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LSTMF vs. ETF Alternatives
Wednesday, Feb 12012, 11:39 AMPetrobank Energy (PBEGF.PK +5.3%) shares pop following the company's sale of its May River oil sands assets for $225M. This leaves Petrobank with a large net cash position, perhaps making investors wonder if a spin-out of subsidiary Petrobakken (PBKEF.PK) won't soon follow. (submitted by Devon Shire) |Wednesday, Feb 12012, 11:39 AM| Comment!
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Michael Blair:: Likely a good trade. I hold both in size.
SenseCommon:: Another insider buy of 21,800 shares on Dec 16.
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cashewking:: Maybe some new management is needed here ?