Bullboard - Stock Discussion Forum 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... see more

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TSX:ATH - Post Discussion

Athabasca Oil Corp > Not So Fast

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Post by Duster340 on Jan 26, 2021 6:20pm

Not So Fast

The official government report due Wednesday is expected to show weekly U.S. crude supplies increased by about 430,000 barrels last week.

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Comment by ManitobaCanuck on Jan 26, 2021 7:23pm

Ok my friend , lets wait for that too . But let me forewarn you , its not a good time to short as losses can be infinite , look at hedge funds getting blown over by the retail army . Canadians are sitting on record amount of cash and as soon as oil prices tease up a bit ,we will see a avalanche of money into O&G . Already Nutsac spoke about ever increasing flows in his fund and finding ...more

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Comment by 2020oilgamble on Jan 26, 2021 8:30pm

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Comment by Backinblack1000 on Jan 26, 2021 9:05pm

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Comment by fellowship on Jan 26, 2021 9:30pm

The $GME story making waves. Naked shorting similar with what happened here...same tactics... https://rebelmarkets.substack.com/p/the-market-is-a-meme https://preview.redd.it/yht0xbs71qd61.jpg?width=768&format=pjpg&auto=webp&s=26cfc80775814240f83f864d64c4b80525c1a262 “Melvin Capital, to file bankruptcy as soon as next week according to sources. The bailout they received yesterday ...more

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Comment by mlcb2525 on Jan 27, 2021 12:41am

Yes not so fast, since your spreading rumors I heard a Reddit Team has been formed to target ATH shorts, Whoops. API will be a big draw due to exports that had been pushed out a week (which explained last weeks build).

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Comment by ManitobaCanuck on Jan 27, 2021 1:13am

Exactly , INFINITE losses on shorting . Gamestop is above 209 in after hours .A few friends made a good few million . Short Hedge fund managers will be jumping off wall street skyscrapers soon . Enough of those guys stealing assets on cheap. We will see this soon come over to O& G in a few months .

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Comment by Godzillaman on Jan 27, 2021 12:01pm

Is that a build of 430,000 after the draw of 9,900,000 bbls EIA put out? United States Crude Oil Inventories (investing.com)

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Comment by 2020oilgamble on Jan 27, 2021 12:03pm

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Comment by BLACKJACK86 on Jan 27, 2021 12:04pm

430000 was the forecast

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Comment by Godzillaman on Jan 27, 2021 12:13pm

Lol, yep sure was...... actual was Jan 27, 2021 10:30 -9.910M 0.430M 4.351M Jan 22, 2021 11:00 4.351M -1.167M -3.247M Jan 13, 2021 10:30 -3.247M -2.266M -8.010M Jan 06, 2021 10:30 ...more

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Comment by ManitobaCanuck on Jan 27, 2021 12:28pm

To my friend Duster who did not take my advise . Shorting in this market= Infinite losses . There is a reddit chain on for athabasca now as someone else pointed out. This link below is specially for you in Desi Style h

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