52-week high. AGAINMost of the other oil stock has pulled back from a 52-week high but this stock created another 52week high again. More to come as the oil prices stay above $60. This company is a cash cow at these prices with very low decline rates & reducing the need for CAPEX for production maintenance.
Now that Nuttal has bought shares of this company he will constantly talk about and pump it till she sells the shares. Unfortunately, he did not buy the shares in the open market otherwise the stock would had spiked much harder.
Natull bought shares from a short seller. They do not show up in the short position. So the transaction would have taken place recently and will show up in the next reporting. Historically;y CJ has a nonexistent short postion. We would know about the big jump in the short position. That short position will be covered by the shares from the company.
Short Positions for CJ | T : CJ | 2021-03-15 | 353,950 | -1,229,943 | 135,699,429 | 0.26 |
| T : CJ | 2021-02-28 | 1,583,893 | 224,642 | 122,697,829 | 1.29 |
| T : CJ | 2021-02-15 | 1,359,251 | 1,130,591 | 122,697,829 | 1.11 |
| T : CJ | 2021-01-31 | 228,660 | 127,950 | 122,697,829 | 0.19 |
| T : CJ | 2021-01-15 | 100,710 | 7,839 | 122,697,829 | 0.08 |
Fundamental Data - CJ
| Security Type | Equity |
| Shares Issued | 135,699,429 |
| Market Cap | 309,395,000 |
| Year High | 2.30 |
| Year Low | 0.34 |
| Annual Earnings/Share | -4.39 CAD |
| P/E Ratio | -0.52 |
| Annual Dividend/Share | 0.18 CAD |
| Annual Dividend Yield | 7.89 % |
| Ex-Dividend Date | 2020-02-27 |
| Sector | 10102020 - Oil & Gas Exploration & Production |
It has a small number of shares outstanding and some of its float is locked up. So it does not need too much to spike the share price. This stock can and will move fast.
No major blocks to sell on the market book even on a 52 week high.
