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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) > we've seen this selloff before
View:
Post by VeritasVern on Sep 21, 2023 11:13am

we've seen this selloff before

We know the fundamentals EIA reports, S&D, etc support higher prices. But after a strong run-up the manipulators are out to take profits. Once they are done it's back in they go and another run-up in prices. This time though oil might hit $100 so its essentially just playing the waiting game and collecting the Divy.
Comment by epoplegih on Sep 21, 2023 11:32am
This post has been removed in accordance with Community Policy
Comment by Re1ndeer2 on Sep 21, 2023 3:34pm
That's my plan....patience
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