Cardinal Energy Ltd (Alberta) T.CJ

Shorts

[Windsorman]

In big trouble. Hang on. GLTA

[Pottsy]

Yea, agree, trade and watch indicators.  Take a loss but always stop loss.   P

[Quintessential1]

It looks like CJ is not going to see a big runup before ex-div Pottsy but surely enough to cover your buy in plus the div and then some.   A purchase in the 6.80 even 6.90 range would have worked for me too but I was too greedy.  Catching the bottom and the top is hard .  The great thing with CJ is, even if you miss out, you're only out for a month ....maybe.  Ah well

[Pottsy]

Thanks Q1, sold at $7.17, so no divi, yes not much run up more huge draw but let's see if it is confirmed tomorrow. I am expecting a pull back by week end according to my magic carpet.....   P

[Quintessential1]

Yeah a big draw and NG creeping up again but also ex-div today so we will see what transpires. Probably a good call on your part locking in your 2x and change div gains. The other part we fail to mention is that is all capital gains and not div so a slightly better tax treatment if not held in a registered account.  Having not extensively traded I am wondering how that will show up on your

[jx7000]

Why, is there a buyout coming?

[egee]

If Murray Edwards as a major s/h sells anything , that would be a first