RE:When you're the king, there's always little ankle bitters Hey everybody. Since we close up 5% today and ARX only closed up 3% should we head over to the ARX board and tease them about it or are we the big pappy and and don't need to do that childish stuff they do.
Welp, it's certainly is great to be at the top and having the ARX investors nipping at your heals. Makes us feel special. Like we have something they want and will never be able to achieve with their management team and balance sheet.
There's no forward guidance on ARX and that signals a huge red flag for a resource company to have no forward guidance literally nothing and they had to cut their dividend twice when the commodity price didn't even really move substantial. Institutions are Leary of these items and aren't adding to their positions in ARX their recommending a buy but none of them are actively adding as theirs better names
The market has spoken and clearly favours TOU. ARX is totally reliant on the commodity price. TOU was still going up when oil hit the short reversal but ARX went down and down hard. Now ARX has a breathe of life due to the commodity price but would you want to rely on the underlying commodity as much as ARX clearly does given its chart in relation to the commodity. I certainly wouldn't. More upside potential and downside aversion with TOU. And the marketplace has clearly taken notice as per the charts.