RE:Nice day today - Crack $40 soon.more BS. does it ever end?
Cheadle12 wrote: This was a great name to short down to around $6 (from $60) and we certainly did very well in that trade, but you always have to be tuned into possible upside when a company like Tourmaline trends down to $6 and it has the potential to head back up to $60.
Not everyone has the fortitude to short a name like Tourmaline, some among us have been holding this name since it was $60 and have been sitting on fully dead money now for 4+ years, praying for the stock to go back up so they can 'seemingly' break even. But break even is no longer $60 given TVM, some will need $80 to make their money back on this name.
Great gains and long it may continue. $5+ Nymex & $4 AECO. TOU also has the California market buttoned up. Good mgmt team and plenty of options for their abundant FCF.
GLTA
~TGC.