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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Energy Oil & Gas E&P
Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Looking to start a position around $60
View:
Post by PlutusofCrete on Mar 05, 2024 3:03pm

Looking to start a position around $60

Just put in an order at $60 - a stink bid - hoping to fill this based on volatility over the next few months. 

Either a jump in price tmrw or a sell the news event. NG pricing is in trouble for the next few months. 

I don't bet on the weather - I got burned the last two winters. 

I'm new to the board so any advice or thoughts on my stink bid going through?
Comment by SadieLadyCO on Mar 05, 2024 3:50pm
Stink Bid at $60 not NOW...
Comment by 7Twiggy on Mar 05, 2024 4:33pm
Think your a day and a dollar short. Sometimes it just pays to bite the bullet. I think this is one of those times.
Comment by GunnerG on Mar 06, 2024 3:41pm
No kidding.  Three weeks ago TOU was under $54 and now putting in stink bids at $60.  LOL Talk about missing the boat.  Might as well wait, the price will go back down.
Comment by Canadude25 on Mar 05, 2024 6:18pm
Not likely to get $60. Earnings out tomorrow and announcement of special divy. Share will go up until ex-dividend date unless its a very bad Q4 result then could drop but I can't see it going all the way down to $60.
Tourmaline Oil Corp (Alberta)