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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

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Post by Deckdude on Aug 17, 2022 6:35pm

Face it

Cardinal is a terrible buy. We fuc,.d up. Sell and move on to non energy stocks of your choice.
Comment by JayBanks on Aug 17, 2022 8:15pm
  What's this "we" $hit? I've close to doubled my total return thus far and am receiving a 12.4% yeild on cost, many others are similar or better (some massively better)... YOU fu*cked up and ARE fu*cked up if you think we care about your constant whining that you timed a purchase poorly. Do yourself and everyone else a favour and Darwin yourself... WE will be quite ...more  
Comment by 7Twiggy on Aug 17, 2022 8:25pm
I have not got time reading posts like this. Good bye.
Comment by JohnnyDoe on Aug 18, 2022 6:22am
CJ is an excellent stock in. I have almost 50,000 shares. Bought at prices much lower than this. And the cash cow paid out this week. And it will pay out again next month, and the month after, and the month after that too. As I said in a post yesterday it depends on your objectives. If you're looking for maximum capital appreciation, there's probably a better play for you elsewhere. If you ...more  
Comment by Moremoney4u on Aug 18, 2022 7:08am
YES, it is a CASH COW, oil has to be in the 50.00 $$$  range for this dividend to be effected. We get paid to wait for stock appreciation as well, to the target of 14.00. OK, VERY NICE. ERIC still feels according to his statement , that there still is remove to grow,BUT NOT up to his 150 % marker. CJ still has ALL cylinders firing, maybe a takeover, enjoy the divy, maybe a increase in three ...more  
Comment by JohnnyDoe on Aug 18, 2022 8:22am
investors need to understand Nuttal's situation a little better. He exists to make money for his investors. Now he has two funds. When he's on BNN, does he talk about his income fund? Not really. He talks about potential upside from current prices. So if he says there is more upside elsewhere, that typically results in selling of whatever stock he mentioned. So when he says that, he can ...more  
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