RE:Confirmation Interesting. we predicted the price movement .
Retail investors do not be fooled by today profit taking of money managers and hedge funds, They know very well like us what is to come in the next few months,
Driving season is over, If another pnademy oil prices will go near $30 a barrel
And do not forget some firms live on retail investors misplaced enthusiasm.
And our firm counted many posts by hedge funds on this site alone.
Whitecap reached the peak when crude oil reached his peaked a few weeks ago.
Our computer program give 89 % the crude high we saw is the last one for years unless major factors.
Whitecap true traget price is low $3.86 high $6.05
our sofware calculates among other numbers the negative high e.p.s
And the over $900 millions revenue going to board of directors and high expenses to operate not only Whitecap ressources but also expenses booked in by company to cover expenses of their subsidaries,
Possible another pandemy is calculated by sofware and end of driving season is also part of the program analysis.
Note; major factors ( such as conflits or wars ) that could drive the price of crude oil up are not part of the program used to calculate true target price
Ian Barter Always for retail investors