RE:RE:RE:RE:Even on Ex-Dividend We Lagtraderbri wrote: There is really nothing wrong with wcp, It's just not the flavor of the day/month.
The day is coming where there will be solid buying instead just a few picking at the ask.
Like Craig mentioned he lightened up at $11 not out of fear but just taking a bit of profit off the table, myself, I have been tempted also but I feel a bigger payday is coming and will keep the faith while oil prices are so strong.
Cheers
I"m in the same camp as you. Craig did the smart thing for him, to take profit off the table and now from what I understand he's in a can't really lose situation (he could lose more profit of course but he's reduced his risk). I dont want to ring the same old bell but things haven't changed, demand growing by the day, supply's still short and will remain short. I've found WCP does not make any promise's that they cant keep, if anything they report very conservative which is what I prefer ,and if they exceed expectations, thats a bonus for us wiith share value and dividends. I bought in for the long haul and staying put. Indications to date is the price of oil is going to remain at least above $90.00, lets not forget, WCP could continue to pay the present divident at $45.00 a barrel and that should tell all the company is solid and will contiue to be a reputable player.
GLTA