Athabasca Oil Corp T.ATH

Blocked and Hidden on Wealthsimple!

[StockGrinderXL]

I tried to buy shares this morning but got a message that the security is inactive.  Also the stock is hidden from searches as well.  Be careful, this could be GameStop all over again!

[Canyon]

Huh?

[2020oilgamble]

This post has been removed in accordance with Community Policy

[riski]

This is false.  

[Chris007]

Well, ATH's 52 week high is below their 50 cent minimum price threshold. If you're still not seeing the asset, it could mean that it does not meet some of Wealthsimple's requirements. We impose a price constraint of $0.50 per share minimum (based on the 52-week high of the stock) as well as a volume constraint where average daily volume must exceed 50,000 shares. Note that both of

[StockGrinderXL]

Neither of those conditions should have triggered it, which means it must have been manually disabled by the broker.  Can anyone else confirm if they can buy ATH on Wealthsimple?

[Nothingmatters]

Yes you cannot buy it on wealthsimple.

[Chris007]

If in their policy they flat out state that you cannot buy any stocks whose price is not a minimum of 50 cents (based on the stock's 52 week high), what exactly is the mystery? ATH clearly doesn't meet that requirement as of right now. The current 52 week high is 46 cents.

[Maxmoe]

And wtf cares what rinky dinky inc is doing anyway.

[GoldFisher22]

A $0.50 minimum book value might have been a better cut-off. Good luck next week !! GF22

[Chris007]

lol...Its a brokerage, they basically only care about price and volume.