Post by
divime1 on Oct 04, 2023 11:03am
Blood bath
on all oil stocks today . Percentage wise we are down the least . Maybe the deal announced last night is saving us further pain .
Comment by
Quintessential1 on Oct 04, 2023 11:51am
Makes sense. Hard to fault an acquisition that will add 3% to production and be paid for before Q4 end. The drop in oil price has all producers down but the EIA report was bullish for oil so ?... GLTY and all
Comment by
meritmat on Oct 04, 2023 12:16pm
Thought I read somewhere that the oil was being rerouted so the 500k is still gettin to market.
Comment by
egee on Oct 04, 2023 12:38pm
As noted from the pundits, volitilty works in both directions
Comment by
jx7000 on Oct 06, 2023 2:11pm
Yup, golden buying opportunity yesterday, the 5th of Octy.
Comment by
lnggasfor202324 on Oct 06, 2023 2:21pm
I couldn't agree more. John Brussa also agrees, he bought 25000 shares at $6.90. I would be suprised if cardnal doesnt break out Nov 7 the day after the 3rd qtr earnings release after markets close. I bougfht The $5.00 calls for Jan 17/25 and Jan 16/26 calls as well as a boat load of shares.
Comment by
cfliesser on Oct 06, 2023 10:44pm
Maybe, but the narrative I read is that it's turkiye that is ready to open and Iraq that is dragging their feet.
Comment by
egee on Oct 07, 2023 3:41am
Perhaps the escalating dispute with Israel and hammas which was declared a war by Israel will boost oil. Get ready
Comment by
Pottsy on Oct 07, 2023 11:37am
Hmmm, Q1, great prospective. Surely the next results will open this up to the investors. BTW my magic carpet says BUY, we got a bump on Friday, it says buy Monday but short term for trader's. P
Comment by
meritmat on Oct 04, 2023 5:00pm
Ya darn near broke even. Dumped Suncor yesterday to jump more in to this so that kinda turned out since SU is Down over 2 bucks. More fluke then anything. Have to many shares in CJ know but I have faith they can keep paying the div