Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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

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Athabasca Oil Corp > Wouldn’t want to be short

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Post by MrICE on Jan 11, 2022 11:45am

Wouldn’t want to be short

At some point those shorts must cover. Don't think they have yet.

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Comment by Maxmoe on Jan 11, 2022 1:53pm

WCS 52 week and 5 year high was 69.27 last Oct 20th as per Bloomberg. We are less than a buck from that high and have strongly outperformed wti of late. All the CDN O&G names are still pricing in a big drop in oil prices. Ie bargoons. Ath is at or near the top of my list of undervalued companies likely to get snapped up. Any shorts are now experiencing an atomic wedgie. Nothing lasts forever ...more

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Comment by Rational43 on Jan 11, 2022 2:37pm

No, the shorts aren't hurting yet. They ain't see bad yet. But its coming.

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Comment by Maxmoe on Jan 11, 2022 3:06pm

All hail king Eric. He’s on BNN right now.

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Comment by Maxmoe on Jan 11, 2022 3:13pm

The shorts are up over their ears in an atomic wedgie.

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Comment by MrICE on Jan 11, 2022 3:33pm

Shorts will give a big push down end of day. hopefully we can hold this up. Would be a go starting point tomorrow

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Comment by Rational43 on Jan 11, 2022 7:23pm

Nah, the shorts are probably still adding to their position, as witnessed by the drop end of day. That's the great part, they're in a hole and still digging hard.

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