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 > Big(ish) seller(s) holding the stock down

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Post by BullMan123on Jan 27, 2022 11:54am

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Post# 34366902

Big(ish) seller(s) holding the stock down

The stock price performance over the past little while is showing signs of a large seller weighing on the market and holding the price down. Probably a reloading institutional seller shopping blocks across the brokers and the brokers doing what they do best, holding the price down to find buyers. Short sellers will position ahead of such volume since they can cover when the blocks get shopped. Until this all clears we're not going anywhere regardless of what the fundmentals are. Anyone have access to trading flows that can confirm largish blocks trading hands?

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