Athabasca Oil Corp T.ATH

Tuesday at the latest

[old_dog]

We should have the short report by Tuesday at the latest but this is the last two reports, I'm betting the new position will break the 20,000,000 mark sharply.

Symbol	Issue Name	Shares	Net Change	Date
$ATH.TO	ATHABASCA OIL CORPORATION J	29,188,867	-8,694,168	22 May 2020
$ATH.TO	ATHABASCA OIL CORPORATION J	37,883,035	7,427,319	6 May 2020

I'm looking for a 16,000,000 position and by the time we get to the next report a month from now we should be down to 3-4 million.


Todays volume will be a good indicator...we've already done over 5 million shares in the first 1/2 hour.......if you have a sell placed....pull it......you'll do better a few weeks from now. 


old_dog

[Maxmoe]

And watch the bids for the bonds. It's a bogus market quote, but watch it. I continue to suspect there is a link between the large short position and the bonds. Game over for shorty. 

[lovehockey]

Do you see May 6 number? It went up. It was happening when oil was rallying. So it is not as simple as you say. It is quite possible that the same attempt can be made, they can throw more shares to stop ATH from advancing -that is what they have been doing for the past 18 months. But it becomes riskier for them, so we will see. 

[old_dog]

Lovehockey said: Do you see May 6 number? It went up. It was happening when oil was rallying. So it is not as simple as you say. It is quite possible that the same attempt can be made, they can throw more shares to stop ATH from advancing -that is what they have been doing for the past 18 months. But it becomes riskier for them, so we will see.  They have been shorting the stock since

[lovehockey]

Where I disagree with you is that ATH in a big way and BTE to a lesser extent was manipulated in asimilar way but utilizing several different tactics where shortselling is only one of them. They switch the tactics based on the current market situation but the constant. The biggest problem is that these people in most cases were able to make the stock trade at prices which were the most beneficial

[lovehockey]

.... sorry, meant but their constant goal is profiting no matter what. 

[old_dog]

It's like this, as big as they may be they are NOT THE HERD. Short sellers will operate within the confines of the HERD but for the most part they like to come and go without notice...ESPECIALLY IN THE GO SECTOR. They will be doing robot trades the only difference is in the sizing of those trades. The 500 share lot trades will become 5,000 to 10,000 log trades. When was the last time you saw a

[lovehockey]

Then explain why ATH didn't move late April early May where oil and all other stocks advanced? My explanation is that many of these short shares were sold to their trading partners and they will always be able to cover with a single large trade at any point. I believe that the actual number of true shorts is much less than you see in the report, that is why there was no big buing panic back in

[old_dog]

If that's your answer and your good with it...so am I...carry on like I was normal!!!!! old_dog

[bigkagan]

looks like ATH and SGY are the last to move after doing nothing since March