Tourmaline Oil Corp (Alberta) T.TOU

Shorters at work?

[fishcarrier]

It doesn't make any sense to me that TOU stock is actually down from yesterday. Other energy stocks are up nicely. Oil is up, gas is up, both dividends are up. What's not to like? Must be shorters despearately trying to cover their shorts!

[CrashonTrees]

If shorters were covering it would make the price go up. 

[integrity11]

The shorters and hedge funds trying to exit their positions work together to bring the share price down by lowering the ask and the buy on a few shares traded. But don't worry today there only has been 475 thousand shares traded and the normal daily trading is 2.2 million shares. There are far more stockholders who want the share price to go up than the small number of investors who want the

[fishcarrier]

Totally agree. Only thing about the volume. Usually the heavy volume traded comes as a bulk trade at end of day. But, yes, I agree shares should be well into the green by day's end. And there might be some heavy buying on Monday too as many people want to buy to get that juicy dividend.  I'm not worried. I'm heavily invested as this has been a fabulous stock for me all year, and

[CHECKMATE77]

get that juicy dividend.  if you buy today or Monday to get that juicy dividend, then tues the x-div date you will most probably have a capital loss, as in the past with tou and others , the day after the stock retreats by the dividend amount or close to. if you plan to hold , maybe ok...but if trading you lose.  

[Aces8s]

This post has been removed in accordance with Community Policy

[integrity11]

Normal shareholders will not give up $2.25 a share. So basically those traders needing to buy shares to clear their shorts are desperately Working together. Soon investors seeing the opportunity to get a quick return of $2.25 a share will quickly override the desperate shorters and hedge funds on the short side. I hope you don't get burnt too badly Ace.

[integrity11]

I see why you are frustrated as your main stock NFG has had a tough ride . Better luck in the future Ace. Wow you use stupid in most of your posts. Have a great day as I see your NFG is up slightly today.

[bdog123]

Integrity, I have that ace guy bucko is his real name on ignore.  I imagine him running me down because he thinks he is the king of Tourmaline Oil.   He actually told me not too post on HIS board, lol.  Best medicine, pay no heed, ignore. bdog

[realcdn]

Lighten up bubblicious. Thats how people learn, by getting their feet wet. Real.