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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 > What’s happened to our momentum
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Post by CJInvestor on Mar 19, 2024 2:06pm

What’s happened to our momentum

Is this a base forming or flashing warning signs of down days to come? I don't quite get the last few days of sideways reserved trading when some oils like surge Baytex headwater etc are all up 6 percent in last couple days.
Comment by Northofsixty123 on Mar 19, 2024 6:20pm
Simple at higher oil prices there is alot more to gain betting on baytex vs ath. More risk more reward.
Comment by Jimmy1page on Mar 19, 2024 9:40pm
I sold BTE at about 9 bucks, cve, around 19, white cap, can't remember and Cresent point. I bought ATH all in at 2 bucks...
Comment by matt2018 on Mar 19, 2024 10:28pm
for awile now ATH shares trend has been to cool off and consolidate after hitting new 52-week high and then continue higher. If you have bought during these flat periods, you have done well. We'll see if that trend continues (depends also on price for Oil). BTE does produce appr 3x the oil ATH does but share price is 35% off its 52-week high. Its actually much closer to its 52-week low than ...more  
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