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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > A joke about Economists and Economics
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Post by WINDGOD46 on Nov 16, 2021 2:17pm

A joke about Economists and Economics

A student who graduated from Economics returned to University after 20 years to see his professors and old buddies. He then asked his professor how the science( Economics) is progressing. And the professor said " the questions are still the same the answers have changed". That shows the state of the art and the dangers lurking in the background in making predictions about the Economy and the markets, oil markets no withstanding.
Comment by dogatcat on Nov 16, 2021 2:55pm
Oil self-corrects, always.  It goes too high, cripples economies, they use less, and it comes back down.  The risk-reward scenario is now clearly tipped to the risky side.  Higher oil prices from here will start knocking major economies down - hell Biden is ready to open the spigot on the SPRs!    Statiscally speaking, oil prices have peaked and are bound to drop.  ...more  
Comment by WINDGOD46 on Nov 16, 2021 3:04pm
Hell, you are better than an economist man; you should not waste your time on these boards; you should have tenure in a University. 
Comment by dogatcat on Nov 16, 2021 3:16pm
Maybe I already do.  
Comment by WINDGOD46 on Nov 16, 2021 3:34pm
If "maybe you are" it's easy to find out by answering a couple of questions: Is Economics a science or an art, or even Witchcraft? And if it's a science what are the basic assumptions and  methods it employs to establish knowledge? That would be an easy question for a man of your stature to answer.Let us hear it. 
Comment by mlcb12345678910 on Nov 16, 2021 3:51pm
You must be from the Joseph Schacter school of oil forecasting...face the facts you have missed the run up. Trying to talk it down on this board will not help you make up for your mistake. Oil use to auto correct when USA Shale company CEO's comp was based on production growth. This is no longer the case. As a double check against CEO greed, banks are no longer a source of funding thanks to ...more  
Comment by WINDGOD46 on Nov 16, 2021 4:11pm
You seem to have come from the City Crier group helping as a side kick your fellow fool. Where is the tenure academic? fled the scene? To me he seems to be a fake and uses you to pull the snake out of the hole. Well, he cannot fool everybody all the time....Because there are some guys like myself around that can ground any fool who flies to the clouds and pretends to be somebody. With all due ...more  
Comment by 1970Craig on Nov 16, 2021 5:06pm
Thumbs up cause it true !  Well done !
Comment by dogatcat on Nov 17, 2021 10:01am
You have fallen in love with a stock that has had its' run-up.  Your words not mine.  Know when to sell.  Greedy pigs always get slaughtered.  The denoument is already here.  Going down.  
Comment by WINDGOD46 on Nov 17, 2021 10:43am
Are you the would be tenure academic joker? Thought you fled the scene yesterday when the going got tough. Go back to the cave and stay there. Don't come out because you disgrace the human race. 
Comment by Abouttime1 on Nov 17, 2021 11:18am
What price is it going down to? When? For how long? Then what? It's great that your here and can answer our crystal ball questions.
Comment by barneyj44 on Nov 17, 2021 11:27am
Whitecap may go down, may go up and may go sideways. If your not a trader who cares. That's the beauty of the monthly dividend and Drip program, you don't need to catch the highs or lows to be successful.
Comment by stocktalk on Nov 17, 2021 11:47am
Exactly Barney, if you are a trader then i would some issues. Long term smooth sailing and collect that divy. Thanks, for the like.
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