Cardinal Energy Ltd (Alberta) T.CJ

Huge Buying Opp!!!

[pkrash]

Nuttall doesn't have this in his income fund?!? It's only bleeding cash. I have it in mine. I also get to buy more at a discount now because the sheep that follow blindly are selling. Thanks Eric!!

[geric]

He sold it from the Energy Fund and can only hold up to 10% of a company.  I suspect he will now pick it up cheaper for the Energy Income Fund.  He did say he likes the juicy dividends.

[Luckyguy777]

My guess is he will buy it in the income fund. I read between the lines and he is trying to gain 100% in the capital fund.  He is trying to get 20% in the income fund.  CJ probably fits the income fund better with the covered call strategy.  He can collect a great dividend yield and if price doesnt go up he makes the return on the call he sold.  If price goes up he makes the

[MohelJFox]

Also this fits the line he used  " I think one day the new fund will out do the original " Beacuse maybe the higher yields will attract a higher share price ? But only 15% upside for CJ though right ? B.S.

[Allinontheturn1]

Thanks Nuttall now we have a 17.71% upside after today

[TheWokeLemming]

So he recommends TVE and is the top holder.  TVE has a P/E ratio well over 4 and closer to 5.   Meanwhile CJ's is under 4.   He makes no sense.  Watching him yesterday made me feel like I was being sold a used car.  My opinion only.