PetroBakken Energy Ltd. in motion but not making progress
Until the stock begins a new uptrend don’t get married to the story. The trend is your friend till it ends and right now its a downtrend.
Until the stock begins a new uptrend don’t get married to the story. The trend is your friend till it ends and right now its a downtrend.
Management at TOU intends on ramping that up to 51,837 BOED by 2013 and 76,314 BOED by 2015
It sounds like you want to get off of this ride so follow your gut and see if there is a better point to get back on.
From what the charts are indicating at this point in time it appears that there is a trade until the news hits after St. Valentine’s Day. Cold is gold for natural gas and natural gas liquids!
The best outcome at this point would be for the stock to retest $0.50.
It looks like EFG has found support in the $0.30 range but please trade this stock for income. Until it establishes a sustained uptrend its not a buy and hold candidate.
At this point it would appear that TMB is going to take a breather and the question you have to ask is how much of your hard earned profit are you willing to give up as the stock tests support.