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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum 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. It has over 730 million original oils... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > I have the feeling we have reach the bottom
View:
Post by loopsbutterfly on Jan 03, 2024 3:29pm

I have the feeling we have reach the bottom

The stock is in the comeback trail and that's why I got the lion shares on the cheap.

It was way to cheap and so lucky to have the strong liquidity last month in my account.
Comment by Quintessential1 on Jan 03, 2024 4:15pm
FYI loops: the lion's share phrase of lion   the largest part of something. Try to keep it real here GLTA
Comment by loopsbutterfly on Jan 03, 2024 5:21pm
it is worth $241 423 at the close today and could add more shares depending of market condition
Comment by Quintessential1 on Jan 03, 2024 5:43pm
$241 423 / 37 900 = $6.37 / share (106) ••• Comment by loopsbutterfly on Dec 22, 2023 4:35pm lol not $6.30 ........well below $6.30 I dont have to report my trade sorry I am not an insider  37 900 shares in very srong hand merry christmas to all cj-warriors     divivend is coming ...more  
Comment by loopsbutterfly on Jan 03, 2024 5:56pm
yeah that's not right... 5 500 x $6.24 29 500x$6.25 and the remaining between $6.80-$6.90
Comment by loopsbutterfly on Jan 03, 2024 6:00pm
do the math...average well below $6.30
Comment by Quintessential1 on Jan 03, 2024 6:27pm
LOL.  Yeah something isn't right. 5 500 x $6.24 29 500x$6.25 29 500 + 5 500 = 35 000  But you said 20k shares in November so 55K total?  Also,  why would you buy 2 tranches a penny apart? GLTA
Comment by loopsbutterfly on Jan 03, 2024 6:39pm
sorry bad english 20k worth of shares 
Comment by loopsbutterfly on Jan 03, 2024 6:41pm
because my order was set for 35 000 shares at market and it got fill like that 29 500 x $6.24 5 500 x $6.25
Comment by loopsbutterfly on Jan 03, 2024 6:42pm
sorry 5500 x$6.24          29 500 x $6.25
Comment by loopsbutterfly on Jan 03, 2024 6:06pm
I think you need help $6,37 is the closing price today....it is not my purchase price
Comment by loopsbutterfly on Jan 03, 2024 6:14pm
You seem to follow me but dont be jealous you still have your small core holding. if you have more for sale I am a buyer at $6.28
Comment by Quintessential1 on Jan 03, 2024 7:00pm
Well yeah with $20k worth of shares your ACB is $6.29-$6.30 so $6.28 would be a bargain...to you. But this statement is off: Comment by loopsbutterfly on Dec 22, 2023 4:35pm lol not $6.30 ........well below $6.30 I dont have to report my trade sorry I am not an insider  37 900 shares in very srong hand merry christmas to all cj-warriors     ...more  
Comment by loopsbutterfly on Jan 03, 2024 7:02pm
wrong my average is $6.23 per share and dont forget the $0.06 dividend already in my pocket thus well below $6.20
Comment by Quintessential1 on Jan 03, 2024 7:13pm
Well no loops the dividend hasn't been paid yet so its not in your pocket...in mine for the shares I sold but not yours yet. Tell me more about how $6.25 + $6.24 averages to $6.23 with more ??? shares at $6.89 added in? PS your divy doesn't lower your ACB it just raises your ROI. Like I said loops....sketchy. GLTA
Comment by loopsbutterfly on Jan 03, 2024 7:21pm
you are wrong I got the $0.06 dividend in dec 15 on 2900 shares and the January 15 dividend is official because I was on the record on December 27
Comment by loopsbutterfly on Jan 03, 2024 7:26pm
average $6.29 on 37 900 shares but for tax record I agree   but in fact minus dividend already official...2 900 shares x $0.06=$174 (December 15)                                                                       ...more  
Comment by loopsbutterfly on Jan 03, 2024 7:19pm
I am not jealous because I am already in the money and it is just a small part of my portfolio
Comment by Quintessential1 on Jan 03, 2024 8:07pm
Well that is my bad English this time loops.  I am the one who is jealous ...you're right. How long until your ACB is zero or, lol,   negative?  The tax man is going to love you! GLTA
Comment by loopsbutterfly on Jan 03, 2024 8:10pm
my average is $6.29 (tax purpose) my average is a little bit below $6.23(including dividend)  I now you understand but try to avoid that finally I was honest and you totally waste your time
Comment by Quintessential1 on Jan 03, 2024 8:33pm
Au contraire mon ami.  Not a waste of time.  Totally entertaining for me.  ;-) Merci beacoup! GLTA
Comment by loopsbutterfly on Jan 03, 2024 8:39pm
oui mais ca ne te fais pas faire d'argent...tu dois acheter plus d'actions  et surtout ne pas vendre pour $6.28 car demain le titre vas ouvrir en haut de $6.40 Je suis un investisseur d'experience et je peux t'enseigner d'avantage juste inbox me j'ai mon fan club et j'ai fait beaucoup d'argent en 2023 malgr un march baissier gnralis
Comment by loopsbutterfly on Jan 03, 2024 8:44pm
malgr un march baissier gnralis tu dois faire confiance au grand investisseur 
Comment by loopsbutterfly on Jan 03, 2024 9:05pm
Festival is buying Brussa is buying $6.23 is below their recent buys  
Comment by Quintessential1 on Jan 03, 2024 10:09pm
Yeah well maybe they subtract the divi from their ACB too! I would trust in you if you wern't averaging down at $6.24 market buys on days when the stock drops to $5.75. (106) ••• Post by loopsbutterflyon Nov 17, 2023 1:41pm 175 Views  Post# 35741518 I very nice recovery from yesterday It was a real gift ...more  
Comment by loopsbutterfly on Jan 03, 2024 10:25pm
December 12 yes it went to $5.75 but it was in free fall I never buy unless I can find a bottom
Comment by loopsbutterfly on Jan 03, 2024 10:29pm
$20 000 in a single stock is a big chunk not for me but for an average investors $20 000 in a single stock is a big chunk
Comment by Quintessential1 on Jan 04, 2024 5:13pm
Nice call.  My sale has made me more money than your div that won't be paid until Jan 15 has made you.  Also I too get a div on the Jan15 on a lot more shares than your "big chunk".  LOL GLTA  
Comment by loopsbutterfly on Jan 07, 2024 6:43pm
yeah but did you buy on margin? Some investors claim to hold big chunk buy in fact they buy on margin...all my shares are fully paid
Comment by loopsbutterfly on Jan 07, 2024 6:45pm
sorry.... but in fact they buy on margin my apologize
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