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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils... see more

TSX:CJ - Post Discussion

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Post by Pottsy on Jan 22, 2024 11:45am

MANIPULATION

Don't see any bad news for CJ, even BTE up, with oil up over 2%...   ??
Comment by Quintessential1 on Jan 22, 2024 1:39pm
Weird eh?  Technicals are showing some bad mojo if you buy into those (and I do) but I thought the share price would run up to the ex-div regardless of oil being up or down.  If by manipulation you mean shorting, I think it is a pretty brave and maybe short sighted position to take right before the ex-div considering shorts pay the div on the shares they short and doesn't make sense ...more  
Comment by lnggasfor202324 on Jan 23, 2024 3:54pm
Seems lioke sxomethings going on.  The stock seems to be getting held down, possibly for a takeover.  Time will tell.
Comment by Pottsy on Jan 23, 2024 4:15pm
Yes INGG, I talked to a pal at CIBC, he says no way, tooo  small, plus major shareholder a senior manager in a large oil company (you know who),conflict of interest unless an other. But I hope you are right....    P
Comment by lnggasfor202324 on Jan 24, 2024 9:26am
I can't see it being a hostile one but maybe someone trying to accumulate 10% before they announce it.
Comment by lnggasfor202324 on Jan 24, 2024 9:26am
I can@t see it being a hostile one but maybe someone trying to accumulate 10% before they announce it.
Comment by lnggasfor202324 on Jan 24, 2024 9:27am
should read can't see it being a hostile one.
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