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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 > Nothing has changed from a couple weeks ago for ATH
View:
Post by CJInvestor on Apr 03, 2024 10:55am

Nothing has changed from a couple weeks ago for ATH

This is just games by shorties and fearful retail investors. The company fundamentals have not changed so this weakness is just smoke and mirrors trading.
Comment by BLACKJACK86 on Apr 03, 2024 11:24am
it's a bit normal that when your biggest investor bail out , some investors tend to follow, that's what we saw yesterday. Wouldn't it be fun to get a hostile takeover now ....  lol That one reason I won't bail anytime soon .  
Comment by Moneyloop on Apr 03, 2024 12:14pm
The 5.05$ level is telling , if it breaks that resistance , with conviction for the short-term. As for going long, doesn't really matter. The company is doing the right moves. It is discouraging seeing WTI rising and having E.N dumping at this point in time. 
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