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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 > I took a chance buying yesterday
View:
Post by StatusQuo on Mar 21, 2023 12:10pm

I took a chance buying yesterday

cant believe I'm in the money but time to sell ahead of fed
Comment by smartmoni on Mar 21, 2023 1:55pm
If the feds mention anything about pausing tomorrow, you will be leaving alot of $$$ in the table! Iam still guessing a .25 pt hike aling with a pause statement for the future. All commodities including oil will skyrocket....lets see how this will play out....
Comment by TheWokeLemming on Mar 21, 2023 6:56pm
Completely agree.  Odds of a 50 bps increase are zero!  Market has prices it 25 bps so if that materializes it's not a market mover.  However, some believe the FED does NOTHING.  If that happens, everything jumps.   My opinion only. 
Comment by Deutz9170 on Mar 21, 2023 7:54pm
If the banks can cash in their bonds to the Fed at face value. That would mean the problem that started the crisis is over.  This is a massive amount of money, being issued to bailout out the banks.  An argument can be made that the Fed does hike 50 points to control inflation and be able to back stop,  all the fallout with this newest bailout.  
Comment by ziggy1410 on Mar 21, 2023 10:05pm
Raising interest rates this quickly was just reckless...The quote was to raise rates until something cracks...I think tomorrow Jerome will slow down.....
Comment by TheWokeLemming on Mar 22, 2023 4:52pm
LOL.  Your crystal ball is broken.   You can borrow mine if you need.  
Comment by cahclick on Mar 22, 2023 6:45pm
  Or I can trade you for my clock if you'd prefer
Comment by Canyon on Mar 22, 2023 2:44pm
I took a chance holding since 19 cents and continue to do do.
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