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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 > Interested to hear from you
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Post by Kylejtm on Jun 06, 2022 10:00am

Interested to hear from you

I'm interested to hear from anyone shorting WCP. Was a lot of chatter from this faction a few weeks ago, but it seems quiet on the shorting front. Are you still short, doubling down, waiting for Q2 results to drop? K
Comment by traderbri on Jun 06, 2022 10:32am
Shorts are decreasing. They are realising it's a lost cause. haha. Cheers Short Positions for WCP Symbol Report Date Volume Change Shares Issued % Float T : WCP 2022-05-31 6,160,370 -3,165,033 618,389,497 1.00 T : WCP  ...more  
Comment by baranja on Jun 06, 2022 10:34am
There is no shorting in oil and gas.  There is only minimal number of shares shorted.
Comment by Rileym7833 on Jun 06, 2022 11:33am
After the day with an 11% dip I can't say I necessarily shorted but I've been hedging with OTM calls to reduce volatility and the risk of a margin call. I'm still net heavily bullish I just needed to address the volatility. I can see some shorts taking place for a similar reason. I'd love to hear about other strategies.
Comment by Rileym7833 on Jun 06, 2022 11:34am
***hedging by selling otm calls.
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