Cardinal Energy Ltd (Alberta) T.CJ

market depth:big players on the stock

[Valneigette]

probably institutions or insiders

[Valneigette]

wti=$77.00 crude oil=$82.05 in real time...$$$$$

[Pottsy]

They are piling in for divi time then watch the drop off....

[oilisswell]

Should be more to it than the dividend. It is up 7 cents today alone and the dividend is only 6 cents. Could be that oil is up and stockpiles are down. Or could be that CJ is undervalued at these levels. Will it drop after the dividend? Possibly, but it also could keep moving up! >11% dividend is nothing to laugh at. Place your bets.

[Quintessential1]

CJ seems undervalued at these share price levels and these commodity prices and I did and still do expect a bigger run up to an ex-div date especially with rising oil prices.  If the share price doesn't break through that previous resisitance level it risks a triple top and Pottsy prediction of a divy drop may become more than that.  A breakout would be nice and CJ still has two days

[loopsbutterfly]

another swing trade?  $6,50??  lol deep pocket will take it all $6,28 was not good   

[Quintessential1]

Was good for me loops.  Collected my divy and then some early.  We'll see how the rest plays out. GLTA

[Pottsy]

Hey Q1, I don't remember predicting a divi drop?  Must be another. I think we are solid for now. Or maby I had one too many Scotch Whiskeys that evening....

[Quintessential1]

My bad Pottsy.  Should have said share price drop after the ex-divy. (24) ••• Comment by Pottsy on Jan 25, 2024 3:08pm They are piling in for divi time then watch the drop off.... If you were having scotch at a 3 in the afternoon,  you should have invited me. ;-) GLTY and all