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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

ARC Resources Ltd > Naked shorts love a down oil day
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Post by Grandcentralon May 11, 2021 9:35am
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Post# 33172594

Naked shorts love a down oil day

Naked shorts love a down oil dayIf regulators get naked short selling under control, there will be no more 'guessing' what's wrong with great companies. Naked short sellers undermine positive sentiment, by decaying the bid/buy structure and piling on large sell pressure, much of which they don't want to actually sell but 'scare' the hard working little investor into selling out of fear. It's hard for a typical Canadian to see an investment drop day after day, eventually throwing in the towel - naked shorts cover at this time, and then drive the price up with all their new 'stolen' shares. It's fraud as far as I'm concerned. If a corporation did this, they'd be prosecuted.
Read this article just released if interested.
Good luck to all INVESTORS - who actually put up money in something they believe in.
https://oilprice.com/Energy/Energy-General/Is-This-The-Beginning-Of-The-End-Of-Naked-Short-Selling-In-Canada.html
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