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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

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Post by SadieLadyCO on Dec 06, 2023 11:32am

Right NOW

I beleive that OIL is being shortted a lot...Only reason to be this low. We may see a big bigt big bounce soon.
Comment by 1condor on Dec 06, 2023 1:17pm
there is a couple weak support levels just below 60...however the big support is right around 55. Looks like at least a trade setting up soon.
Comment by 1condor on Dec 11, 2023 10:22am
Lets see if the weak support just below 60 dollars can hold. If not...55 is possible. Either way if one is thinking of entering the stock for a long position today is very likely a good point to start wading in.
Comment by 1condor on Dec 12, 2023 9:02am
It seems a good bet that TOU will test/break the weak support around 59.50 today. If it breaks next support is around 55. Starting to get interesting with this stock.
Comment by 1condor on Dec 12, 2023 11:55am
Got an bid in at 57.75 and another at 54.00. Should be a TOU holder soon.
Comment by Cobalt on Dec 12, 2023 12:24pm
Comment by Cobalt on Dec 12, 2023 12:26pm
Comment by Dogsbreakfast4U on Dec 13, 2023 10:03am
This company made a lot of people very rich the last three years. It's has great shareholders friendly leadership and will no doubt reach $100 + a share at some point in the medium term. This said,I sold everything I had left in the low 70s. Will look to get back in with a small position at around $53 that we might see in Jan. Don't mind being on the sidelines for now. If I miss a possible ...more  
Comment by 1condor on Dec 13, 2023 4:17pm
At least I got my 57.75 bid yesterday...but my other stink bid at 54.00 doesnt seem likely at this time.