Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tourmaline Oil Corp (Alberta) TRMLF


Primary Symbol: T.TOU

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. The Company has ownership interests in 16 natural gas plants in the Alberta Deep Basin. It owns and operates five natural gas processing facilities with an aggregate capacity of approximately 325 million cubic feet per day (MMcf/d) with related gas gathering systems and NGL handling infrastructure at NEBC Montney Gas basin. The Company owns and operates two oil batteries at the Peace River Triassic Oil basin, which handles approximately 48,000 barrels per day of fluids and the associated natural gas is delivered to a third party for processing.


TSX:TOU - Post by User

Post by integrity11on Apr 18, 2024 1:06pm
201 Views
Post# 35996269

Dislike Shorters & Hedgd Funds shorting

Dislike Shorters & Hedgd Funds shortingMy pet peeve is how the shorters and hedge fund are able to work together to bring down the price of NG and oil producers with very few shares traded   . I took notice of Tou trading only 199,500 shares at a price of $64,95 approximately  15 minutes ago . 15 minutes later only 207,900 shares have been traded with current price of $64.70. So shorters have been successful in bringing down the share price .25 cents with only trading 8400 shares. I believe it is likely fund managers directly commmnicating via text/messaging with the purpose of bringing down price.
<< Previous
Bullboard Posts
Next >>