Global Value Investing

[2morrowsGains]

PBG.to/PBEGF, PBN.to/PBKEF...Re: short interest...Check out these 6 month charts on Petrobank & Petrobakken!! And to think short interest has gone up to OVER 11M shares for
Petrobakken!! (11.29M shares sort as of 1/16/12).
Short interest is @ apprx 5.5 sharesM for Petrobank.
If oil remains strong, I would think at some point the Petobakken shorts will start covering which could drive the price on both stocks even higher. Time will tell.
There has definitely been some strong action in both stocks since the bottom 3 months ago. Q1 (and especially Q2 due to spring break-up) will more than likely be a bit weaker on the production side, but Petrobakken has proved over the past 2 Q's that they can really ramp-up production when the weather clears.
In the meantime we wait for THAI.
Anyway, these 6 month charts are beautiful (unless you're short)...

6 MONTH CHARTS...