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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 Playacar on Aug 07, 2024 5:56pm

Sick market

Can anybody explain to me why we have such a sick Canadian oil/gas market. Both Cardinal and surge announced excellent financial results today oil is up over 2dollars yet Cardinal is down .     It's most disappointing to continue seeing my portfolio go down.  Perhaps it's time to switch all my investments into usa  oil stocks.
Comment by bows333 on Aug 07, 2024 6:06pm
"In the short term, the stock is a democracy; in the long-term, it's a weighing machine." Buffet ""But when there is blood in the streets, even when the blood is your own." Baron von Rothschild (the original) CJ weighs well in the value scale. Not sure which US one you are considering, or how it weighs on the scale. There is value here. I own all I should have ...more  
Comment by bows333 on Aug 07, 2024 6:07pm
BUY when there is blood in the streets. I have fat fingers, I guess...
Comment by Quintessential1 on Aug 07, 2024 7:38pm
Well the only worse than owning SGY right now would be owning SGY and not getting a dividend tax credit or a capital gain or loss when you sold.  But you do you.  It seems to be working for you. GLTA
Comment by loopsbutterfly on Aug 08, 2024 9:04am
Increase DEBT doesn't build shareholder's value in the short term and that's why the stock is trading sideway...just put a low ball on it and wait for your order to be fill....dont chase the stock. I got a large stake with a low ball on it..  just hopes it can help you gracias    grinnnnn....
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