RE:RE:RE:RE:RE:Using technical analysis for this one.Jeez Quint, I just read his verbal crapstorm over at the VET board. He just can't seem to keep ARX's name out of his pie hole because he rants about it on every board he can find. Strange...
What's also strange are the double standards than soak through his arguments:
Dividends good for some companies but bad that ARX has one
Buybacks great for others but evaporating cash for ARX (despite that ARX has bought virtually every one of it's ~130Million NCIB-canceled shares well below currrent market value)
Some companies shut in production: Good - ARX bad!
ARX hedges: That's bad. ARX doesn't dials back hedges: Also bad
Complete fool that spews garbage everywhere he goes. Unbelievable.
Quintessential1 wrote: Yeah the poo pot is over on the VET board with his pom poms out in full swing like he just won the Grey Cup.
Oh yeah, AAAARRRRGGGGGOOOOOSSSSSS!
The guy is repeating the same message ad naseum again only this time with the added caveat that ARX might buy them out if they are seen to be too cheap.
Yeah poo pot like VII LOL.
They would be a pretty good buy for their montney assets and CEI interests but then ARX would have to sell off the international assets which could fetch a pretty penny but is that really what ARX does? But again....yummy yummy montney assets...adjacent too. Damn. LOL
At the same time he is bashing ARX management for shutting in Sunrise without realizing that every other natural gas producer that could shut in their natural gas production did months after ARX including the venerated TOU and the dpsht's own holdings of KEL and POU and oddly enough the only one of those 4 that didn't need the production to make in fact beat consensus earnings was ARX.
GLTY and ALL ARX BULLS.
Trapped wrote: So true, and that's the problem with all these geniuses constantly trying to beat the market by day-trading when there is zero control over short-term direction.
We're not investing in stocks, we're investing in businesses. Find good ones and let them compound earnings over time. Why do people make it so difficult.
It's why I can't stand "Look, a squirrel!" MHP. He sells good companies before they have a chance to peform so he can chase the next "deep-value play" that never quite pans out. He deserves to be broke.
Quintessential1 wrote: Don't forget he also said this:
My money went over to another cheap oil and gas stock, on the Toronto stock exchange : symbol GTE ,which is a better bargain for me with bigger leverage I wonder how that is working out?
ARX sitting about where he sold for so he'd at least not be down and be up the divi with good production revenue torque coming online this quarter.
GLTY and all
Westcoastenergy wrote: Frankly, you are a complete joker and contradict yourself at every turn. You said fossil fuels are passe, then you said about ARX ".There will be a flood of oil & gas supply coming out into the world markets in 2025 and beyond,so it will be really bad for the existing shareholders of this stock."
Then you said on the WCP bullboard, a very oily company, that is was a great buy. Now you are saying you used technicals to sell ARX. I assess it all as drivel....