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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) > Oil up four bucks and this so called investment
View:
Post by Deckdude on Oct 07, 2022 12:52pm

Oil up four bucks and this so called investment

is down. That's completely unacceptable.
Comment by marketsense on Oct 07, 2022 1:10pm
Look,  oil stocks are not most investors cup of tea.  They have been notoriously  volatile and  have a history to load  up with debt just at the peak of the cycle. Right now there is still a great reluctance for mainstream investors to buy in as they don't trust the sector or its dynamics.  Also you can see the political involvement carries its own set of risks as ...more  
Comment by Re1ndeer2 on Oct 07, 2022 1:52pm
I didn't understand the PoP yesterday but I liked it.......Today, I accept the long term UNHEDGED extra FCF of $100K with the daily increase in share price...Patience
Comment by NonCredibleSrc on Oct 07, 2022 2:26pm
I'm pretty sure that's the November price that's up - November isn't here yet! If I understand the market right, final price for Nov hasn't been set yet as there are still a number of trading days.  Hope someone will correct me if I am wrong!
Comment by NonCredibleSrc on Oct 07, 2022 2:30pm
You should also remind yourself - Sept 26 we hit a low of $6.64. Today we hit a price more than $2 higher than that. Approx %30 higher! That's quite a gain inside of 9 trading days!
Comment by CJInvestor on Oct 07, 2022 3:17pm
We should also stop babysitting this poster daily. 
Comment by Quintessential1 on Oct 07, 2022 4:44pm
Well you have to love investors that buy near the top. How else will it get to that top again? GLTA and Happy Thanksgiving.
Comment by Deckdude on Oct 07, 2022 4:27pm
The only thing I remind myself about is the fact that I'm still down and will continue to negatively comment on that fact until it is no longer a fact. 
Comment by Kherson on Oct 07, 2022 4:30pm
Unusual trading activity today with CJ, in my opinion! Kherson
Comment by Re1ndeer2 on Oct 07, 2022 5:37pm
I added today.....Oil up $4+,  this will respond..
Comment by CJInvestor on Oct 07, 2022 4:47pm
Well go ahead and shoot your investment in its foot by maybe scaring off a few new retail investors who read this forum before their purchase and see your dumb comments daily. If you are a true long and not a closet short then you will smarten up and be more positive on here so you can get out in a week or two and never look back when it goes to 14. 
Comment by Moremoney4u on Oct 08, 2022 7:44am
This has all the ingredients, with the next 2 QRTS, going to be stellar. THE EPS, PRODUCTION, etc., will be stunning. The dividend has  increased by 20%, they will reduce their debt, and provide another dividend increase in new year. ALL the indicators for CJ ARE VERY POSITIVE. High volume on CJ and most other oil stocks, OIL PRICE is moving up, pushing stock into the 12.00 $$  range ...more