Post by
MyHoneyPot on Jun 11, 2021 12:02pm
TOU and ARX seem to be on a Trend Line
Tou goes up 2 dollars, ARC goes up 10 cents.
Do you see the correlation between the two stocks.
IMHO
Comment by
Beakr123 on Jun 11, 2021 12:14pm
Lol! Although I think I'm a bit more of a believer than you MHP, I think we all have to admit this is PAINFUL to watch. TOU acquired Black Swan though so there is a catalyst there...
Comment by
alta0264 on Jun 11, 2021 1:33pm
It takes alot of buying to move the needle on 724 million shares.
Comment by
Scotchlight1001 on Jun 11, 2021 1:35pm
You speak about pain. When the price of oil went negative, that was painful. I am feeling quite good about Arc now that it is through 10. A double is more likely with Arc, than TOU (in my opinion). If you could advise when oil reaches $80, that would be valuable information.
Comment by
Fredthereferee on Jun 11, 2021 1:46pm
Yes I agree, ARX is lagging behind TOU but eventually the spread in SP with shrink. Definately much higher chance for ARX to double at current price than TOU doubling from here! After all The two comanies are #1 ans 2 players/producers and closely watched and monitored by all investors and institutions.