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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 > Absolute
View:
Post by Jimmy1page on Dec 05, 2023 11:38am

Absolute

Insanity
Comment by cre8value4me on Dec 05, 2023 11:56am
Obviously some large holder is off loading, this is not trading on normal action and the volume has been high also! Nothing to be done but sit and wait till the dump is over and the market obsorbs these shares.
Comment by Sugaree on Dec 05, 2023 12:56pm
Maybe Eric has decided to move on, selling his biggest winner to average down on so many losers he has now. He did trim 6% of his ATH in October, and we will know in a few days what he did in November.  If this is him yesterday/today we won't have a clue until January. https://www.morningstar.ca/ca/report/fund/portfolio.aspx?t=0P0000732C
Comment by MLEWICKIMBA on Dec 05, 2023 1:18pm
So he's selling his top pick just like that
Comment by Sugaree on Dec 05, 2023 1:31pm
Hey MLEK, I am just speculating based on the poster's comment and the fact Eric did sell some in October. He has held ATH a long time, but he gets finicky. He literally said not long ago on BNN he sold all his CNQ because he said limited upsaide, yet added in October only to sell in November, but we will see in a few days what he did in November. This selloff across the board equities and ...more  
Comment by marcrobert on Dec 05, 2023 3:06pm
what's bs is the bias that the various price reporting "organizations" have and how realistic demand forecasting and consumption numbers are. Remember 10 years ago when so and so famous analyst said that peak oil demand was in the rear view mirror. And 15 years ago, that we would run out in 10 years. recently nutall has been strongly emphasizing "underestimated US production ...more  
Comment by dandu1924 on Dec 05, 2023 3:55pm
EN has sold  in october  at over $4.00, this is good to know. So every time EN is on the BNN and pumping  we must get ready to sale too.
Comment by Cobalt on Dec 05, 2023 4:10pm
Take the pump and bail yup
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