Whitecap Resources Inc T.WCP

Consolidation

[Dogsbreakfast4U]

The stock has been consolidating above $10. If oil stays in the current range WCP will be above $12 before the end of the month.

[dogatcat]

It is going lower

[pierrelebel]

Dogsbreakfast4U  wrote "If oil stays in the current range WCP will be above $12 before the end of the month." As an investor, I try to avoid week to week or month to month "predictions".  I find it easier (and safer) to look at the longer term.  Last summer, when WCP traded around $7, I projected a price of $10-$11 within a year or so.  More recently, with

[Dogsbreakfast4U]

As someone who was heavily  invested in oil and gas stocks from 2008 to 2014 and who made a ton of money only to saw it twiindle to almost nothing because I was too "patient" (I did sell enough) I have learned the painful lesson that when one invests in commodities the key is to sell before the end of the cycle and park your money someone else. I recuperated a lot of the money I

[1970Craig]

I agree.  If you read my posts.  It's not that I don't beleive , I just would rather leave meat on the bone for the next share holder  , and insure I made out well.  I have actually hung omndven thiugh I said I would originally sell at 9.5 being a very very nice gain , but fundamentals were just way to good , and the  talk had just begun about Putin's troops

[barneyj44]

Agree Dog patience should be rewarded. I ended selling a couple of my winners Bte, Crew and Birchcliff only to watch them climb to yearly highs, Not regretting those sales as I like many others have made  the mistake of holding too long. My long haulers are my dividend payers Wcp ,Arx and Cpg which I hope raises there Dividend. Nice draws on crude, distillates and gasoline , whether our

[1970Craig]

Well said Pierre. !! That being said I feel we are going to move higher over the next 1 to 2 weeks.   Like you said , and I agree if oil WTI  stay above 95 or close to it for a few more months debt will be so under control , won't matter if we go back to 80. I think if it did drop back to 70 or 80 in the last quarter 2022 and I don't see that but other than a large drop