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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 > $5.60 , Support level?
View:
Post by Wildfury on Mar 02, 2022 3:36pm

$5.60 , Support level?

Looks like the line in the sand has been drawn at $5.60.WTI touching $112 and BTE is flat or negative, I've seen this movie before. The Q1 & Q2 reports will show a better picture, so be patient, enjoy the re runs for now and wait for the next film on Baytex, arriving in April 28th 2022. Keep in mind that Baytex is still up over 10% since last Fridays close. Nobody saw that coming, meaning Fridays 15% run. Someone is keeping this stock down, agree, many people shorting this stock, agree. It's time to dump this stock and move on, disagree.
Comment by Wildfury on Mar 02, 2022 3:45pm
Sorry, wrong board, at the moment WCP in my opinion is doing just fine, like Baytex and many others, if the model & game plan is solid, don't panic because the best is yet to come. Another 52 week high today at $10.11, will we see a new 52 week high close today? I say yes even if it's just pennies.
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