ARC Resources Ltd T.ARX

This Stock Price t's no mystery!!!

[JoeDev]

If you check where this stock was in 2019 before the pandemic, it's trading way above where it was then.it was trading at 7.80 before the pandemic. While VET was 20. And over. So it's a Mystery as to why it's as high as 12 .!! I shoulda checked that before I dumped VET.

[topdown99]

I'm not sure if anyone understands the game being run here but in the past 6 months broker #1 (anonymous) has sold 220,000,000 shares . This seems beyond "strange" and something a REAL regulator would be looking into , unfortunately the tse is policed by a few self-serving bankers who hide behind the OSC puppet show . One step forward and three steps back , what's the point ?

[JoeDev]

There is something wrong with Arx. Everytime someone goes on BNN praising it up, the stock goes down. I'm really disappointed but when I look at where this was in 2019 before the pandemic. It's trading alot higher then it was then at 7+ bucks. So I wonder am I wasting my time with false hopes. I gave it a chance but all it did was F ck me since I bought it.

[Beakr123]

Comparing this stock to pre pandemic is useless. It's a totally different company and production profile now.

[topdown99]

Its hard to say Joe , personally I ran out of patience last year . I think you are wrong comparing this present company to pre-pandemic ARX for one reason , the VII purchase . Prior to that ARX was primarily a gas producer . At this time ARX produces approx 80,000 bpd of condensate which they receive $100 per bbl canadian , ARX is the most profitable per barrel producer in North America

[JoeDev]

I know things are different now, with the energy crisis in Europe etc. My friend just came back from over seas and the prices are ridiculously high. But if you check all the charts on all the energy plays that have been around for a while, the only stocks moving up consistently are VET, Cpg and a few that were higher just before the pandemic. Those that were lower have slowed in the mud. Arx is

[topdown99]

More like quicksand Joe . Perhaps once Q4 and Q1 results get released , the market will see this as an acceptable investment . Its discouraging when you continually see how easily this stock is held down .