Athabasca Oil Corp T.ATH

Overseas gains, US Bearishness

[smallcaptdr]

Once again the US is trading below 9:30am opening handed over by overseas who seem to believe Russia and China but the US isn't adding to Oil prices over the last couple of days pushing down overseas prices but being Friday before the holidays there's not a lot of traders and volume is lower. We'll know in 5 days if Oil will be over $80 or below but one thing is for sure we are closer to $70 low than we are at $90 and I can't see Oil hitting $100 during a global recession unless something drastic happens so we roll with the punches and trade with the times and as far as ATH they have been hurting with no signs of Keystone opening and their Q4 will show what was lost and I'm thinking $50Mil is being conservative and they have been storing Oil and their storage which only holds a month of Oil so this is all guesses how bad they will be hit but their SP is rallying by idiots ATH is in trouble and every day that passes get worse and I wouldnt pay more than $2 for ATH because on top of losing money they are Oil Sand producers and we all know that the cost of production is close to $40 a barrel so Oil in the $50 they're going broke and $60 Oil keeps the lights on and $70 Oil isnt much better so stick with BTE and CPG safe money.. Good luck to everyone who will be holding shares over the holidays.

[GambinoB]

I felt offended this was a very bullying post Espxecially the line calling me an idiot right I quote "their SP is rallying by idiots ATH is in trouble and every day that passes get worse "