Cardinal Energy Ltd (Alberta) T.CJ

What a disaster buying

[Deckdude]

this stock was.

[CJInvestor]

Everyone please look at this poster posting history. It's amusing and shows he's a shorter of every oil stock he posts on. There isn't one positive post in 10 years. Either you need to be on some serious antidepressants or you're a shorter who pretends to be long and then bashes your decision.  Either way you're exposed for the sham you are. 

[EvilPompoo]

Seeing you suffer brings me joy. Thanks. Also remember this stock was doing fine until you bought it at it's 52 week high.

[RusticHit]

Told ya not to buy over 9 now wait for 6,,ssss

[RusticHit]

if oil keeps dropping Div. cut to 3 cents possible

[steve957]

CJ stated that the divi could be paid down to 55 dollar oil, CJ paid a dividend before the pandemic and CJ is in much better shape now so i would say no cut to the dividend, CJ paid the dividend in 2014 2015 when oil was like 45 a barrel 

[Winnipeg40]

Anything is possible,  but in the last quarter their net debt dropped by approximatley 46 cents a share,  or better than 15 cents per month.   They have  a lot of room   Further,  their forecast adjusted for todays oil price still yields a 2H fund flow of $150 Million   My calculations show that oil at sub $49 is where they would look at reducing

[navajojoe]

This post has been removed in accordance with Community Policy

[cre8value4me]

navajojoe wrote Maybe, but a lot of people bought this stock because the dividend was supposed to go up. That is now gone. Well IMHO that would be the difference between gamblers and investors so reap your rewards accordingly. The stock price goes down the percentage of return goes up for those that invested on known financials and got in early..... the stock is up substantially from the

[mickeymouse]

The dividend did go up Navajojo - just like on the investors village board you have no clue what you are talking about as usual - see post #449200 on that board from Navajojo the oil and gas expert. "Cardinal is a second tier company with high operating costs"  - pretty clear you are either short or just a rude keyboard warrior hiding in a basement somewhere the way you refer to

[sclarda]

Winnipeg40 wrote Anything is possible,  but in the last quarter their net debt dropped by approximatley 46 cents a share,  or better than 15 cents per month.   They have  a lot of room   Further,  their forecast adjusted for todays oil price still yields a 2H fund flow of $150 Million   My calculations show that oil at sub $49 is where they would

[RusticHit]

Told ya 7.50-7.20 door open when drops under 8 Div. Yield at 8% now could see 10 % soon,,,,,,,,keep some powder dry ,,,,,,,as always