Athabasca Oil Corp T.ATH

Here comes the rout

[riski]

Who do you think falls the most by Friday close?  My money is on SGY and CJ.  Maybe MEG.

[2020oilgamble]

This post has been removed in accordance with Community Policy

[Nothingmatters]

If people think it's a route then they shouldn't be investing in oil.

[riski]

Or maybe ATH?  Bids are all being pulled.

[Chris007]

The one that puzzles me the most is KELT. Zero debt, but gets crushed as much or even more than more highly leveraged energy plays, when energy corrects.

[fellowship]

Bingo. You finally realizing this is monopoly money. 

[Chris007]

Its a good reminder to cash in on your profits once in awhile, especially in a high volatile sector like energy or other cyclicals. No need to sell all of it, but its good to have some cash on the side, that you can redeploy on days like this.

[fellowship]

Who says I dont have the cash ? Just because they dont want to honor my stock purchase does not mean I need to sell.

[Chris007]

What the heck does "Just because they dont want to honor my stock purchase does not mean I need to sell", mean?

[fellowship]

I have same issue as Hockey. Bidding the ask with limit order is not filled yet .

[Chris007]

Which broker are you with? I just did a order, got filled at .52...that being said, there seems to be a problem with the order system in td...it'll fill, but confirmations seem out of whack

[fellowship]

Thanks I will wait EOD.

[riski]

Indeed.  Those are wise words.  A big run can invite much FOMO and greed.  Cash can be painful to hold in those moments, but becomes SO valuable at these moments.  

[fellowship]

tf are you talking about ?

[riski]

Yes, senseless.  However, panic is not a discerning state of mind.  

[fellowship]

Panic from who ? Becuase I have not sold anything and neither anyone I know.