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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 > Looking for bargains today but didn't find any
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Post by riski on Nov 26, 2021 3:48pm

Looking for bargains today but didn't find any

I was thinking about getting back into ATH today, but it didn't drop that much considering the news.  In light of the risk over the weekend, $1.20 looks pretty expensive.  If it was worth $1.30 yesterday, I don't see how it can be worth $1.20 today.  

The market is always full of surprises.  I'll wait and see what Monday brings.
Comment by Tartar3 on Nov 28, 2021 7:33pm
The guys over at Whitecap seems to think their stock was a bargain, the management team jumped in Friday to buy, think I will join them.Enable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×
Comment by riski on Nov 30, 2021 12:26pm
I'll have to check in with them to see what they think today.  If they liked the price on Friday, they must really like it today.   The reality is the bargains haven't arrived yet.  The true bargains are when people start to get angry, sad, and depressed and we aren't hearing about investors "backing up the truck" every second post.  
Comment by Tartar3 on Nov 30, 2021 1:02pm
When everyone gets on one side of the boat, it tilts, and some will jump off, day to day movements of the stock market are irrelevant, the long term trend in oil is your friend, and to quote Charlie Munger once again "if you are not prepared for a 50% drop in your investments, you deserve the meager returns you will get", a quote made for days like this, as for WCP,, buying in tranches ...more  
Comment by fellowship on Nov 30, 2021 1:19pm
Because they are not selling...why should they sell on a whim. I have been in WCP, BTE, SU the list goes on, you are now trading feelings not stock, sometimes the same feelings change the opposite.
Comment by bigstar10 on Dec 01, 2021 8:53am
I loaded up at $1.19 selling at $2+
Comment by Moemoney42 on Dec 01, 2021 12:58pm
Well I've gotta admit the $1.51's I've sold on the last spike have been replaced by $1.19's yesterday.. although its not a "truck load" I'm happy with the trade.. ;-)
Comment by khyber2 on Dec 01, 2021 4:24pm
Heh, Moemoney, Eric just tweeted he will be on Market Call Friday, to set things straight. GLTA Khyber
Comment by Moemoney42 on Dec 02, 2021 11:26am
Thanks for the heads up Khyber.. 
Comment by bubbamoe42 on Dec 02, 2021 12:07pm
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