Cardinal Energy Ltd (Alberta) T.CJ

Flying high!

[TheWokeLemming]

Had to take some off the table prior to the Fed meeting.  Now looking for a pullback.  GLTA!

[cre8value4me]

Good plan I think if the fed does go a suprise 1% as did the BOC it will have negative tilt to WTI price on the day as well as a general market down move,   Hold tight 2 hours till the suprise package is opened. JMHO

[TheWokeLemming]

It's dicey, but I always feel good taking some profit off the table.  Volume is also light, so I don't feel this move up will hold over the next 1.5 hours.   I've been burned the last 2 Fed meetings so I might be acting over cautious.   

[7Twiggy]

Your right, never too soon to take a profit. Good luck.  You can always get back in.  Have done it a number of times after I missed a Jump.  IMO rate increase already priced in. 

[7Twiggy]

I am holding tight.  Started buying the stock at higher levels as I thought it was one of the best plays in the oil patch.  Still do.  So many good things happening.  Aside from an initial buy, the company has not really started their buy back program in earnest.  IMO opinion those shorts are starting to cover as they could be in big trouble sooner than they think. Results

[TheWokeLemming]

Absolutely agree Cardinal is the place to be!  My long term holdings haven't changed.   GLTA!  

[cre8value4me]

I have sold 1/2 my position into strength today and will watch carefully when the FED decision comes out. I don't mind if I don't get the full amount of the divi this month but will definitly look to move back in before the earnings release tommorow (after close), to me it is the more important thing to concern myself with it is a little more certain to my way of thinking, the rest is a

[cre8value4me]

Also I have kept back some dry powder to deploy!!

[w8asec]

I don't want to trigger more tax gains for this year ... so trading this doesn't work for me. It will be fun for those trying to predict the dips and spikes though. I'm thinking from todays overwhelming performance to peers we are going to see far more upward Spikes. GLTAL

[JohnnyDoe]

today's performance is in part driven by today being the ex dividend date

[w8asec]

I agree, but only 5 cents of it.... the remaining gain is most likely that this stock is undervalued to peers. Time will tell... looks good post Fed rate hikes

[cre8value4me]

So the table is now set in my opinion for CJ to start the run up to true value, the FED is out of the way ,the BOC is out of the way I think the SPR is out of the way we should have a clear runway for at least the next month or so before we start the what are the central banks going to do? And the real news is that CJ will report an outstanding quarterly report tommorow!!! GLTA and as always JMHO

[TheWokeLemming]

Lost a nickel on my trade but plunged back in.   Let's go CJ!

[senzzzzz]

That was dumb. You also lost your transaction cost x2 to sell and re-buy. Idiot.

[cre8value4me]

I think that he knows what he is comfortable with and his transaction related costs you know nothing of his cercumstances and such should not judge with your derogitory comments maybe you should keep those opinions to yourself and out if this forum. It always amazes me that tjhere are so many posters out there that just want to bash. you added nothing of value.

[TheWokeLemming]

Thanks.  Many times being cautious has saved me big money.   My trading shares are a small chunk of my portfolio.  Since you're a dck, you're now on ignore.  

[cre8value4me]

Yep be greedy when others are fearful and fearful when others are greedy(Ala Buffet) and in between is determined by ones own experience. JMHO GLTA except of course the dicks they usually get what they deserve!!

[TheWokeLemming]

Thx cre8.   I've made many mistakes in my time and will make many more.   This one didn't cost me much.   If I can make big gains coupled with small losses, Ive learned to take it.  My portfolio is up 182% in the last 12 months so I'll be able to survive.  Lol.  As for the new poster, he/she will probably be gone within days and is unimportant.  A

[cre8value4me]