Cardinal Energy Ltd (Alberta) T.CJ

Is no one long on here the least bit concerned?

[CJInvestor]

We have completely decoupled from WCS pricing. I am close to selling break even with dividend so far paid out at 5 percent.

[JayBanks]

  Do you need a hug and reassurance everyday on your investments? You should probably look for help from a professional if your feeling like Chicken Little... Might I suggest GICs or a High Interest savings account...   The Stock traded in the high 5s at year end when oil was in the low 70s & sub and now that the share price is 10% higher and Oil has risen nearly 20% your

[CJInvestor]

I'm long in 5 oils including this so enough of your bullying. All are up 20 plus percent this year. I'm just worried about the health of this company that's all.  Ath Meg headwater and nva all have no excuses. Just performance. Do t need gic I'm doing just fine thanks. 

[Quintessential1]

Yeah and not one of those names pay a dividend of any kind.  They are also not taking on any major cap-ex expansions like SAGD.  You invested after they anounced the SAGD project.  You read their report saying it wouldn't pay off for two years from the start date right? That means no capital appreciation until SAGD is finished or very close to it and if oil dips below $80 they

[lashing]

Yup. Billions has fled. If brokers/banks were honest, they'd just tell you, so much money has fled Canada the banks are doomed and no one wants out equities. Why? Windfall tax and Home equity tax is next.

[meritmat]

The Libs do that and they would be lucky to win 5 seats next election.

[lashing]

you may have noticed they DONT CARE. They will cheat. None of them especially JT is acting like they have anything to worry about. So far Canadians had allowed every single fraud and scandal. Some every seem to like it.