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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 > My $2 pesos
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Post by cahclick on Apr 02, 2024 11:47am

My $2 pesos

I kinda think the last few trading sessions suggest somebody's unloading a big position while oil is green and would otherwise give a boost to share price.

SP keeps moving from green to red to green. To me it suggests somebody's unloading a big position and trying not to crush the price by doing a big dump.

If my hunch is true, the SP should see a jump up as soon as the position is unloaded.

Just me wildazz guess

go ATH go
Comment by CJInvestor on Apr 02, 2024 11:57am
Agree and we have seen these days before. Could be EN but regardless once the holder is done liquidating their huge position we will move up once again. 
Comment by uwebb429 on Apr 02, 2024 12:36pm
Eric Nuttall just confirmed on BNN that they have exited their position in ATH.
Comment by smartmoni on Apr 02, 2024 1:08pm
He has sold out in the past and admitted it was a huge mistake.....he then bought back in and again made a boat load of $$$. This sounds like round 3 to bring the price down quicker so he can buy, once again on the cheap and go for another double. ATH is the most solid Cdn. Oil stock in play. Eric is a smart player...he knows how to make some serious cash! BUY the DIPS people....Oil is is rocking ...more  
Comment by Mackthenife on Apr 02, 2024 1:18pm
. He made his clients 120m on ATH , but buying 50 m @ .18 should have made him 250m. Buying and selling a couple times cost him quite a bit. But all in all he did very well for his clients.
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