ARC Resources Ltd T.ARX

WTI up ARX down

[Wildfury]

Don't understand, oil prices up today and ARX is trending downward. All this hype of $11-$17 price targets and nothing to show. If ARX is to climb upwards then it has to show some strength. All this supposedly great news, merger, production output, cost savings and down we go again. Why would anyone want to buy this stock? Where is RBC? This stock should be in the 9's already but it's not. Looks like not the just the VII shareholders are getting shafted but everyone who owns this underperforming stock.

[Beakr123]

Looking at your post history you are fairly new to this website and likely new to investing judging by your panicked sounding posts. This isnt just isolated to ARX, look at the whole sector performance in the last couple weeks. Take a step back from the computer and relax. Markets go up and they go down. COVID is putting a lot of unnecessary worry out there and that reflects in the market. Take a

[topdown99]

Beakr123 , you said "covid is putting a lot of unnecessary worry out there" . I would say its a bifurcated effort to undermine confidence in Canadian energy which is easy when you control the narative (ie: the media) and a large pool of shares . Canadian media has done the banks bidding by constantly downplaying every bullish signal in energy and droning on and on about covid . Vaccines

[Fredthereferee]

Agreed, patience is the key here. If you do not have the patience, you should not be in this game. ARc's fundamentals are solid, you just have to wait for the market to realize that and that may take time.

[barneyj44]

Arx is getting a beating compared ro many other NG companies, someone wants out big time