ARC Resources Ltd T.ARX

Why now is actually more exciting

[Grandcentral]

One positive way of looking at things is - the more mispriced and depressed a stock, the greater the upside and potential gains. Hedge funds know this all too well, hence why they drive SP down, only to load up for easy profits. This is a strategic time of year to undermine vulnerable stocks (the SPR, Interest rates hikes, warmer weather) have made O and G's victim to the seasonal 'tax time' assault - as money is lean with retail investors due to rising costs all around and weaker investment returns, paired with taxes on the horizon - you have people more easily selling out of fear and defensively to preserve what they have. The hedge funds are having a hay day, as the stocks are defying true logic and cause investors to question the safety of their dollars.
It is my belief to use the same fear the hedge funds use to add, not sell - this is how real gains are made. Look to the future, not to the today.
IMO and GLTA

[Trapped]

Good points, GC. It's also good seeing ARX's relative strength today. Regardless of the current SP and broader market environment for O&G (I never invest on a seasonal basis), this company is vastly stronger today that it was one, two and five years ago. It's a top-quality play whose instrinsic value will be realized sooner or later, either organically or via M&A. Cheers and

[SideshowBob1]

Looking at the one year chart as a new investor must be daunting. Holding this name feels like walking on broken glass most of the time. 

[GunnerG]

.Not much different than most O&G.  If new investor I hope you did more DD than look at a one year chart.  Chill out.

[Quintessential1]

Going back and reading mhp's manic posts might help...or not. Speaking of charts is anyone else seeing a cup and handle formng on the max? If you do,  do you put any stock in technical patterns like that? GLTA ARX BULLS