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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

Whitecap Resources Inc > Market parasites at work again
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Post by WINDGOD46 on Jul 22, 2021 11:36am

Market parasites at work again

While WTI stil going up, market parasites, shorts, daytraders et al. push the oil stocks down by shorting them; just notice the low volume. So what matters is the company revenues and profits that will make these parasites to lose their shorts. As the saying goes: " every dog has itsday".
Comment by mlcb2525 on Jul 23, 2021 11:01am
It is not the parasites who are causing the stock price to go down. As long as there are weak hands (and there are plenty in the Canadian O&G sector), they will continue to take advantage of the people who do not have the courage of their conviction. The longer they sell when oil is on the uptick and macro factors are favorable, the bigger the blow out will be on the upside. I am planning on ...more  
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