Athabasca Oil Corp T.ATH

Pre-arranged trade of 9.7 mln shares

[lovehockey]

The question is who did this and why? Any information?

[Andyfelter]

Blackjack is correct. Check out triple witching. Bigger volume and stocks historically tend to drop even into the following week. If history repeats itself it tends to be a good buying opportunity. 

[lovehockey]

I have seen such trades before, usually they are followed by 3-4 days of funny trading, nothing out of ordinary, just little different trading patterns than normal. The question here is who did this and why? That can provide some hints in what is happening with the company long term. The amount is just failry significant, not every day you get to see a $51 mln trade within 2 seconds of opening

[cahclick]

  My 2 cents worth is it has absolutely nothing to do with ATH. Just some shareholders doing stuff. GO ATH GO

[smartmoni]

ATH Buying back more shares..... -$ 6 very soon!