Athabasca Oil Corp T.ATH

Someone is very bullish on oil

[BLACKJACK86]

https://www.bnnbloomberg.ca/someone-is-betting-that-oil-will-soar-to-a-record-us-200-a-barrel-1.1659692

[Nothingmatters]

Party time butchhess.... though i dont think it would reach that level. $100 is the top...

[ManitobaCanuck]

Dude, I dont want 100$ spike . I want it slow n steady at 70-80$ for a few years till these guys pay down debt.  Higher Oil prices will push for more drilling and the old Boom n Bust cycle. We need stable prices for a few years to pay down debt to Zero and then begin the Gravy train.

[marquac]

I agree with you 100%.  My big fear with any real big jump in price is that US Shale will lose their religion and OPEC+ will lose discipline.  A more gradual increase should hopefully allow for moderate productions increases to prevent price shocks up or down. 

[MigraineCall]

Agreed. I am not in a hurry at all, as for me it is forced now to be a longer term hold due to taxes. This multi bagger run up this year on several stocks will create a huge capital gains tax problem if sold in the current year. A few of us have had 7 figure gains so far and climbing. It makes sense to hold it over a longer period stretching it over several tax years, selling portions off slowly

[ManitobaCanuck]

Agree my friend. Not going to sell , u just have tax as an issue . The day i book profits , I might have to pay the taxman and a  PARASITE ex who is f****** intentionally underemployed .Just have to hang on for 5-7 yrs till the spousal support n child support ends 

[Maxmoe]

BOO FRICKIN HOO ! A tax bill! Prefer tax losses ? Be happy. Be Very happy!

[masfortuna]

Yes BUT is she pretty?

[ManitobaCanuck]

, witches could be pretty

[masfortuna]

Yes they can be Manitoba BUT if they are pretty, at least you've got that ;) Mas

[ManitobaCanuck]

Lol , Once I am done with with this , in next 5 years ,I am moving to East Europe , Czwch Republic or Hungary  .There are prettier gurls there with less drama . Lol