Tourmaline Oil Corp (Alberta) T.TOU

$80 resistance

[ngtraderng]

It's too strong. Nobody wants to buy Tourmaline over $80. Traders are taking profits after it ran up 1000% in two years.

[Cobalt]

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[ngtraderng]

[realcdn]

Still laughing you whiny biatch?

[fishcarrier]

I am guessing that TOU share price hasn't risen that much because so much of their revenue is being distributed. Then you and I have it, but TOU doesn't. I love it for its high dividend. But I also believe TOU is bound to rise considerably if you only look at the increase in production scheduled and the prospects of receiving much more money for their product.Once they begin to ship LNG

[HighOctane89]

I wonder how many shares got dumped with the multiple head fakes at $80 today but I gotta ask , why would you sell against todays NR , a small impending divy , inclusion into the TSX60 next Monday and another over sized special divy due in another couple of months . TOU is a cash machine right now whether the market wants to admit it or not and with winter looming , things look good .