Bullboard - Stock Discussion Forum AKITA Drilling Ltd T.AKT.B

Primary Symbol: T.AKT.A Alternate Symbol(s): AKTAF

Energy Oil & Gas Drilling

AKITA Drilling Ltd. provides contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and... see more

TSX:AKT.A - Post Discussion

AKITA Drilling Ltd > Doubling or more within 12 months

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Post by lifeisgood1010 on Mar 01, 2024 2:42pm

Doubling or more within 12 months

The mind as a funny way of working when it comes to investing.

When a stock is dirt cheap, investors thinks that there must be something wrong with the company.

At the opposite, when it appreciate in value, they almost trip over themself to buy.

Most are not properly wired to make big gains in the stock market.They let their emotions take over.

Akita's 12 month high is $1.99 witch is not that far.Once we get over $2, you

will see volume swelling and even more when it goes over Nov. 2022 high of $2.17.

If you look at a 5 year chart, you will noticed that the stock is basing and has higher lows
since 2020.I have put below the 5, 10 and 30 year charts.

Nice weekend to all