Athabasca Oil Corp T.ATH

Sellers Beware

[MLEWICKIMBA]

Ath real value 3.05 and when there is movement on the 43.5M USD debt even if its partial, the stock is on its way back to 3.44+....

[cahclick]

  I just checked iiroc short report for end of September. ATH short position increased another million shares in the last two weeks of September to 37+ million shares. I'm looking forward to the day these cats get clipped for their handy work. Nice to see oil up another buck fifty this morning. It will keep upward pressure on ATH so should be another green day. glta longs  

[Maxmoe]

That huge short just makes no sense to me as a traditional naked short. There must be an offset to those shorts. It's got to be connected to the warrants. Long warrants + Short Stock = Locking in sale price of stock after warrants are exercised. Resolution = 1) Exercise warrants by cutting a cheque to ATH and take delivery of shares. 2) Use these new shares to cover the short. Warrant holder

[Maxmoe]

Exactly one year ago today the press release bomb exploded the shorts and the boobird bashers. Hard to believe the 5 day volume weighted trading price a year ago today was $0.9441 per share. To all the BS day trading flippers that yap on this board, no way I believe you made more than 2.59-0.95= 1.64 in PROFITS. Especially after you paid tax on all those genius trades. And there were big gaps you

[Maxmoe]

Also, By The Way, there were warrants issued for 79,450,000 shares with that debt financing. Some have been exercised, no doubt, for cash or shares, but it's conceivable that most or almost the entire short position of 37.6 million shares. It's almost time to start the countdown to the Q3 earnings release and the update on debt,hedges,cash,buybacks,dividends,etc.  All the good stuff.&

[cahclick]

  You've mentioned this before and I hope you're right. A little bit of transparency would go a long way on this issue but it seems the banks and market makers want to remain anonymous and seem to be able to keep the lawmakers and laws such that that they can hide their nefarious activities. Anyway . . . everyone enjoy your turkey or ham it up ! jmo glta  

[MLEWICKIMBA]

Yes agree with you - on Monday 75 days since last update. So we are certainly due for an update on debt. Either way by November 2nd a short 22 days - :( from now we should see a good quarter, and a good October leading up to the earnings report. Increase in cash. I stick with 3.05 this month and 3.45+ after Q3 Earnings Report. The headwinds are inflation reports, job reports and the good ole fed.