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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 > NUTTALL slaughters ath on BNN today
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Post by Tomsson on Jan 28, 2022 1:39pm

NUTTALL slaughters ath on BNN today

NUTTALL announces on BNN he has sold out his entire holdings of ath, it has reached its peak based on current oil prices. Let's see where we go from here.
Comment by elducky on Jan 28, 2022 1:47pm
Interesting, since he said his price target was $2.70 while he still had some and was selling. So now he tanks it, I can only assume to buy back in lower. You generally want do the opposite of what Eric says publically. His influence wears off after a few hours, or the next day.  
Comment by Tomsson on Jan 28, 2022 1:48pm
I ll keep my bid in at .99 cents for ath. Other than that, I will wait.
Comment by woodsmen on Jan 28, 2022 2:12pm
The sooner people on some of these boards like this board and the BTE board realize Eric is a piece of $hit the better off everyone will be.   He is a scamming pumper thats it thats all.   2 months from now he will publicly be done with his top pick that he announced today and go full circle back to the ones he beat up today!!      I know I can hear it already ...more  
Comment by ManitobaCanuck on Jan 28, 2022 2:20pm
Very True..Lol ..The trick is to beat  him at his game. He similarly predicted ATH was going to dogs at 24cents and it fell to 14 centsish for a few months. He is NOT always correct. He got out of Baytex and it doubled up after he sold out. It is positive that he probably got out , we may see BIGGER FISH come in to take this one out on a bid.
Comment by Maxmoe on Jan 28, 2022 3:15pm
He won@t be buying Ath back lower. He@ll be buying it back higher. Much higher. Like he did with bte,cnq,Su,....etc,etc,etc. @
Comment by NWOntario on Jan 28, 2022 3:20pm
Important for us to remember these hedges etc were all in place when he made it his top pick, so nothing has changed except he had to pump the stock to be able to get out, and he was almost giddy when saying he sold his full position as he knows he will buy it back alot lower during the next correction that could see Ath testing the Omicron lows. And Ath was an email and a first discussion, so he ...more  
Comment by Tomsson on Jan 28, 2022 3:37pm
Agreed. There will be a correction. I will probably end up paying to much.
Comment by Hendrick3 on Jan 28, 2022 3:21pm
As soon as the Nutall cheerleaders are finished selling this stock I would think the selling pressure will be off and this stock will climb to $1.50. It was held down for 2 months on selling pressure by nine point. I would presume some bargain hunters will be stepping in the next few days. Then the shorts will start buying back and then a rally. 
Comment by Rational43 on Jan 28, 2022 2:36pm
Eric Nuttall talks about stocks on BNN to benefit one person:  Eric Nuttall. He pumps what he wants to sell, and dumps on what he wants to buy. He's probably buying ATH shares today as we speak.   What he is good for is raising enthusiasm for the space. Don't depend on him for individual stock picks.  
Comment by khyber2 on Jan 28, 2022 1:54pm
HERE is hoping when ATH  reports next earnings, they blow by all estimates. GLTA THE Khyber
Comment by Hendrick3 on Jan 28, 2022 1:52pm
I understand why Nuttall got rid of his position. It was just too big a determinant of his performance. Ath had a phenomenal year and had gone up over 1000%. There are so many stocks who have not caught up. This coming from a guy who had 130k shares and after today I have 270k. I think the company has upside just to big a position for Eric to compete with. 
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