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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 > Hey twitterheads, or twits, or twots
View:
Post by Maxmoe on Aug 12, 2022 4:33pm

Hey twitterheads, or twits, or twots

What do you refer to fellow twitter users as anyway? I don't do twitter but I understand Eric does. Can one of you do us all a big favour? I noticed his fund earns "securities lending income " of about $300,000 for the six months ended June 30, 2022 compared to only $14,000 in 2021. This means his fund is lending securities, probably to shorters. A very large number of shares because the fees per holding are minuscule. So speaking of "burn the shorts", Eric can cause them all kinds of pain with ATH shares which as we know has a huge short position. All he has to is contact his custodian and tell them the ATH shares are no longer available for lending. He could do that for all his 12 stocks, but especially the small caps where he has such a large % of the float. Maybe he's not aware of this option he has with the custodian. Maybe he could pass this on to rob broen and Matt Taylor. They could in turn remind other money managers of this option. I can almost hear shorty squeal when he gets a call his share loan has been yanked. PM me if you or he need more info.
Comment by ComradeKomissar on Aug 13, 2022 12:58pm
I am pretty sure RBC is lending my shares. Over 90% retail ownership..not much we can do.
Comment by Maxmoe on Aug 14, 2022 4:41am
They can't lend your shares unless you are buying on margin which my dealer( TD)doesn't allow for any stock under $3. You can call and ask to confirm or check your monthly statement. On the holdings page, there will be an indicator for "seg" or "segregated" which confirms those shares can NOT be borrowed from you. The vast vast majority of all borrowed stock in Canada ...more  
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