PetroBakken Energy Ltd. (PBN)

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Bears Start Dominating PetroBakken Energy Ltd. (TSE:PBN) (PINK:PBKEF) Stock November 16, 2011

Bears dominated PetroBakken Energy Ltd. ( TSE:PBN ) (PINK:PBKEF) stock action for the third consecutive session bringing the end to the recent uptrend and ignoring the positive third quarter results. PBN stock price slipped another 2.8% lower on Wednesday following a recent resistance bounce near $10 per share. The situation is even more troublesome for bulls considering the fact that PetroBakken announced rather positive third quarter results last Tuesday but the share price still...read more