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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Stock is a dead duck in the water..
View:
Post by Cheadle12 on Apr 21, 2021 4:52pm

Stock is a dead duck in the water..

How come it doesn't go up if it's so good?

Flat.
Comment by Beakr123 on Apr 21, 2021 7:48pm
Man oh man Cheadle is the sky falling? Be patient.
Comment by Wildfury on Apr 22, 2021 11:47am
Agreed, something is seriously wrong with this stock. The insiders know why, probably in May's earnings report they will let the cat out of the bag. IMO they will be reporting write downs, issueing more shares. So much hype, everyone's top pick with so much shorting. This stock will never double because the hedge funds want it this way.
Comment by MyHoneyPot on Apr 22, 2021 11:56am
I think your right, they are likely going to write down VII generations reserves, so that they can reinstate them and a later date and take credit for the reserve increase. IMHO
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