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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 > What is happening
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Post by Franklin80 on Nov 08, 2023 12:14pm

What is happening

Any thoughts for today ATH nose dive?Any bad news came out for ATH?

GLTA
Comment by uwebb429 on Nov 08, 2023 3:16pm
It is not just an ATH thing. Oil and gas stocks are being slaughtered across the board this week. ATH has been one of the top performing stocks this year. When stocks go up, up, up, there is more room for them to fall back down, down, down.  Click on the % heading to organize this stock list. You will see the ATH retreat is leading the pack down.  https://www.theglobeandmail.com ...more  
Comment by OGInvest0r on Nov 08, 2023 3:18pm
Well said. 
Comment by cahclick on Nov 08, 2023 4:23pm
  I heard Jimmy1page decided to sell out and he flooded the market. On another note . . . I remember back when ATH finally made it to $3.50 and then in the following months it fell back to $2.50 before proceeding to $4.50. Today is just more of the ying and yang. ATH is a one SKU company with lots and lots of players messing with the sale price of their product. Keep the faith, it ...more  
Comment by Maxmoe on Nov 08, 2023 5:25pm
Lol. Poor ole jimmy. This check back move has been a regular event for years at many levels with howls of protest every time. One of these times it will actually be "the top" has passed but I don't think it's this time. It's like a negative yield curve. It's predicted 17 out of the last 3 recessions. Or something like that. Cheers. 
Comment by Jimmy1page on Nov 08, 2023 5:44pm
Bought in at 2 bucks after selling my stake in cve, bte and cpg. I'll be retired in three years. Don't worry about me, gramps
Comment by OGInvest0r on Nov 08, 2023 6:37pm
Wow you echo my thoughts exactly. It was just 440 end of September. Nothing has changed. In fact the balance sheet is cleaner leaner and meaner sincer earnings. Buybacks proceeding right on schedule. Now they can buy even more shares for the same cash. Eventually we rise past 450 and this is a small blip on the yearly Ath chart. Look at all the blips like this for ath on google charts. Sure they ...more  
Comment by Franklin80 on Nov 08, 2023 6:49pm
I have kept buying ATH in this 3,4 years, today as drop made me wonder that the engery cycle maybe finish? I remembered Joe Biden did say he want to start buy Strategic Petroleum Reserve (SPR) at $79. Maybe this why the oil be hammered these days GLTA
Comment by Jimmy1page on Nov 09, 2023 2:35am
I was 100% right at 4.30, in real time. Just sayn
Comment by Maxmoe on Nov 09, 2023 11:00am
Of course you were  it's called stopped watch syndrome. If you make the same negative comment every day or every 10 cent increase eventually there will be a correction and your awesome genius will shine through. So you bought at $2, never sold or made negative projections until the stock hit 4.30? That what you're sayin? LOL. Like a really bad economist , who predicted 12 of last 2 ...more  
Comment by Jimmy1page on Nov 09, 2023 11:35am
I don't day trade. 
Comment by dandu1924 on Nov 09, 2023 11:41am
May be a pennies  flipper ? sounds like
Comment by Jimmy1page on Nov 09, 2023 12:10pm
Sorry if I hurt anyone's feewings
Comment by Deutz9170 on Nov 09, 2023 1:48pm
I suppose you were right  with your 4. 30 call. Good job!  Now time for mine.  In six hours from this now, the sky will be black.
Comment by cahclick on Nov 09, 2023 8:49pm
  Like my broken clock. Its deadly accurate to the millisecond twice a day. go ath go
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