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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 > Perfect for Daytrading
View:
Post by lovehockey on Jan 19, 2024 1:48pm

Perfect for Daytrading

Sold 100 k shares for $4.55 and bought back 105 k average around $4.33 - gain of 5 shares. And that is how this is done. Once ATH is $10 down the road this little extra can buy a nice vacation.  ATH right now is a perfect daytrading stock. It will be going up but at times come down for a short time. Thanks to buybacks
Comment by CJInvestor on Jan 19, 2024 2:41pm
I'll never understand why people post their trades on here. We don't care. Go do you boo. This is for news and info related to ATH stock not some Reddit forum for bros  to brag. 
Comment by lovehockey on Jan 19, 2024 2:55pm
I get it and I understand this is annoying. Plus people usually do not post their bad trades. In any case I am long in ATH but also I think it presents an opportunity which I am happy about. It will be going up but with constant setbacks. I believe it will be one of the most predictable stocks in the next 3-4 months. 
Comment by CJInvestor on Jan 19, 2024 4:15pm
I have patiently held my 120k shares at 1.87 average and for me that strgategy has worked above all the daily  noisy markets. Ath is a dream stock for buy and hold. I won't part with one share until 6.50. That's my goal. There. I shared my winning trade.  Point being: many stocks present a day trade and a buy and hold strategy.  
Comment by Dibah420 on Jan 21, 2024 3:45pm
Congratulations on your timely investment.  But after all is said and done it is a stock that is linked to a commodity. "A dream buy and hold stock" could be a risky proclivity.  There are plenty of big fish in the basket of past the best date.  GE, GM, YLO, Enron etc etc. Cheers 
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