Transglobe Energy Cp (TGA) comments on Wallstreetbets, Twitch and 4chan

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TGA

Transglobe Energy Cp

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About Transglobe Energy Cp

TransGlobe Energy Corporation is a cash flow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe's common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

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What do you have as a bottom and timeline for the corrective wave? Charting aside, the Treasury switched liquidity flow (and has been increasing the TGA) since July. RRP is also bone dry (indicating that there is zero cash/buying power available). This market is defying gravity.

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Producers can't pass through price increases. Margins are getting compressed. Who would've thought, a tax on firms and consumers - a direct transfer of money out of the economy into the TGA - would be deflationary. Just to be clear - deflation is worse than inflation. If firms have no pricing power due to weak demand, we are likely in a recession already.

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