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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 > Shorters
View:
Post by Farmer12 on Nov 23, 2021 1:22pm

Shorters

ARX shorters are VERY edgy today, They were possibly looking for a sharp fall in the share price related to the SPR releases, which hasn't happened so far. One or two institutional buys at the close today could push a few over the edge. Every day adds about $7 million to FCF.  Coincidentally ARX has about 700 million shares. This makes the math very simple, even for me.
Comment by Trapped on Nov 23, 2021 2:15pm
Oh, that's why MHP has his knickers in a twist... Works for me!
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