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

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > My prediction is that we break $9.00 today.
View:
Post by 7Twiggy on Jul 28, 2022 9:57am

My prediction is that we break $9.00 today.

Nice action again this morning.  Cardinal still has not repurchased shares since that initial buyback on July 7 at $7.27.  Strange, but I guess we will find out later. That suggests to me funds, retail and shorts responsible for the move up. Being held back a little but I think we will move into the 9's later today. Maybe there is some truth to that buy out romor, hope not because I think at least in the short term, us shareholders will do better with no merger or take over. Cardinal up 2%plus which is more than all companes on my list. Gear beating the a little but most likely due to the low price.
Comment by 7Twiggy on Jul 28, 2022 10:04am
The way this is flying, I may be a little conservative.
Comment by cre8value4me on Jul 28, 2022 10:15am
It is good to see strength while the general market has turned negative at the moment, which will likely mute some of the upward movement but it will come if not today.It would have been nice to have a general markets up day it puts a bit of a drag on CJ. GLTA
Comment by steve957 on Jul 28, 2022 10:24am
sucks thet there was 2 contracting quaters everything probally will end red today 
Comment by cre8value4me on Jul 28, 2022 10:22am
Hopefully the drop here is just backfilling!!
Comment by Re1ndeer2 on Jul 28, 2022 12:35pm
The quiet period prohibits management teams or their marketing agents from making forecasts or expressing any opinions about the value of their company. For publicly-traded stocks, the four weeks before the close of a business quarter is also known as a quiet period.
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