RE:RE:RE:RE:RE:RE:Reiterate my buyout target for those who didn’t seeIndeed....but obviously companies do not accumulate such massive tax pools without a massive string of losses over the years.
As such, the share price has definitely been decimated over the years from ipo onwards, to a much greater extent than most Canadian o&g names, through a combination of both dilution and poor operating performance. I mean, jesus, the IPO price was 18 bucks a share in 2010, if anyone can imagine that.
However, yes, of course...obviously, the tax pools have absolutely nothing do with whether someone trades the stock or holds it
Maxmoe wrote: I have that guy on ignore from long ago but I'd point out that the tax losses on the ATH books have absolutely nothing to do with the alleged trading gains or losses of any investor whether they are flippers or holders since the ipo. It is theoretically possible for a company to have tax losses and to never trade below its ipo price. Just as it's possible for a company with no tax losses ever to suffer a 50% drop in the stock price. He's confusing his alleged trading prowess with the annual financials reported by the company and filed by the company with CRA. He may also be exaggerating his trading a little , LOL.
Chris007 wrote: Indeed...the keyword here is "traded"...as a long term "investment", its obviously been a diaster, as per the massive tax pools
bdeparde wrote: I've traded it since the IPO flopped. I think I've always made money.
Chris007 wrote: Yup. There has definitely been a crapload of capital destruction over the years in regard to ATH.
Definitely would have been a harrowing experience to own the stock over the course of the previous 10-15 years.
That being said, if you managed to get in the last year or so, its been a nice ride.
ComradeKomissar wrote: LOL: ATH has a "tax pool" coverage so YUGE(18x) RBC Capital Markets couldn't fit it in this chart.