Cardinal Energy Ltd (Alberta) T.CJ

Short interest is increasing in CJ

[CJInvestor]

No surprise this group is full of these brave idiotic souls lol. Will have some pressure for a while but then the elastic band will shoot us up to new highs shortly (pun intended).  Have a good weekend longs.

[caretired1]

Earnings next week!

[Fastguy69]

Well they dropped the debt by 85 mil to 62 mil in Q2 so hopefully we have almost knocked it right out of the park! Next few Q's will be exciting! 

[Quintessential1]

0 debt and an increased divi announcement for Jan will be major catalysts. Nothing sells like ACTUAL numbers.  A boosted WTI with a shrinking WCS spread will be good too when heavy oil refineries re-open. Shorts will be squeezed and high $12s will be achieved GLTA

[caretired1]

Agreed!  Debt sb under 25 at q3 end and zero by end of year!  Lots of dividends and buybacks to come

[Coopsvw92]

I think your debt figures are optimistic, hope you are correct.  Guess we will see Thursday evening.

[Quintessential1]

F'n right we will! LOL GLTY and all longs

[sclarda]

Coopsvw92 wrote I think your debt figures are optimistic, hope you are correct.  Guess we will see Thursday evening. ----------------------------------------------   Yes it appears that some posters on this board seem to either not read the companies press releases or cant comprehend them very well.  In the press release from September 12th. less than 2 months ago stated that

[Coopsvw92]

I think some may not be considering the ~ $25M used on buybacks at ~$7 per share.