Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 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

Comment by Chris007on Mar 08, 2021 11:11pm
157 Views
Post# 32749801

RE:RE:RE:Finally shorts getting screwed over !!!

RE:RE:RE:Finally shorts getting screwed over !!!This primarily has to do with selling/writing naked options. I guess, it will have an effect on big leveraged bets in either direction, but as for the shorting on actual stock, it really doesn't do anything.

That being said, i think its a postive that leveraged speculation will become more scrutinized/expensive.

fellowship wrote:
Chris007 wrote: How exactly does it "screw the shorts"? it really doesn't have anything to do with restricting the shorting of stocks, but rather beefed up regulation of liquidity requirements in regard to options settlement

You can see the actual docs on dtcc website: https://www.dtcc.com/legal/sec-rule-filings.aspx

NSCC-2021-002

If anything, i guess, it will make brokers more stringent in regard liquidty requirements and leverage long or short


Liquidity is the main goal here like you said and also the avoidance of covering by adding 
an extra layer of daily checking. So if you are not liquid enough you cannot hold your short position because SEC is gonna getcha. 


<< Previous
Bullboard Posts
Next >>