Athabasca Oil Corp T.ATH

As I said yesterday, last day under a $1 forever

[bosstrade]

Huge draw, eia will confirm, OPEC doesn't want the arty to end. Resistance at a $1 will break Friday or today and we will see a climb again. Still can't beige this hasn't been taken out, but its good everyday that it isn't. Investors in all sectors are turning to what is the valuation now. Not 5 yrs. In oil, a dividend is now a requirement not an option.

[riski]

This was a bad call too.  What happened to bosstrade?  He was so sure about the value here.  He predicted June 29 to be the last day it trades under $1.  Yet he seems to have sold out?  Or maybe on vacation?

[bosstrade]

Sorry, been on holidays back and forth. Yup, thought we would have left a $1 in the rear view mirror long ago and still think a dividend is now a requirement for all oil stocks. And I am still shocked this hasn't been taken out.  I'm a business owner and live by fundamentals. Oil is a speculative, manipulative machine, where fundamentals are not valued as much as most business

[riski]

That's fair.  And I don't mean to specifically single anyone out as much as make a point about prediction and timing.  I am confident in this trade as well.  But that means looking a couple years down the road.  Short term is a guessing game which makes the timing difficult.  If someone bought at $1 and is frustrated, they will still likely do well, but not as well