Tourmaline Oil Corp (Alberta) T.TOU

Smart investing

[ngtraderng]

You got a $2 dividend but a $4 haircut. Is that a good investment?

[integrity11]

Comments on this board tell a lot about the type of person posting. Fortunately on this board and for that matter most of the oil and ng companies there are mostly really nice and positive posters. 

[bdog123]

I am seeing the same thing.  The stock itself and the dividend game are 2 different animals.  Pocket the dividend, and wait it out for the stock to continue it's journey.  See you at 95+ end of December. Bdog

[CHECKMATE77]

Sell out of the money calls .... 1-2 weeks out repeat 

[bdog123]

checkmate, what you are talking about is not in most stockholder's wheel house.  Getting versed and learning calls and puts are a market unto themselves.  When they go to zero, you lose it all.  I just don't go there, and have no desire to.  I am sure most shareholders are content to ride the tide here for now and the foreseable future, but I would not mind if you

[CHECKMATE77]

Covered calls are in fact not speculating but a conservative way of increasing one's income. Noth8ng goes to zero, you are selling the right to buy your shares at a future time at a specific price. The buyer goes to zero if the option is not excercised . example today tou buy at 79.33 sell nov 18 call at 81.75 for 1.25   so, nov 18 if share price is 81.75 or above you are selling

[integrity11]

Exactly my thoughts Bdog. Shorters and hedge funds (on short side) are getting a chance fo get rid of their positions (most with a loss I suspect).  Only 450,000 shares traded when the average volume is around 2.2 million. Certainly shareholders not jumping to exit their position . Unless NG price continues to drop TOU is likely to close at $80 or greater. It has already started its