Whitecap Resources Inc T.WCP

Volatility WCP

[stocktalk]

So sensitive to all issues in life. Geo political. interest rates and wti. etc..

Can we make any profit at this point ??

When are we going to break out like the big boys ?? or is this it ??

[dogatcat]

White Cap never run up and now will crash back down to earth.  It goes to $8 before it sees $10 again.  Oil heading sub $100 today.  Possible cease-fire.  Then the world forgets and buys Russian oil again.  

[1970Craig]

Dude ?  That is a bit harsh ?  People  will buy back in when the war is settled who wants to be a war profiteer.  If anything this entire situation brought attention to the fact , we are in short supply Russia or not , and even more so GEO POLITICALLY we found out in Europe one source or one major source for your energy needs doest work , so this is positive for North America.

[tollycraft]

I dont agree.  I think this was an excellant wake up call to positivly confirm to the  WORLD that Putin cant be trusted, and its time to look for alternative sources.  This in itself should push Canadian oil stocks up. Its been an ugly ride at times however, that does'nt change the value this stock holds. We will be making our move soon.  

[WINDGOD46]

Hung in there, pal. That is what I am doing; I own 55k of WCP. : when they reduce the float and the debt, they will likely raise the Dividend again and the stock will reveal its value in the market. Besides, they may spin out the carbon capture business and that would be a plus. Remember the break even price is $45 WTI so we have a lot of wiggle room to play with. GL

[dogatcat]

Oil down big this morning.   WCP does not react well.  Tells you the downside risk is very large.  

[Kylejtm]

Volatility = opportunity. Macro remains intact.

[traderbri]

Who said WCP moves like molassas. Cheers