Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.


TSX:AOI - Post by User

Comment by firstworldon May 12, 2022 4:19pm
163 Views
Post# 34679306

RE:People and their swings.

RE:People and their swings.

95% of trading volume is algos and HFT.  Its so easy to predict I've been making a killing on predictable AOI swing trade...$560K in last 9 mths. 

I actually caught the bottom a couple of times and sold near peak a few times but most of the time I miss by 10% or so.

I want to hold but the HFT patters are so obvious its too tempting to trade with majot FOMO though.  


Esiiiii wrote:
People and banks really sell down the stock. First up 24% when the vastness ofmvenus was announced, then down the 20% again, so now were just up 4 % since the venus announcement, what I think people dont get is that the oil at venus is superb premium quality, i e if benchmarked probably selling at premium, what I think is that just this premium is worth more than entire market cap for AOIL, just for the 6,18 % in oil prices close to todays oil prices. Prime should be stable, the fields are big and quite stable, dont think there will be issues. I quess its just AOIL and normal swingtrades with elements of market manipulation.


 

<< Previous
Bullboard Posts
Next >>