Athabasca Oil Corp T.ATH

Why is sp going down

[Nothingmatters]

When crude prices are going up? Can somebody explain this poor soul?

[mlcb2525]

ATH is not the only one that has shown weakness despite oil heading towards $70. Could be the weak US employment numbers. Despite the high conviction that oil prices could break $80 this has not been matched by an increase in positions in Cnd O&G's. My US plays have performed much better over the last month. The volume for ATH is low so it is possible retail is bailing and in the long-term

[Nothingmatters]

Though I dont think its retail selling. From the looks of it, it is a pre planned selling going on. The ask is relentless.

[ManitobaCanuck]

I assume some general mutual fund/insitiutional investors are dipping thier toes and filling up . Some weak retial investors might be selling. I dont think it would be wise to sell below 2$

[OilManiac]

This will pop soon enough.  Pressure building and market makers getting in places they need to be so a little patience and there will be not stepping in front of this train 

[Maxmoe]

Maybe it's because nothing matters. 

[Nothingmatters]

I have learnt that one should be rich before dishing out phililosophy lessons. On a side note ESI was on fire again lol...

[cahclick]

I bought in mid January this year and I can confirm sp has not gone down.   Patience grasshopper  jmo glta  

[Tartar3]

Same here, february this year, some can't see the possibilities here, only the next trading day or week, but that's what makes a market, however, it will take a few quarterly reports to repair ath stock price, not a few weeks or months, predicated on wti over $60 a barrell, it's only been above $60 for only 3 months so far(1 quarter), unless there's some sort of a black swan, when

[Backinblack1000]

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[Backinblack1000]

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[Maxmoe]

Okay, true story. After a looong period of cajoling my wife, she FINALLY, set up a TFSA. Not because of anything I mentioned for years. Because one of her friends bought a new car with the money she made from lululemon she bought a few years ago. So I helped her pick out 3 names to start with. All done around 3:15 Friday afternoon. That night she wanted to know why she only made a hundred bucks so

[Cougs79]

So $100.00 in 45 minutes. If you maxed out her TFSA that works out 300% if you pro rate it over a year, so I would say that’s pretty good. Very rough and dirty math of course, but you can order that new Tesla pretty soon Oops I mean ICE Lambourgini  Go Ath

[Maxmoe]

Lol, it's all fun and games when everyone is making money. 

[Backinblack1000]

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[Maxmoe]

It's amazing how many households I know where one is a saver, one is a spender. It's about 50\50 male/female from my observation.

[Stockdeals]

Stocks only go up right, lol.  Newb...

[Nothingmatters]

Yeah grandpa. Thank you. What an a**...

[Stockdeals]

Well jr. if you can't handle typical market fluctuation you shouldn't be investing in the stock market...better yet read a book on investing.  Until then save your nickles in your piggy bank.

[Garycook88]

Gotta agree with the Nutbag Nuttall on this one. Once they refinance their debt... assuming 2027 notes... it will lift the stock as they currently can't pay the debt due next year. But.. if the debt is pushed out... like MEG recently did. Then they can service it and pay down over that time. SP can only go up so much until that overhanging news is gone