Tourmaline Oil Corp (Alberta) T.TOU

Shitstorm

[Lupuslupus]

Looks like all oil and gas companies in the middle of a shitstorm right now
Gas Is down over 7% right now - let's see how this shakes out tomorrow and the rest of the week

Is this the crater before the climb?

let's hope so
Mike Rose keeps buying, so he's looking out much further and one would think he's pretty confident of LNG future

[Randy1988]

You do realize that all corporate management has to buy a certain percentage based off of their title.   Insider buying doesn't mean anything.  They post it to look like anonymous purchases and confidence in the company.  Especially TOU.  NG prices are what makes or breaks these stock. Sorry , I'm a seller

[Lupuslupus]

The only thing true in your comment is NG prices being important to valuation of the company - that's true of any company dealing a commodity The rest is rubbish Dont know if you have an ulterior motive but there is no mandate for company leaders to buy shares in the company they work for utter rubbish

[Eastbank]

NatGas down again this morning...get ready for another trashing!

[Randy1988]

I probably shouldnt of said "all" corprate management , but it isnt rubbish for some publically traded companies such as TOU.  I wouldnt of said it unless i had knowledge on the subject. It trickles down, CEO , CFO, COO right down to VPs.  All are required/mandated/asked  to buy a certain amount no matter how the shares are forcasted to trade in the up coming months. 

[Lupuslupus]

I stand by what I said Show me where this is mandated