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 > Eric out of ATH, so what?

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Comment by Maxmoeon Dec 07, 2021 12:13am

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Post# 34204960

RE:RE:RE:RE:RE:RE:RE:Eric out of ATH, so what?

I'm not convinced yet. Keep posting. Either you are purposely obtuse, or you're smart like bus. As tweedle Dee , Andrew bell pointed out Eric is their most popular guest these days. Nobody wants him to have the same top 3 picks every time he shows up. He doesn't, Andy doesn't, the producers in the control room don't, and the viewers don't. But you do? It's just a tv show. Keep up this analysis and you'll never make it to Arizona. You're gonna listen to bugs bunny and make the wrong turn in Albuquerque and end up on a Mormon commune in Utah.

arizonabound wrote:
LOL. You guys defending his obvious pumping is hilarious. In less than one month ATH went from his Top Pick to not even top 3, and the price was basically the same Friday as it was Nov 5 when he made the original call. What disappoints me is how BNN doesn't call him out on it.

JMHO
AB

Maxmoe wrote: This is very true, and his internal restrictions prevent him from buying any more shares if it puts him over 10% of the company. He owns about 9.9% of ATH, so he's capped out. In fact, if ATH were to buy back 10% of its stock, Eric would be forced to file as an insider, or sell to stay under 10%. A great "problem" to have. Yes Money is pouring into his fund, and he can't buy any more ATH , even if he really wanted to. His other , internal, 10% restriction is he can not have more than 10% of his fund in any stock at the time of his purchase. If it goes over 10% because the fund shrinks and/or the stock outperforms the rest of the fund, he isn't required to take it back below 10% of his fund, but prudence would dictate he do so if it goes too far over. This restriction is regardless of the % of the company he owns. So, for example he can not own 1% of CNQ, because that would be 50% of his entire fund.

elducky wrote: He may not have sold any, all we know is it's not in the top 10. Could have gone from 10th to 11th by just buying more of other companies. Money is coming in to his fund, so he has to buy something. He already has a lot of ATH.