Cardinal Energy Ltd (Alberta) T.CJ

$63 Oil And Yet We Slide Lower

[bonjovi501]

no love for oil stocks time and time again. One day it would be nice to see oil stocks climb each day for a month. Enough of this cr@p.....

[yggdrasill]

From $0.39 to $2.8 in 4 months, and you still aren't happy? Tough crowd.  

[Backinblack1000]

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[kavern23]

Some of the weakness overall in the general sector has to be due to Covid Variants spreading...especially in India who is a large oil importer.... While oil is over 63 right now...if a third wave and a tight lockdown in India happens it would bring on -2 to -3 dollar oil days. Investors are risk adverse...they want to see more visibility on Covid and the impacts. My fingers are crossed that

[Backinblack1000]

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[Backinblack1000]

This post has been removed in accordance with Community Policy

[Backinblack1000]

This post has been removed in accordance with Community Policy

[kavern23]

I think sentiment will improve soon...if not by tomorrow... I think Cardinal is in for a 15-20 cent gain in one day...very soon as long as this builds momentum wise. I am very bullish on oil prices as well as long as things don't get any dicey with covid and they shouldnt.  USA will be close to half population soon with vaccine. 64 WTI oil mentally my boost traders spirits...

[riski]

The meteoric rise of WTI had the market pricing oil stocks for $75 WTI assuming the impressive trajectory was going to continue.  This is just a correction to the realities of the current price of oil which the market seems to be predicting will be rangebound or slightly lower for the coming months. WTI needs to push well above $65 for CJ to get some traction again.  

[oilypants]

Bonjovi501 broker friend tell me 50c in stock from erin nuttal he push up with buys and promo he say erin is trader if he sells we living are living on a prayer stock $1.80. so i say let me talk to chart guy next room.he says erin buying GXE chart show oil drops GXE NOT stock accumulated for big pop promo erin top pick. Ok ok still like cj but broker say be very careful NO DRIL need $60 pay debt