Post by
divime1 on Jun 03, 2022 1:16pm
A pump from Nuttall
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 .
Comment by
TheWokeLemming on Jun 03, 2022 1:24pm
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.
Comment by
cre8value4me on Jun 03, 2022 1:31pm
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!!
Comment by
TheWokeLemming on Jun 03, 2022 1:34pm
He's probably buying today.
Comment by
cre8value4me on Jun 03, 2022 1:35pm
Just try and do the math on the money he just made talking his book very smart!!
Comment by
cre8value4me on Jun 03, 2022 1:46pm
Good one............ well he is a smart salesman, LMFAO
Comment by
Pottsy on Jun 03, 2022 1:42pm
Yep does it again, scumbag.. don't worry, others will gobble this lot up, underpriced at 8.98, just watch it recover somewhat..
Comment by
geric on Jun 03, 2022 2:21pm
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.
Comment by
Rileym7833 on Jun 03, 2022 2:58pm
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.
Comment by
TheWokeLemming on Jun 03, 2022 4:08pm
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.
Comment by
cre8value4me on Jun 03, 2022 4:13pm
Agreed anyone who thinks otherwise should just stick to GIC's or (gag) mutual funds. GLTA it is now officially beerthirty!!
Comment by
caretired1 on Jun 03, 2022 4:14pm
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