Investors should take comfort…In knowing Arc is very strong, healthy and profitable - with an extremely bright future (short and long term).
O and G's are trading the 'Delta News', and it's compounded significantly by hedge funds who love to smother stocks and exasperate cautious investors who panic because of 'unexpected and unknown SP depreciation'. They do this for one simple reason - greed (they make money off of disaster and the loss of others). When a hedge fund makes 15% on a forced sell off in SP because the open the selling floodgates, they will make 17.65% on the stock returning to where it was - driving a stock down gives them additional upside on top of the short sell to go long and bring it back, as the percentage climb is even greater than the decline.
Arc would typically attract what I would call 'safe and sound' investing, but the volatility in the sector is discouraging investors - and the fight back against the hedge funds is weak. It will be the same greedy bunch that drives the stock back up when they feel the time is right. The hedge funds will switch to long at some point, and we are in for a larger percentage upswing then what we've sold off.
Until hedge funds are discouraged or prevented from doing these bait and switch moves on stocks (OandG is an easy target), we will continue to see unnerving volatility. A modern chart on most stocks looks like a jarring heart attack - where if we were trading 20 years ago before the over abundance of shorts and hedge funds, we would have looked like a rocket shooting into orbit. It's just the name of the game right now, and has ZERO to do with company fundamentals - it is all market manipulation driven by macroeconomic news (irregardless if it has any real bearing on a specific stock or not). Arc and it's gassy peers are setting records as I type... I'm not at all concerned about Arc - meme stocks, cryptocurrency, short sellers, hedge funds... yes, but from my experience, a profitable company always comes out on top.
GLTA the longs. Try not to get discouraged, as that's exactly what the hedge funds want, and the loud little weasel investors riding with them... you all know who you are.