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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 > what's holding it back?!
View:
Post by kalman007 on Jan 19, 2022 10:18am

what's holding it back?!

I don't get it...with oil now over $86, this stock should be flying!  What's holding it back?!?!
Comment by Oil2018 on Jan 19, 2022 10:24am
Didn't you see scotia headlines on bnn. 7 increases coming in next 12 months. 25 basis points next week I always said free money no money has ruined us! Inflation getting out of hand. Oil stocks always get beat up so unfairly
Comment by Renofund on Jan 19, 2022 12:10pm
Oil names actually do VERY well in a rising rate enviro. 
Comment by TickerStock101 on Jan 19, 2022 12:39pm
Agreed! Oil stocks always rise in a downturn. Liquid gold ladies an gents
Comment by cahclick on Jan 19, 2022 10:52am
I agree it has been painful to watch this gradual uphill grind since the new year (especially with oil on fire) although yesterday and today we have at least stayed green. So many forces at work that prices don't always make sense. Excluding today, there have been 47.95 million shares trade in the first 11 sessions in 2022 for an average of 4.36 million shares per day with daily closes ...more  
Comment by Tartar3 on Jan 19, 2022 12:13pm
If someone told me a year ago WTI was @ $87 and ATH was at $1.35cdn i would say no way, but here we are, and a pull back is due at any time now, good volume, but I will specuate the long suffering losers over the last 10 years are selling every chance they get and it will only move once they are done selling and the ownership flips, how close we are to that tipping point we'll only know in the ...more  
Comment by khyber2 on Jan 19, 2022 12:29pm
What do you guys think of GTE, good update report out yesterday?
Comment by Maxmoe on Jan 19, 2022 12:30pm
AND mind blowing that WCS is closing in on $100 CDN ! It's much lower out the curve is part of the issue with the stock price for all the oil stocks. The crush of 2020 and the 12 bagger in 2021 wiped out a very large percentage of those "long suffering" shareholders that moved on. I feel like a old timer still holding what I bought in 2020. Ath is still not on the radar for ...more  
Comment by bigstar10 on Jan 19, 2022 11:28am
Shorts hoping to crash it one last time before next leg up.....hold steady, buying the dips!
Comment by khyber2 on Jan 19, 2022 12:07pm
All the oil stocks are down, when oil is going higher and higher. Don't  understand it. I have a ot of Ath, but also bought years ago at much higher prices[ didn't have the courage to buy at $0.18 ]  Have a look at Grand Tierra GTE, They came out with an update report yesterday, what do you guys think.? Glta The Khyber
Comment by Renofund on Jan 19, 2022 12:11pm
Oil names were over bought short term, nothing to worry about.  Got a bit a head of themselves.  If you like oil, take the gift 
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