Post by
Seelow7 on Sep 11, 2023 11:35am
I expect a 20% correction next 6-8 weeks
$ATH will drop so plan to re-enter and/or accumulate again around $3.20 sp. This is not a bad thing. GLTA
Comment by
cre8value4me on Sep 11, 2023 12:42pm
What do base your opinion on?? Guess work................................ as nobody really knows!
Comment by
lovehockey on Sep 11, 2023 12:46pm
Good luck to you. This is somewhat of a brave move now that the oil prices are strong and no indication that we have any spare oil to have the prices ease and ATH is actively purchasing shares as the part of NCIB. Not only that but the SPR is empty and they urgently need extra barrels to increase SPR levels. Again, good luck and hopefully you don't regret.
Comment by
Deutz9170 on Sep 11, 2023 1:35pm
You had to say this last Friday at market open, to have any sort of merit .
Comment by
MLEWICKIMBA on Sep 11, 2023 1:40pm
I've been calling for 4.60. As I called for 3.75.
Comment by
MLEWICKIMBA on Sep 11, 2023 1:45pm
The other fellow isn't accounting for ATH ability to buy back shares, pay debt and maintain cash and finish their capex which will see them produce about the same after the asset sale. 20% fall could come if oil corrects 10 bucks due to oil builds but not expecting that.