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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

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Post by traderfrom on Jul 29, 2024 8:58am

6-6.50

Will be dumped after earnings as other stocks like Aav Hwx
Comment by loopsbutterfly on Jul 29, 2024 10:11am
that's why I sold covered calls on it....strike price $7,00 (August 16)
Comment by Quintessential1 on Jul 29, 2024 10:13am
HWX?  No dumping there.  Actually up since they reported. AAV is down 2% since they reported. Maybe what kept HWX from being dumped is they pay a dividend and AAV does not. Since CJ pays twice the dividend yield that HWX pays perhaps they'll be twice as resilient.   Never underestimate the ability of a strong dividend to avoid a sell-off.  ;-) GLTA
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