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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) > Today’s trading….
View:
Post by Sailboatdream on Aug 04, 2023 8:17pm

Today’s trading….

Was both disappointing and strange.  All gains lost between 1pm and 3pm.  And then range bound.  Almost feels deliberate.  Things that make you go "... ummmm".
Comment by Pottsy on Aug 05, 2023 6:02am
Yes Sailboat, I have been stickhandling Cj for years even when it was a 0.34 cent stock. My focus now is to trade, await downs which you will note sometimes happens for no reason. Take Friday, 3.30 pm, predictable. My three reasons for the cycles are 1. The divi is too high.  2. There is one very large stock holder, he can manipulate.  3. Our friend in the investment dealer network  ...more  
Comment by jx7000 on Aug 05, 2023 10:49am
Well if someone's manipulating the SP to keep it down, maybe it's because he or she is accumulating in anticipation of a buyout?  JMHO.
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