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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > I need to trade this more
View:
Post by barneyj44 on May 26, 2023 12:00pm

I need to trade this more

Sell at mid $17+ level and buy at $16+. Rinse and repeat. Hate watching my paper losses evaporate....
Comment by Speciallygood on May 26, 2023 5:41pm
Yeppers...Even with my meager $ 15 K investment would of made at least 15- 20 K over the last 2 years....That's why I sold at 17.35...wait for the next opportunity...ARX is a great Company but you can't beat the Shorters in the long run !
Comment by Quintessential1 on May 28, 2023 10:07am
Ok so lets review this. 15 K invested and traded to earn lets say the high end of 20 k.  20K / 15K = 1.33 = 133% Depending on when you trade you may or may not receive dividends  ARX share price premerge anouncement in Feb 2021less than 2.5 years ago $6.5 per share(not a low) ARX trading price today $16.91 (not a high) 16,91 - 6.5 =  1.6 - 150% Plus dividends So how are you ...more  
Comment by Quintessential1 on May 28, 2023 10:29am
correction :  (i should really review these more before posting) Ok so lets review this. 15 K invested and traded to earn lets say the high end of 20 k.  20K / 15K = 1.33 = 133% Depending on when you trade you may or may not receive dividends  ARX share price premerge anouncement in Feb 2021less than 2.5 years ago $6.5 per share(not a low) ARX trading price today $16 ...more  
Comment by Trapped on May 28, 2023 3:03pm
I agree completely, Quint. It's always easy to say in hindsight that you could have sold at a near-term peak and bought back lower, but all too often traders are left chasing rising share prices. Never a good thing, not to mention missing out on a sweet 4 per cent dividend yield. You nailed it... Easy long-term hold with a decreasing share count and debt load, coupled with a rising share ...more  
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