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 > iiroc short report

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Post by cahclick on Jun 21, 2022 8:52am

iiroc short report

Short position on ATH went down 2.7 million shares between May 31 and June 15 and stood at 39.7 million shares at June 15.

Welcome to Summer !

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Comment by ComradeKomissar on Jun 21, 2022 10:01am

All that rip up to an almost 10 year high, and all shorty does is cover 6%? They do have quite the conviction.

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Comment by Maxmoe on Jun 21, 2022 10:45am

It's only "alleged" thus far. The conviction will follow a trial.

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Comment by Maxmoe on Jun 21, 2022 12:31pm

So I know two guys very motivated to get Ath back over $3 and keep it there. Broen and Matt had insider option exercises recently north if $3. I smell buybacks starting as soon as their debt covenants allow. This year for sure. Forget drill drill drill for now

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Comment by newtonboy on Jun 21, 2022 7:55pm

Lets not lose sight of the fact that on Friiday (June 17) over 60 million shares traded hands. We will have to wait til the next short report to confirm how many were shorts covering, unless someone has access to this info. My guess would be lots.

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Athabasca Oil Corp