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 > Perfect for Daytrading

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Comment by Dibah420on Jan 21, 2024 3:45pm

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Post# 35838093

RE:RE:RE:RE:Perfect for Daytrading

CJInvestor wrote: I have patiently held my 120k shares at 1.87 average and for me that strgategy has worked above all the daily noisy markets. Ath is a dream stock for buy and hold. I won't part with one share until 6.50. That's my goal. There. I shared my winning trade. Point being: many stocks present a day trade and a buy and hold strategy.

Congratulations on your timely investment. But after all is said and done it is a stock that is linked to a commodity. "A dream buy and hold stock" could be a risky proclivity. There are plenty of big fish in the basket of past the best date. GE, GM, YLO, Enron etc etc.
Cheers

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