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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

TSX:ATH - Post Discussion

Athabasca Oil Corp > BTE shook off washtraders - ATH will soon too
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Post by lovehockey on Sep 14, 2021 12:56pm

BTE shook off washtraders - ATH will soon too

ATH and BTE had pretty much the same patters for 2 years, washtraders constantly attacked it. About a month ago I noticed that BTE trading patterns got much healthier, volumes have gone up. The same change is coming to ATH in the next several months. When that happens, watch out.
Comment by Nothingmatters on Sep 14, 2021 1:01pm
Unlike you I dont know about wash trading, what I know is people have gained a lot more confidence on bte due to its Clearwater prospects...Once refinancing is finalized, some vote of confidence would be seen here as well. Imo
Comment by lovehockey on Sep 14, 2021 1:21pm
You are right, a certain event is needed in order to overcome low interest from investors. it could be jump in oil price or in case of Ath it is very likely to be refinancing news. That will bring new investors, volumes will go up and it becomes almost impossible to washtrade without significant loss of shares.
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