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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 > Capitulation ongoing
View:
Post by BLACKJACK86 on Jul 06, 2022 10:53am

Capitulation ongoing

I would not be surprised if we finish in the green or at least close
Comment by Maxmoe on Jul 06, 2022 10:59am
This too shall pass. But I admire your optimism.
Comment by Franklin80 on Jul 06, 2022 11:00am
I bought some just few minutes ago at 1.95 GLMA
Comment by Maxmoe on Jul 06, 2022 11:04am
I'm still counting down to Q2 report and update. Wouldn't it be ironic if they hedged the rest of the year when oil was $120 after all the beatings about being forced to hedge by the bondholders? Wont matter, just like it didn't matter with hedges at 70,80,85,90.  But it would be funny. 
Comment by Maxmoe on Jul 06, 2022 11:12am
Good luck to all you traders. Shorty, hang in there, I'm sure you'll get crushed by your greed eventually. I'm sticking with the long term investment I made 2 years ago. Back then everything, and I mean everything, had to go right for the stock to double. Now, all it takes is for everything, and I mean everything, not to go wrong. In the meantime, enjoy the summer weather.
Comment by ComradeKomissar on Jul 06, 2022 8:46pm
But we know what the report numbers will say. Perhaps, we are waiting for guidance? That one is far trickier.
Comment by Moneyloop on Jul 06, 2022 11:00am
Had the same thought ! I just got back in @ 1.96 $..... I'm thinging,there is more up side then the down side.... We're not in a recession as of now...So the fear factor has to stop at some point.... Hope I'm right..... 
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