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Bullboard - Stock Discussion Forum 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... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Shorters Getting Out Today - large Volumes Accumulated
View:
Post by integrity11 on May 10, 2024 5:39pm

Shorters Getting Out Today - large Volumes Accumulated

9.2 million shares traded today,  but almost 8.7 million traded in positive. The first trade of the day saw 7.1 mm shares trade at 67.56. Then the shorters and hedge funds worked together and managed to bring price down to $65.09 with only -600,000 shares trading in negative. Some company/fund is accumulating large volumes of shares in the past week? Seems to me something is going on and shorters and hedge funds (on wrong side) are not going to win imo.
Comment by yanga on May 10, 2024 6:51pm
Citadel(Ken Griffin), shorts most of the mid- lage caps in TSX. I hope one day he gets wiped out.
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