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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Huge Upside Right Now for TOU
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Post by integrity11 on Jan 09, 2022 1:29pm

Huge Upside Right Now for TOU

I was doing some of my own analysis last night on 10 or more oil & NG stocks that I own or am considering owning. After looking at recent 12 month forecasts from the so called experts and looking at # of shares, debt, production and land IMO there is no better investment in this sector right now than TOU. Having only 329 million shares issued is amazing positive. In the coming weeks before and after Q4 results there is going to be a competition by financial institutions, mutual funds and private investors like us to pick up these limited shares. This is my opinion and my analysis is not complex like some on this board, but I do believe there is a big upside coming that will also wipe out the short positions on TOU.

Good luck to all non short investors.
Comment by integrity11 on Jan 09, 2022 11:55pm
Natural Gas futures currently up over 20 cents (5.5%) on cool weather forecasts for large portions of US over the majority of continental US.  Forecasts can change but this looks very positive for natural gas. Hopefully the beginning of our climb to $50 and above.
Comment by integrity11 on Jan 10, 2022 12:44am
Sorry should have checked befor sending. Meant to say the cold is expected to last for the most of the last 3 weeks of January.
Comment by Beakr123 on Jan 10, 2022 12:32pm
With the nat gas increase I'm surprised we haven't seen an increase here this morning.
Comment by integrity11 on Jan 10, 2022 1:29pm
Beakr do you think that the poor performance this morning is somehow related to the short players working together to get out of their short positions? I do not have any experience in playing the short game, but I have to think the short players on TOU must see the risk to their positions as we get closer to the release of year end results (March 9?).
Comment by integrity11 on Jan 10, 2022 1:43pm
I see that only .648 million shares have traded today so far compared to a normal average of 2.2 million shares. I can see Tou turning around today to closer to break even.
Comment by Beakr123 on Jan 10, 2022 2:39pm
Well there you go, low volume.
Comment by Beakr123 on Jan 10, 2022 2:38pm
I'm not too sure to be honest. "Shorting" is such a broad term. I assume you are referring to large firms shorting the stock and pushing the stock price down rathe than investors selling direct ownership to take profit? Shorting can be a form of hedging so I wouldnt worry about large entities shorting to put downward pressure on the stock price, especially on a stock like this one ...more  
Comment by integrity11 on Jan 10, 2022 4:16pm
Thanks Beakr for sharing your thoughts. I did mean the larger investment firms pushing the stock down . I hadn't given a lot of thought to the hedging scenario, but could maybe see some of that. I think you were giving me a rough time about my low volume theory but thank you anyway. I am being a lot more cautious in the last couple of months as I have regained a nice chunk from my losses ...more  
Comment by Beakr123 on Jan 10, 2022 4:35pm
Yeah, I'd be more inclined to think any short positions were of a hedging nature not necessarily an attack on the stock price. Apologies if that read wrong, not meaning to give you a hard time at all. It makes sense that lower volume would contribute to the price action today. I feel your pain Integrity. Although my holdings were minimal I held VII for way too long and am just above even now ...more