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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 > More downside today
View:
Post by GasTrader1 on Jun 05, 2024 10:50am

More downside today

38 mil shares short as of May 15
Comment by CJInvestor on Jun 05, 2024 10:57am
I have found, Gassy, that the more short shares that exist on Ath over the last couple of years, the higher the rebound up effect you guys have on share price in the future. So people like you who short are a godsend to our share price value long term. Thank you for your contribution to my retirement fund. Now a 2 bagger and counting on Ath. Many on here are 5 x and over. Go Ath. 
Comment by GasTrader1 on Jun 05, 2024 11:15am
Good luck and see you at $4
Comment by GasTrader1 on Jun 05, 2024 11:16am
Rtq $4.80
Comment by w8asec on Jun 05, 2024 7:04pm
I can think of 1000 companies that are a better short play than this....companies with no balance sheet, making no money trading at insane multiple.... this has to be a dumb scary short to hold... A company with a strong balance sheet, buying back shares.... just one international insident away from skyrocking oil price surges..... A risk management nightmare.
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