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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > 47 million without price moving? Give me a break
View:
Post by lovehockey on Jan 20, 2021 4:13pm

47 million without price moving? Give me a break

Shady wash trading taken to the next level
Comment by Maxmoe on Jan 20, 2021 4:17pm
Maybe. Maybe it was aliens. I'm puttin on my tinfoil hat man, this sh!ts crazy dude. Got the foil from my jiffy pop.  
Comment by lovehockey on Jan 20, 2021 4:21pm
More than 10% of float traded in one session and the price fluctuated like it is a normal day. Sure thing, buddy. 
Comment by Maxmoe on Jan 20, 2021 4:28pm
If it's all just "wash trading" why would it be necessary to wash 50 million shares today? All that wash trading for the last year has been a few million per day. So what's different today? I'm sticking with the best case scenario that at least 2 or 3 blocks are being accumulated to either make a bid, or block someone , ore some two, :) else from stealing it cheap.
Comment by lovehockey on Jan 20, 2021 4:31pm
Not all of it. They throw these volumes to get their 2-5 million of new shares at low prices. 
Comment by filefish on Jan 20, 2021 4:51pm
Max, well at least I got a chuckle today out of your comment
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