Post by
DukesMtl on Feb 24, 2023 2:34pm
I sold my position in ARC today.
Due to an unusually warm winter and a build up of Nat Gas for European needs which never manifested due to this warmer weather, Nat Gas is going down from here and names like ARC & Tourmaline will no doubt share the down trend.
I will buy back in when ARC is in the 3-4.00 range this Spring.
Comment by
BigJake on Feb 24, 2023 4:40pm
Well good luck with that, I hope you enjoy the cash you made in ARX
Comment by
Speciallygood on Feb 24, 2023 5:43pm
Either you are kidding or not in full control of your mind. $ 3-4 ??? A Billion dollar company....Another one to ignore IMHO
Comment by
PaleRider22 on Feb 24, 2023 6:19pm
No one cares what you do...
Comment by
integrity11 on Feb 24, 2023 6:25pm
Lol you sound like a typical shorter trying to drive the share price down. You likely didn't sell any shares today and also likely didn't have any too start with. Nice try, but it is nice to see some humour, You are very funny with your statement of buying back at $3 to $4, There is not enough humour in the world so Thank You.
Comment by
DukesMtl on Feb 24, 2023 6:44pm
Actually, I got a double with ARX having bought in years ago at 7-8 range. LNG prices are going to ZERO and oil producers will be burning off NAT Gas due to the GLUT that has been accumulating and will worsen in the spring time when nobody needs NAT Gas to heat or cool anything! Just hold on to your shares and we can revisit this in late May to see who was correct.