Cardinal Energy Ltd (Alberta) T.CJ

Drop

[Sirlostalot]

Wow , would hate to see the drop if the company wasn't still insanely profitable and wti still $5 higher then very best case scenario given in winter report.

[Re1ndeer2]

This drop in share price is definitely over done.....Don't see high volumes only weak hands(margins?).......Had to add a few more shares at this discount opportunity..

[GoldenArm]

Definitely price of oil is not determined by Putin but by speculators. Either the US is shorting the oil market or speculators have bailed (but will be back). Nothing has changed in Ukraine. The drop in stock price is definitely shorts and weak hands bailing as they do and don't blame them since they are only looking for a quick buck. CJ had solid revenue growth and earning for Q4 2021 and

[RusticHit]

what a crash oils moving up now down only 3-4 % but she is down 14%  market not happy with earnings for sure and Div. .well buying  today  lets see where she goes 

[odinburnz]

Cj is doing exactly as was stated a few months back....paying down debt,no divy news till may.I bought more this morning,could not resist!

[fishbeecee]

Yes there were highs that were higher than 77$ but it looks like for the bulk of the quarter WTI was at or below 77$

[Jonny2fingers]

Jan ran from a low of $77 on Jan 4 to a high of $87 at the end of Jan.  It climbed steady from start of Jan to end of Jan. Feb ran from a low of $87 on Feb 1 to a high of $95 on Feb 28.  Essentially climbed steady from the start of Feb to the end of Feb. Mar ran from a low of $95 on Mar 1 to a high of $130 back down to a low of $95 (as of today). Not too tough to figure out the avg cost

[JayBanks]

  I believe it's too early for significant margin calls... as someone that constantly plays on the edge, I get 3 warning calls, the general market has stayed pretty even until yesterday and the US is up today. If your triggering your sales today you have to be heavy into something that's declined late last week or have fear. Tomorrow, Thursday and Friday are more likely margin