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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth 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... see more

TSX:WCP - Post Discussion

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Post by Oilgasstock on Feb 26, 2021 10:28am

Shorts

Looks like shorts are setting up to cover.
Comment by itsalie on Feb 26, 2021 11:19am
how did you come to that conclusion, we're down 7%
Comment by Oilgasstock on Feb 26, 2021 11:42am
Let's wait for the covering. Shorts create panic make it go down and cover on the way up.
Comment by mlcb2525 on Feb 26, 2021 12:44pm
What has this got to do with shorts ? The stock market is down due to an increase in the 10 year bond. Everyone has been talking about this risk since the start of the year. It is not so much the fact that rates are at 1.50% (still negative after inflation) it has more to do with how quickly they increased this week. Shorts know how retail investors panick at the first sign of trouble. Cannot ...more  
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