Post by
Trapped on Nov 06, 2022 8:48am
Everyone has something to add
As an ARX bull who's been building my position since 2017, I appreciate other longs like Quint who believe in the company. Yes, people can slag ARX for not being the most aggressive producer in the world, but I've more than doubled my money while being able to sleep at night, every night. I bought as much as I could get my hands on in March 2020 and I'm still here because I like the story and future direction of the company and the industry. Is there seriously anything wrong with that?
What I don't like is when people say management are brain dead, idiots, spreadsheet jockeys etc. Obviously we all know that's not the case. If you talk to the industry insiders who truly know (I have, at length), you would agree that ARX is considered an extremely solid, consistent producer with a pristine balance sheet. They're perceived as the steadiest of operators and one of the lowest-risk plays in the sector, so I can completely understand when someone loses their patience with a poster blatently trashing the company with false or misleading statements.
Everyone has something to add but I would hope we would keep our comments factual or at least in the realm of possibility. And if people truly hate the name for whatever reason, why would they not just go away and comment on another board?
Obviously I support Quint and all the longs, but I also support those who put forth opposing views with respect, accuracy and thoughtfulness. Cheers and GLTA.
Comment by
red2000 on Nov 06, 2022 9:02am
Last shorted shares report ending oct 31st ! Shares shorted of ARC downsize by 4,7M shares, see below ! Is it a good sign !? I think so ! Gl Longs !
Comment by
Quintessential1 on Nov 06, 2022 10:01am
Yeah, I think it is a good sign. As a matter of fact I think Friday's disappointing performance by the entire sector was some kind of algo headfake designed to give the shorts a chance to cover especially with great ERs and rising commodity prices. Monday should be better all around. GLTY and all longs