Cardinal Energy Ltd (Alberta) T.CJ

Wake up ! Something is going on here !

[MohelJFox]

She's frothing !

[Coopsvw92]

$94.50 Wonder if they have begun hedging any production.  Looking forward to an update.  Flying blind here.

[antonaki1]

This post has been removed in accordance with Community Policy

[ronz]

As this stock was attempting to catch it's breath from a technical stand point, and oil has continued to keep rising, this stock is back to under performing compared to some of the other canadian oil stocks such as Meg and Surge, etc. Assuming that oil continues to rise on its way above $100 per barrel, I would have to say this should make another good run up soon to the $7 per share level

[jonvw92]

The fundamentals keep getting better and the SP is going sideways/down... what am i missing?  I averaged up at 5.30... not something i normally do.  Am i chasing?  or just being impatient?  I thought for sure with $95 WTI and potential 16% yield in the coming months CJ would have started the next leg up.  Appreciate all the constructive posts.

[JayBanks]

  The move seems like it will be a slow burn until that dividend announcement is officially on the board. I added a significant amount at $5 the other day too. I expect a reasonable jump on upcoming earnings with the big move on the reinstatement of the payout I don't expect oil to stay this high for that long (tho I would love it). Others mentioned about putting hedges on, I would

[RHertig]

I have over 11 bags so far. I see 20x coming over the next quater. What a gift this has been and it will keep on giving. We talked about getting the same amount in dividend as we were buying it for in 2020. That will soon be reality.