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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) > 🚩Simple math-> .72 dividends-$1.60 share price=loss of $.88
View:
Post by Dollars4Pennies on Jan 24, 2024 12:01pm

🚩Simple math-> .72 dividends-$1.60 share price=loss of $.88

Even factoring in the dividends this stock is down over 11%.

Definite red flag !! ->
Comment by loopsbutterfly on Jan 24, 2024 12:17pm
A huge winner....up from a mere $0.34 since year 2020 and mostly own by deep pocket investors. hold long and prosper !!!
Comment by lnggasfor202324 on Jan 24, 2024 3:01pm
Go invest in your penny stocks on the venture exchange.  Cjs stock price appears to be out of your league.
Comment by Dollars4Pennies on Jan 28, 2024 2:01am
What's the point of having a stock that pay dividends if it's going to lose twice as much as its dividends in its share price? Why not get a stock that pays a dividend and is going to go up at the same time?
Comment by lnggasfor202324 on Jan 28, 2024 2:43pm
Why atre you buying your cdnx stocks then that look like their going to go broke anytime?
Comment by Dollars4Pennies on Jan 29, 2024 9:09pm
Once the dividend is paid and it goes "ex-dividend" the stock will drop the $0.06 or more. You really need a stock that pays a dividend and appreciates in price as well  otherwise you are just treading water.
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