Cardinal Energy Ltd (Alberta) T.CJ

Trading Totals for the 7 million covered

[traderlong2]

Here are the totals for trading for the last 2 short periods may 15th to June 15th
7 million shares covered that were short

House Positions for C:CJ from 20200515 to 20200615

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	5,836,273	3,716,156	0.637	4,641,161	2,854,692	0.615	1,195,112	-861,464
9 BMO Nesbitt	2,166,193	1,286,856	0.594	1,341,254	827,115	0.617	824,939	-459,741
2 RBC	3,496,151	2,194,260	0.628	3,013,551	1,849,798	0.614	482,600	-344,462
85 Scotia	1,577,899	955,812	0.606	1,209,741	741,160	0.613	368,158	-214,652
13 Instinet	2,157,797	1,415,844	0.656	1,912,944	1,326,951	0.694	244,853	-88,893
82 Stifel Nicholas	256,500	169,932	0.663	50,000	31,000	0.62	206,500	-138,932
39 Merrill Lynch	244,918	131,666	0.538	45,746	23,513	0.514	199,172	-108,153
14 ITG	203,153	105,141	0.518	24,253	12,280	0.506	178,900	-92,861
19 Desjardins	659,009	431,552	0.655	492,394	326,178	0.662	166,615	-105,374
77 Peters	150,000	78,000	0.52	0			150,000	-78,000
57 Interactive	149,783	86,571	0.578	42,693	23,591	0.553	107,090	-62,980
33 Canaccord	609,647	403,737	0.662	524,708	354,504	0.676	84,939	-49,233
124 Questrade	448,883	288,779	0.643	389,915	238,552	0.612	58,968	-50,227
53 Morgan Stanley	67,000	36,986	0.552	24,650	12,723	0.516	42,350	-24,263
74 GMP	50,500	31,570	0.625	8,985	5,591	0.622	41,515	-25,979
25 Odlum	75,000	44,900	0.599	34,250	18,316	0.535	40,750	-26,584
88 Credential	157,905	99,521	0.63	120,889	68,432	0.566	37,016	-31,089
143 Pershing	44,720	26,982	0.603	16,150	10,941	0.677	28,570	-16,041
89 Raymond James	82,534	57,015	0.691	62,088	33,803	0.544	20,446	-23,212
62 Haywood	25,000	20,400	0.816	17,016	13,071	0.768	7,984	-7,329
28 BBS	123,430	82,465	0.668	120,000	80,725	0.673	3,430	-1,740
101 SG Capital	11,800	8,045	0.682	12,850	9,711	0.756	-1,050	1,666
48 Laurentian	1,800	1,530	0.85	6,000	3,000	0.50	-4,200	1,470
15 UBS	0			5,920	2,920	0.493	-5,920	2,920
72 Credit Suisse	1,000	630	0.63	17,693	11,427	0.646	-16,693	10,797
70 Manulife	0			19,480	10,349	0.531	-19,480	10,349
76 Industrial Alliance	4,000	3,160	0.79	32,296	18,442	0.571	-28,296	15,282
59 PI	72,000	52,175	0.725	117,300	73,245	0.624	-45,300	21,070
5 Penson	354,050	218,750	0.618	407,731	258,545	0.634	-53,681	39,795
22 Fidelity	11,000	7,380	0.671	76,200	54,770	0.719	-65,200	47,390
8 Eight	1,702,467	902,307	0.53	1,836,467	973,327	0.53	-134,000	71,020
18 Echelon	95,000	66,500	0.70	240,000	181,040	0.754	-145,000	114,540
80 National Bank	4,448,579	2,332,096	0.524	4,937,170	2,508,219	0.508	-488,591	176,123
1 Anonymous	5,492,320	3,283,750	0.598	7,164,398	4,239,649	0.592	-1,672,078	955,899
79 CIBC	3,719,330	2,322,026	0.624	5,529,748	3,664,929	0.663	-1,810,418	1,342,903
TOTAL	34,495,641	20,862,494	0.605	34,495,641	20,862,509	0.605	0	15

[JohnBP1]

Just dont understand after all the good news (some of it), that the stock drops 12.5%...   Roll on Monday...

[Cersy83]

Eric Nuttall rated it a "Don't buy" on Market Call yesterday so that likely had a big part in the drop. 

[JohnFriesen]

This post has been removed in accordance with Community Policy

[CDNdollars4me]

This post has been removed in accordance with Community Policy

[Cersy83]

DON'T BUY   June 19, 2020   Hide full opinion Light production? It struggles for relevance in the market as a medium to medium-light oil producer. They cut the dividend to zero to de-lever. They purchased old oil fields, but with the higher operating costs and higher risk for environmental

[traderlong2]

IF you are following Eric's advise I am sure you will soon have nothing left to invest famous OOOPPPS I was wrong

[2smart4u2]

Light production? It struggles for relevance in the market as a medium to medium-light oil producer. They cut the dividend to zero to de-lever. They purchased old oil fields, but with the higher operating costs and higher risk for environmental liability he would not own this. So they purchased old oil fields and will have higher asset recovery costs down the road etc, etc and yet for years

[mlcb2525]

He did mention that on Friday..............