Post by
topdown99 on Mar 16, 2022 3:44pm
Just an FYI
I am hearing "rumblings" of ARX having itss tires kicked by a large buyer . There is an accumulation of shares that keep recycling and bought back until the magic 10% ownership where intentions must be announced . Might be BS but it does make sense , no other reason Canada's largest condy producer would be failing so poorly in an open market . Doesn't matter to me since I think this dawg will be chained down until there is a change in the present C-suite
Comment by
BigJake on Mar 16, 2022 6:11pm
If that large buyer is Canadian that would be a pretty short list, can't think of any Canadian privates that have that deep of pockets
Comment by
andy604 on Mar 16, 2022 6:41pm
I agree with TD ,this stock needs a shake-up, these numbers are rediculous even with hedges. I do hope a change comes, a buyer would be terrific ,i would buy more if that happened.
Comment by
GunnerG on Mar 16, 2022 8:07pm
Psst, a friend of a friend on my sister's boss gave me a tip. LOL If someone was accumulating 10% of the stock, would the price not be going up? 69M shares. Credible post IMHO.
Comment by
Cheadle12 on Mar 16, 2022 8:44pm
There is and has been relentless selling in ARX... not sure why, but there has been.. The NCIB has barely been keeping the stock price stable.. would be much worse if it wasn't in place even. Definitely a target on this company's back, likely to be acquired.. and not for a large premium either.
Comment by
Trapped on Mar 16, 2022 9:16pm
I'll never understand everbody's impatience with this stock. It hasn't even been a year since the takeover and everything is going to plan. LIke seriously: Chill, people.
Comment by
GunnerG on Mar 17, 2022 12:28pm
Talking smack? LOL I own the stock and am very happy it's up .65. Go ARX go. The old, I called it "gossip', "BS" and "rumblings" defense. Your actions speak volumes, a true professional.
Comment by
angelnicky on Mar 17, 2022 6:01pm
arx will be down tomorrow may test in low 14 enjoy your evening
Comment by
probowler900 on Mar 17, 2022 8:10pm
Spoken by a true shorter. I will enjoy my evening knowing oil will stay over $100 for a while and FCF will continue to feed the projected large target.$14 should be a while away if ever again. Sorry Angel!!
Comment by
topdown99 on Mar 17, 2022 10:45pm
lol , like I said , you have anger issues gunny . Seek professional help .
Comment by
CatoCan on Mar 17, 2022 3:25pm
Somone possibly depressing the stock price ot make acqusition easier??
Comment by
Quintessential1 on Mar 17, 2022 6:36pm
CNQ just announced an NCIB. If you made a take over offer and expected the market to to depress your stock price as it ussually does for the acquirer are you allowed to pursue an NCIB or would that be considered manipulating the market? GLTA