Athabasca Oil Corp T.ATH

You guy are missing the big point

[old_dog]

It's not what the company is priced at today...or tomorrow.....and it's not where oil will in 6 months.....while they're all nice talking points...the real point of interest is how much product they are hedging forward......Are they doing 1% a day or 3% a day at current rates and for how far out.

Athabaskan has been very good in their hedging programs and for the most part never really given credit for that in the market place.....a year from now this could be a $2.85 to $3.30 stock....at 60 cents it's so undervalued and deep in the "stocks to buy list" that it's on the radar but still off the buy radar by most folks....have some patience....give it time....if memory serves me right they can make money even at $27.00 for WCS .....

So I suspect a bit of a slog getting past $1.00 but then a nice little run to $2.00 and from there on in it's just time for higher levels...

Patience.....long and staying long

old_dog

[2020oilgamble]

This post has been removed in accordance with Community Policy

[Hendrick3]

Athabasca has already had a fabulous run so it sitting still for a few days is expected. It seems the oil companies are taking turns flying upward and if you could predict which ones you could make a fortune. Yesterday a number of the Cardium players had double digit days such as IPO, YGR and BNE but this stocks were sitting still while ATH was flying up from 35 cents to 60 cents. In general there

[CLOUDER]

STAGNATE? NO guys,this is a twisted time,a market that is being INFLATTED,oil is being inflated to prop up this abomination of a market, this will not stop, it will just get more and more ...well. YOU all should go and watch greg manarinos youtube posts ,he has a lot of the pieces of the puzzle.  THIS is NOT normal times,this is going to end very badly , and allways remember ,the FED is NOT

[riski]

I don't think it's mispriced.  It certainly was a couple of weeks ago, but now the price is about right given the upside and risk.  ATH remains highly leveraged to the price of oil.  They will do ok if oil goes sideways from here, but the debt will hang regardless of refinancing leaving it in the 0.5-0.6 range.  They will be in good shape at oil above WTI $70 and could