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 > I was actually impress

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Comment by Nothingmatterson Jul 20, 2021 2:47am

228 Views

Post# 33573949

RE:RE:RE:RE:RE:RE:I was actually impress

I havent sold a single share. Just bought with my tiny money. I bought sgy, obe and bte at recent high. But somehow I am not worried, though I have been grumpy the whole day/week to be honest..could not apply myself at work. but then I count my blessings and the feeling passes away...

Chris007 wrote: Formula for Calculating Percentage Gain or Loss

Investment percentage gain/loss = Price Sold (or current price in this case) - Price bought (52 week high in this case)/ Price bought (52 week high)

x 100

https://www.investopedia.com/ask/answers/how-do-you-calculate-percentage-gain-or-loss-investment/

But yeah, hopefully tomorrow is a better day. Thank god, I cashed out of most of my OBE last week. That stock is a momentum traders dream, with 74m shares outstanding... the volatility on that one is insane. Basically ran 150% from end of may to early july...then crashed 37% with the oil price correction

Nothingmatters wrote: I was actually calculating the gain required to cover up the loss ...that's brutal but soon will be behind us. Oil is only going in one direction that is up...

Nothingmatters wrote: You are dividing by a higher denominator. I divided by the price they are now. For example Ath .25.75X100 =around 33%