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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 > holding Long
View:
Post by MrICE on Nov 10, 2021 7:06pm

holding Long

Wow one down day and board turns negative.
If your a day trader good for you move on , if your a investor what are you thinking.
I grabbed as much as i could end of day .

Few reasons for down day:

1) yesterdays 5 cent run up last seconds of the day didn't really count. should have closed       @1.50  

2) oil prices down due to inflation numbers from US not from demand issues

3) All oil stocks down partly sentiment .

4) last second dump 

5) scaredy-cats 

Fundamentals are in tact and get better evrey day with oil over $70 not to mention  $80
Comment by JrOGInvestor on Nov 10, 2021 8:36pm
Totally agree! Just need the US to empty the reserve tanks from their upcoming biggest travel weekend of the year and a cold winter and we will be soaring!
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