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

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Oversold this morning
View:
Post by MrICE on Mar 15, 2021 10:46am

Oversold this morning

Cj oversold. 

oil is down a bit but CJ came way too far down. Jumpy shareholders today. We're definitely held by weak hands but that's why I like this one. Can jump up quickly too especially if oil starts to rise as predicted  also with real company numbers.

finacials coming out next couple days. I think tomorrow night. 
I holding strong.

Comment by kavern23 on Mar 15, 2021 11:22am
Agreed, I think it is.  I try to use these down days to my advantage and love them. I missed the 2.11 stuff as it was so brief  but I bought some at 2.17 and 2.18...still under 2.20....plenty of ham on the bone at under 2.20. 1.6M barrels of refinineries are online again...oil inventories will not be huge anymore.
Comment by MrICE on Mar 15, 2021 12:02pm
Great time to top up 
Comment by BadShituation on Mar 15, 2021 12:11pm
Sold some midstream stuff and brought my attention back here for some of those low 2.teens Notice that tankers are catching a nice bid? Because demand is accelerating. GLTA
Comment by kavern23 on Mar 15, 2021 12:16pm
No huge sell walls...just little sell order retail b*sllshit.   Ended up spending more then I expected too this morning. Heavy oil is still over 67 bucks in Cad...gladly buy shares. Looking forward to CJ releasing what the plans are for rest of 2021.
Comment by Backinblack1000 on Mar 15, 2021 12:24pm
This post has been removed in accordance with Community Policy
Comment by kavern23 on Mar 15, 2021 12:34pm
I got some under 2.13 as well :).  Got 5 batches of shares today. This is marginable and a few more reasons that this was my only buy for today. See if institutions start buying after 11am today.
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