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Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > Arc unloading for sure
View:
Post by Relaxrelax on Sep 30, 2023 3:44am

Arc unloading for sure

If you look at the chart all week, every 400k trade is sold at a low bringing the stock down.  Every single large trade is done at a low.  This actually is a good thing.  Looks like Arc is unloading.  Another 10 or 15 million shares and the elephant will be out of the room and this stock should be free to run.  Get your powder ready....$3.75 to $3.85 looks like a great time to add.  Keep studying the chart.
Comment by Bennys65 on Sep 30, 2023 5:24am
Thanks Relax good catch
Comment by Bennys65 on Sep 30, 2023 8:39am
So as of sept 7 Arc was free to sell their remaining 20 million shares.and it looks like they have been an active seller putting a cap on any stock move.Nuttall mentioned he thought the overhang was allmost done..In terms of announceing a cardium sale which will increase interest in the stock,the good news would be wasted if Arc just keeps hitting the bid .My guess this is not lost on tve and the ...more  
Comment by wannabebuffet on Sep 30, 2023 10:44am
Someone likes TVE at 3.90.  438,600. Looking forward to 3rdQ numbers. Might be a very Merry Christmas. I ARC is not done selling they must be close. As Eric mentioned 'I don't see anything that looks as good as Energy'. Hide Level II Quotes Orders Shares Bid Ask Shares Orders ...more  
Comment by Re1ndeer2 on Oct 01, 2023 2:12pm
Cardium sale tied to Oil pricing...Don't see Arc as part of the sale logic....
Comment by Oldgreyguy on Oct 01, 2023 6:27pm
Are you certain, I believe the actual date for ARC is Oct 13 but I may be mistaken.  This should be a very interesting quarter.
Comment by Dibah420 on Oct 02, 2023 10:42am
oldgreyguy, you are correct.  But there is a clause in the fine print about  "exceptional circumstances" which they used at the last dump.
Comment by Oldgreyguy on Oct 03, 2023 10:21am
Exceptional circumstances usually means an arranged block trade which I assume Mr Buytels is setting up.
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