Tourmaline Oil Corp (Alberta) T.TOU

ARX.TO (ARC Resources) has ugly and significant short

[bagcheese]

Based on the latest financial disclosure, ARC RESOURCES LTD has a Short Ratio of 15.49 times. This is nearly 200% higher than that of the Energy sector and 300% higher than that of the Oil and Gas E&P Industry. That's ugly. This short position is way to significant to have my interest and the shorts position isn't seemingly interested in coving or slowing. 

Tourmaline (TOU.TO) on the other hand has a short position of just 1.39% of the total share float and the short portion of Tourmaline is the lowest right now than it has been in ~ a year. 

Even if you can't read technicals or charts. Compare TOU's chart to ARCs chart. TOU obviously has a way more solid and confirmed chart and technicals as well.

I'm glad someone mentioned the special dividend. Last Fall TOU paid a special dividend and hinted at more to come. This special dividend was 75 cent per share and equaled many years worth of ARC dividends all in one shot. For me personally it was massive as I've accumulated TOU shares since 2012. I welcome more of these special dividends that have been said to be coming. 

[GunnerG]

Aren't you comparing apples to oranges?  First paragraph you talk about "short ratio" and second paragraph you compare the "short position" to total float. Special dividend equaled many years worth of ARC dividends.  Using a simple comparison of one to one share that is true.  But we all know one to one share is not a realistic comparison. Also, I think you

[Beakr123]

Where to you get your short information from BC? Usually from what I understand, available short data lags and isnt generally current. With the ARX price movement the last couple days I wonder if the short position has shifted. Thoughts? Maybe this is a conversation for the ARX board.

[MyHoneyPot]

If you go on canadianinsider.com you can see the shore position for a company.  I find that its kind of hard sometime to call shorts because you many be selling or adding uncovered options just for the purposes of the trading platforms benifit.  I think we are running up towards earning, and the energy industry where the stock are trading a real low multiples will have earning

[Beakr123]

Thanks MHP.

[bagcheese]

Interactive Brokers is my platform. I have significant cash, they pay the highest on cash holdings and show short and as a percentace of float as well have just an all around better platform than most I've seen/used. Theres a fee but its worth it.  Aside from the technicals, if you just simply look at 3 or 4 things when comparing TOU and ARX is 1) Debt 2) EBITDA and EPS and 3) P/E. In

[Beakr123]

This is going to sound rude but nobody cares about how much you pay or how big your savings account might be. Perhaps you are a successful investor but to me that just screams insecurity and is a red flag for someone making a poor attempt to gain some sort of credibility. Moving on... so how up to date is your shorting info? The point I'm trying to make is that if it isnt current (which most

[bagcheese]

You asked how I view the short float..... I explain, in detail, you go offside.. typical ARX cronie still disgruntled ..wow, ARX gained 12%, and in the last 6 months its traded between $10 and $13, big deal, go write home to mom about it, oh it outperformed TOU this week woooo, tell mom that too, get over yourself. TOU paid a special dividend in the Fall that beats any gains ARX has made, big

[GunnerG]

The shorted number of shares comes from IIROC and released twice each month (15th and 30th).  You have the same "old" information that the rest of us have. Sites like Canadianinsider and CEO.ca report the short data as well and their source is IIROC.  IIROC produces what is called the CSPR (consolidated short position report).  The information being quoted is as of Dec 31

[Beakr123]

Why are you still crying about what I said yesterday? I'm merely responding to your comments this morning regarding the short interest and trying to demonstrate why I disagree with that method of comparision as it is flawed in my opinion (The ARX vs TOU weekly price performance is just an example). Im not sure if its your poor reading comprehension or just a lack of understanding but if you

[bagcheese]

Let me get this straight YOU are called ME stupid? Sure ...ok ..and if the short interest in ARX is astronomically higher than that of TOU, there's no comparison to be made there? I suppose like you said yesterday that technicals are "voodoo". ..Well, "voodoo" has severed me well .. I think the technical and fundamental people alike would be interested in how you trade