Post by
Cheadle12 on Jan 30, 2023 8:07pm
Is Arc Resources heading to zero ?
They have those big term debts looming in a few years and the price of gas is imploding.
This company needs to be acquired and pronto to save the management team from this downward spiral.
Comment by
barneyj44 on Jan 30, 2023 8:32pm
Arc has paid off $1.1 Billion debt since acquiring 7Generations, not a bad start if you ask me. Long and strong on "the resource"....
Comment by
Quintessential1 on Jan 31, 2023 6:00am
In 2022 ARX has paid down over 700 million in long term debt which is greater than either of the two tranches of debt, $450 million due in 2026 and $550 million due 2031. Buzz off cheedledic you do not know anything about this stock. ARX can acquire or be acquired but it does not need either to grow, survive or pay investors. GLTA ARX BULLS
Comment by
RusticHit on Jan 31, 2023 12:02pm
Don,t know if going Zero or Not but @ 7 months lows and red again while Og index up 1 %
Comment by
RusticHit on Jan 31, 2023 1:08pm
even pure nat gas producers like pey are trading around 3 months lows why Arx taking so much beating trading at 7 months lows 14 -14.50 next support if Nat gas breaks down here
Comment by
RusticHit on Jan 31, 2023 2:10pm
HOney and Nut dragging this down evey dam thing is Up ATH up 6% and up 20 % since Nut pumped and this Junkie is flushing down Honey are you shorting this every day ??
Comment by
MyHoneyPot on Jan 31, 2023 2:29pm
No seriously it the most mispriced stock in the market, i am significantly over weight ARX. I do play a covered call strategy generaly, because i trade a lot, but i bought back all my covers and bought more stock and will not write calls at this price. Really this is an opportunity of a lifetime to buy it cheap, and i was expecting over 20 dollars a share here. IMHO
Comment by
RusticHit on Jan 31, 2023 2:47pm
where goes your budddy Ray of Pou ask him to load this Up if this is so cheap he thought he can MOve the stocks with his Buying Power ,,,
Comment by
MyHoneyPot on Jan 31, 2023 2:52pm
He is a wild man, POU is debt free with lots of upside and real strong management. Its an easy hold and he likes to trade it. Lee Cooperman say pou is a table pounding buy. I think if Arx got taken out it would the best thing for the stock and the company. IMHO
Comment by
RusticHit on Jan 31, 2023 3:50pm
If you trade lot why not trade XEG best for trading with less stress 20-30 cents easy swings with tons of Volumes
Comment by
downwithdotcom1 on Jan 31, 2023 7:44pm
yet ANOTHER highly technical well thought out post from "NOTHING GREAT HERE"..can't wait to post this over on the CR bullboard and let the court of opinion rule...shoe fits...you just can't help yourself...dwdc
Comment by
RusticHit on Feb 01, 2023 1:28pm
new 52 week lows coming only A buck away look below with Nat gas crashing