Post by
vinneyquaw2 on May 02, 2022 11:53am
ARC SP movement is frustrating
When the oil sector in general is down Arcs SP seems to go down a bit more than the rest of the pack ( a percent or percent and a half or so). Then when the sector rebounds Arcs SP seems to lag the rest of the pack by a percent or so going back up. I am up a couple bucks a share which is great considering pretty much every sector is under pressure. Just bringing up a point inherent to this stock I hope after Thursday it gets a big respectability boost - fingers crossed.
Comment by
topdown99 on May 02, 2022 12:21pm
This stock is indeed a head scratcher , WTI trading over $100 as is condy , nat gas hasn't seen prices like this in over a decade yet poor old Arx continues on like a stealth bomber . It seems nobody even knows this outfit exists , very hard to explain .........
Comment by
red2000 on May 02, 2022 1:32pm
LOL ! Exactly, Nat gas still UP 3,2% today and now the WTI is coming back green !!! If it's stay that way, for the rest of the week, ARX will come back over 18$ just before Q1 results scheduled may 5th !!! Sound a good story !!!
Comment by
vinneyquaw2 on May 02, 2022 2:04pm
Hopefully that story plays out -.I guess.we'll.see.Thursday - GLTA.
Comment by
northman on May 02, 2022 9:54pm
Personally I'm kind of stoked that arc shares are languishing a bit. I mean...I'm not selling. They are buying back shares for cheaper than if the SP had move up. I look at fundamentals and know that they are doing amazingly.