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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is a Canadian clean energy company. The Company is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Post by WINDGOD46on Dec 08, 2021 1:59pm
289 Views
Post# 34211355

Pushing their luck

Pushing their luckDay traders who try to live off the fat of the market, instead of getting a real job, have hard time making a buck these days. At least that was the opinion of John O"connel today on  BNN; he urged his audience instead to go investing long term. That would be anathema to short traders, day traders, market makers and all the parasitic bunch who dominate the market every single day. "da ytraders do not make any money" these days, said Mr O"connel. Case in point today when the WTI is still up, day traders try to push their luck and push this stock down. What can anyone say about these people? The adage " desperate people do desperate things" comes to mind, a mild  version of the farmer's syndrome who won the lottery and spent it all on farming we have talked before. Have a good day.
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