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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 > Is Gear the next Ath on the sell list
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Post by NWOntario on Jan 30, 2022 7:32am

Is Gear the next Ath on the sell list

We can now watch to see if Gear is next on the Nuttall sell list. In my opinion he helps drive the stocks that are discussed, Ath by email at the beginning of the show, I don't think he actually addressed the question, he new the question was coming and addressed his position and new view when no actual facts changed from the time it was a top pick to the next show where it was still good to the next show where the upside targets he used were no longer correct even though the hedges and facts did not change.

He has allowed Gear on the show twice now in a row, as a Gear shareholder I know we went 3-6 months without even a mention. (I didn't bother to research the number of months but as a shareholder I was continually surprised).

Of course it's speculation and means nothing but let's see if Gear comes under heavy selling pressure very soon as it makes a run. This is just purely a tool to measure Eric's possible moves which are fine, I just want to gauge timing of moves and how he might be using Market Call as a tool to sell at the highs where he takes his followers cash with a smile and moves on to the next. Again, that's fine if followers want to keep buying at the highs and lose some cash if they truly want to hold as an investor vs a trader like Eric.

We are all adults so again, Eric is doing well but runs the risk of losing the loyal oil bulls.
Comment by CandyC on Jan 30, 2022 10:39am
I doubt he will be selling Gear. He may have to trim if it goes greater than his 9.9%. Anyone selling Gear at this point might be foolish. They will be debt free in the next couple of months and bringing on more barrels. He has mentioned them on every Market Call last year
Comment by Oil2018 on Jan 30, 2022 11:45am
I deem a company that is debt free with better share price appreciation is likely a better investment than ath. I'm waiting for results and if nothing impresses me I'm spreading out my 265k shares of ath into others I cannot afford to miss out on gains in 2022. My thinking..I could be wrong.
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