Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. 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. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.

TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta) > Shorters at work?

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Comment by realcdnon Nov 04, 2022 11:31am

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Post# 35073238

RE:RE:RE:RE:Shorters at work?

Lighten up bubblicious. Thats how people learn, by getting their feet wet.

Real.

Aces8s wrote:

integrity11 wrote: The shorters and hedge funds trying to exit their positions work together to bring the share price down by lowering the ask and the buy on a few shares traded. But don't worry today there only has been 475 thousand shares traded and the normal daily trading is 2.2 million shares. There are far more stockholders who want the share price to go up than the small number of investors who want the share price to go
down. By the end of todays trading day Tou will be well into the green with only a small volume of shorters able to cover their shorts. The shorters and hedge funds are in trouble as they were not anticipating a huge dividend of $2.25 per share. They will be eating their shorts in the next week and for that matter in the long term as well. They need to switch to Bitcoin or another investment other than energy .

Man am I tired of hearing stupid people talk about shorts.

8s