Cardinal Energy Ltd (Alberta) T.CJ

A pump from Nuttall

[divime1]

is always nice but what's more important is oil is at $119 and gas is $ 8.55 heading into summer driving and cooling season . There is a nice juicy monthly dividend starting next month and special dividends will be starting in the fall when Cardinal becomes debt free .

[TheWokeLemming]

CJ is doing everything he has asked for .... paying off debt and returning FCF to shareholders.  Just goes to show that he can't be trusted for long term investing.  Every stock he recommended today he may have sold by the end of the day.  That's his reputation now.  Dirt.  My opinion only. 

[cre8value4me]

HE IS A MONEY MANAGER, BIG EGO, BUT HE IS AN EXPERT IN HIS FEILD, I still find him informative and you can still do extremly well by listening and doing your own DD on his advise in the sector, no money manager is going to reveal his hand just as any poker player is going to. He just made more shares available for us with a juicy divi to come and come some more I am still quite happy to own CJ!!

[TheWokeLemming]

He's probably buying today.  

[cre8value4me]

Just try and do the math on the money he just made talking his book very smart!!

[dukdukduk]

cre8value4me, this is only for your amusement, but, re: him being an expert in his field Behold, October 7, 2016 - the Cardinal price was gyrating between 8 and 10 per share back then: https://www.bnnbloomberg.ca/eric-nuttall-s-top-picks-october-7-2016-1.581486 To wit: Top Picks Cardinal Energy (CJ.TO) Cardinal energy offers investors who are bullish on oil the offensive

[cre8value4me]

Good one............ well he is a smart salesman, LMFAO

[Pottsy]

Yep does it again, scumbag.. don't worry, others will gobble this lot up, underpriced at 8.98, just watch it recover somewhat..

[geric]

Eric's fund can't hold more than 10% of the company.  Just watch him move it into his energy income fund like he did with WCP.  He likes the juicy dividend.

[Rileym7833]

His only issue with it was that it outpaced its peers. With the attention the other names got at $119 oil they'll catch up quickly, especially the ones doing buybacks and the rise will continue. This is still a name with >35% FCF. I wouldn't be surprised to see him pick it up again after it lowered and other names caught up.

[TheWokeLemming]

It's outpaced its peers because it's well ahead of its peers, both in terms of debt repayment and FCF return.   Nuttall has done a lot of damage to his "brand" in the last 3 months.    Knowledgeable?  Yes, but he's in it for Eric.   His loyal groupies will become less and less.   Reputation matters.    

[cre8value4me]

Agreed anyone who thinks otherwise should just stick to GIC's or (gag) mutual funds. GLTA it is now officially beerthirty!!

[caretired1]

Why do you think any of them go on market call. It's advertising and promo of themselves and their investments. Do your own dd