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.

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Athabasca Oil Corp > Sorry for those who sold

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Comment by riskion Mar 22, 2021 12:49pm

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Post# 32850846

RE:RE:RE:RE:Sorry for those who sold

Ok, thanks for the psychology lesson.

No one should expect to hit the bottoms and tops, that is for sure. But waiting to buy on weakness after a strong run is prudent investing. Patience can pay handsomely.

Renofund wrote:

riski wrote: I think the buy-the-dip celelbration is a little premature. I suspect there will be better buying opportunities in the coming weeks.

Backinblack1000 wrote:

Nothingmatters wrote: At .485 people make mistakes. Imo

Weak hands, stop losses kicked in, and maybe some bought the news....imo....yep.
.Oil rises with Wall Street calling sell-off a chance to buy - BNN Bloomberg
Seems wti is down, but some of the stocks are right where they were at....
so was it a shake down....with wti down $3-4...temporarily.....dunno....
guess some investors...just took shelter...at least it was not one of those minus $32 pricing..imo..glta...

once folks come to terms with the fact they will never time it perfectly by calling a bottom OR a top, they will realize comments like this mean absolutly nothing.