Maybe they are having flooding issues again. Although other Bakken players in southern Sask didn't use that excuse last spring. Perhaps PBN management has some new excuses this year.

I have to keep telling myself that I bought it for the dividends and a 5 year timeframe. Hopefully they survive another year and don't cut their dividend.

KG

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