Athabasca Oil Corp T.ATH

Something is cooking here

[Bombastic2018]

Something might be going on behind scenes with Ath. Huge volume compared to average and up more than peers the few green days. 

what do we think it could be???

[Rscarth]

I think it's just a carry over from Friday news

[smartmoni]

How about a buyout at $6 ? I would take it......looks like something going on allright! Only time will tell.

[Hoover69]

1) The Nuttall effect from Friday (Top Pick) 2) Anticipation of Preliminary Results Release - last year it was released on Feb 2nd fyi

[Relaxrelax]

Probably Nuttall taking a larger position.  He dumped VET, so he probably has a lot of cash on hand.

[Bombastic2018]

Could be. Either Nuttal took a huge position or it is something else. It's not just that they got a good fallout on BNN tho 

[Maxmoe]

He could theoretically buy a few more shares, but not many. He is restricted to less than 10%, at the time of purchase, two different ways. 1] he can't own 10% of the total shares outstanding. So if there are say 572 million outstanding, as reported on s/h, he can't own more than 57.2 million. And that includes every ninepoint fund, and all his personal or family accounts. And he's

[Relaxrelax]

With all do respect, he is only at 7.23%.  To get to 10% he would need to buy millions of shares at $2.75.  I think he's fed up with natural gas stocks so he's probably dumping VET and NVA.  Look for a big change in his ownership of ATH in his next disclosure.  Just my opinion.

[Quickdraw123]

If my app is right about 17 million shares traded today. 

[dandu1924]

the total is 18,829 miilions shares traded with a nice close. Still  3 days left  and we should be over $3  for sure, very nice to watch in my lazyboy.

[cahclick]

  I'm sticking with my guess that the big jump in volume the last 4 days was caused by the rats fleeing the ship. We will find out in a few days when iiroc publishes their month end report. If it turns out to be true, that will be another huge monkey off ATH's back. The shorts also know the "Preliminary 2022" results are about to hit the table and since they are likely to

[cahclick]

Just an update on my post below. The iiroc short report is out for end of January 2023. The number of shares short jumped by 2.4 million to 40.4 million So much for my theory of exiting shorts causing the bump in volume and price last week. :) glta