Post by
integrity11 on Feb 08, 2022 4:39pm
Back to $15/16 Thursday? Quite Possible
Arx got caught in the downtrend today due to the oil price drop. Arx is a great company and should have a great report unless we see a surprise like CVE.
Good fortune to all non shorters on the board. To shorters we hope you lose your shorts . LOL
Comment by
Sunsurfer12 on Feb 08, 2022 4:59pm
ARC will do fine mid term and long term..can't expect this to go straight up..never does...a few days ago i mentioned how oil was due for a pullback as extremely overbought (lige ng) and now we are seeing it...will buy back my calls in the next few days as think it will likely bottom back around the low to mid 13's before we get to our next up cycle of the journey to the $16-$17 area..
Comment by
IvanGubinski on Feb 08, 2022 6:09pm
22 is where we are heading to . Long term will is like 85 bucks. Market is too emotional today
Comment by
angelnicky on Feb 08, 2022 9:19pm
the oil and gas run may be over banks may be cutting forecasts in the short term due to relieve tensions in Russa and chances of iran putting oil on tghe market suspect all companies will be be change from ovrerweight to neutral or underweight CVE lost a ton of money with high oil prices
Comment by
Longrunner11 on Feb 08, 2022 4:54pm
I totally agree, especially the "lose your shorts" part. Someone yelled stampede and the entire sector dropped like soiled TP. Looks like they were too busy posting garbage on forums than actually listening to the CVE presentation and explanation. Good thing have come and will come to those who wait! Including those who wait for ARX. GLTA
Comment by
integrity11 on Feb 08, 2022 10:00pm
Great observation on CVEs quarterly results Longrunner. Thank you Unfortunately we have a couple of Shorters who are active on this board. They too will learn their lesson.