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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

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Post by cahclick on Feb 08, 2022 10:20am

Ouch

All ten oil names I follow are taking it on the chin this morning.
Good opportunity to buy a couple more shares if you have dry powder.

glta
Comment by Maxmoe on Feb 08, 2022 11:16am
This is why I don't trade or flip from name to name. No stress over short term moves even when they are big moves. I don't buy or sell if it's up or down 10 cents in one day. Seen both in the last week.
Comment by Maxmoe on Feb 08, 2022 11:31am
I'll sell them all when I see global demand and USA demand (more accurate verifiable data) for oil decline year over year due to decrease in use of oil in our energy hungry economies. Or, if I see a large sustainable increase in production. For now the basic supply vs demand fundamental determinant of oil prices remains positive. Governments and corporations are NOT spending or encouraging any ...more  
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