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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

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Post by bullhorn3 on Apr 14, 2024 8:17am

War

I expect that oil will rise on Monday, but ATH will fall, as will all other stocks, except maybe those companies that produce armaments.
Comment by woodsmen on Apr 14, 2024 10:04am
Yes I agree Oil will have no where to go but up despite what Biden needs and wants.......you see Joe needs to continue with things like China, Inflation, Covid, Demand, interest rates, but this War if it does in fact flare right up it will push Oil higher.   Oil is not only important to the process, pipelines and facilites of each country but Oil is needed to fuel Tanks, Ships, and ...more  
Comment by Torontohomer1 on Apr 14, 2024 11:39am
Think this whole thing was planned to appear as a retaliation but without creating too many waves. Iran saving face without triggering anything too damaging to themselves. Even the timing (on a sat with oil markets closed for two days) I bet was to appease the Americans and not rattle the oil markets. Think a small bump at the start of the week is all we will see. The wild card will be if Isreal ...more  
Comment by bullhorn3 on Apr 15, 2024 9:34am
Well, well, well... I was wrong. Instead of oil rising, it is falling. Instead of stocks dropping, they are rising.... I'll take it!