Athabasca Oil Corp T.ATH

All about the NCIB

[Maxmoe]

Flippers get taken out every time they sell now. They have to pay up to play. Poor shorty can't buy stock either. The NCIB is finally gaining traction as the debt warrants are chewed through. Weak oil doesn't matter much when the underlying assets are still so undervalued. Solid q2. All that free cash flow, what's a board to do? Just avoid stupid like baytex did. Twice. I bet Eric wishes he didn't switch. He did okay. 18 cents to $5. But he'll miss the next double to $10 and overpaid on the btc. While he's on the "all boats raise" , Ath will just keep steaming away.

[woodsmen]

 Eric bought at .18 cents yes...... He sold at a $1.32 in April of 2022 and the stock continued to rally up to the  $2.60 - $2.80 range where he bought into ATH again.. So from $2.60ish where he bought it again he then sold it through the month of March in 2024 for $5ish...........   So yes Eric bought at 0.18 cents but sold at $1.32 in the year 2022 Eric bought again at $2

[Jimmy1page]

That would make sense. I originally bought baytex at .66 cents. Cenovus at 4.11, can't remember what i got Cresent point at. I bought athabasca at 2 bucks. I didn't really know anything until I found stockhouse and started following you guys. I think E.N knows less. He understands numbers but I don't think he's a great investor.

[Maxmoe]

Nope. Not that I recall, and not based on sedar filings unless he was out and back in within 6 months. He owned Ath at june and Dec 2021, and June and dec 2022. At June 30,2022 he owned 45 million shares. His % of his fund dropped because his fund grew massively. It even slipped out of the top 10 holdings briefly at June 30,2022 to #11, so it may have looked like he sold. It slipped out of the top

[woodsmen]

Watch the old BNN clips with Nuttal on Marketcall. I've posted them multiple times, or just watch the latest July 10/2024 he clearly says again right at the start that "we sold it we bought it back" "we sold it now people been waiting for this proclamation we've bought it back. So definitely he hasn't done as well as you Max or 90% of the people on this board including

[CJInvestor]

Exactly why he's lost almost all credibly in my eyes. I stopped following him the day he said he sold ATH and gave it a 5.50 one year target on BNN. What a bum. 

[Maxmoe]

Time will tell. So far I wouldn't say he's been dead wrong. But I'd bet he's already reconsidering. I expect it will be a top performer. Again. Or still.  His dilemma is his success has made buying 10-15 names for his entire fund impossible with just small and mid caps like he did in 2021. He has no choice but to buy large caps now. I sold my baytex as soon as they announced