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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Energy Oil & Gas E&P
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 Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Athabasca Oil Corp > FAMED Short Seller Andrew Left Has A "JESUS" Moment !!!
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Comment by fellowshipon Jan 29, 2021 2:59pm
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Post# 32422365

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FAMED Short Seller Andrew Left Has A "JESUS" Moment !!!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FAMED Short Seller Andrew Left Has A "JESUS" Moment !!! Yes, I agree $300 is not realistic, but the hedge funds were justifying their actions because of lack of value. There are examples where a company starts selling their assets (offices or land properties) to become lean and use the cash proceeds to finance their business. They can even restructure their business which I think GME is doing with online gaming.  The value of the company is not in the stock price for sure - so then dont allow these talking heads driving the stock price because it does not fit their agenda...is unacceptable. 
We have similar case with O&G stocks someone decided that there is no value and they should short the stocks...

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