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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 > Nothing New
View:
Post by tollycraft on Nov 14, 2022 11:56am

Nothing New

This stock will never cease to amaze me.  Yes, I know I probably watch it too close (even though I've had others tell me to stop doing that) but it just seems we start to gain some ground and back we go.  Not alll  small cap oil stocks are down this morning I just done know why we seem to lead the pack most of the time, not all the time, but most of the time.  I hope management does something soon to help us out here, dividend increase announcement, special dividend, something to generate some genuine interest to jump in here and support this stock.  I'm aware of the quality of this company or I would'nt be here. They have great cash flow, they have invested in sustainability with the acquisition of 
XTO and brought it on line fairly quickly, they have the best CO2 sequestration system in the world (but don't seem to market that very importatnt fact).  In my opinion its time for management to stand up here and give investors a reason to invest!!  Dividend increase or special dividend would be a good place to start.  IMHO.

GLTA
Comment by 1970Craig on Nov 14, 2022 12:28pm
Tolley hang in there !!  It's darkest before the dawn and it's just about dawn.  This is going to pop and it's going to pop nicely this week.  I was wrong on today.  But this is mr market playing with the week hands again.    Hang on.  You will get paid.  Look at me Pierre I am being patient. !!   Miracles all around.    13 by ...more  
Comment by tollycraft on Nov 14, 2022 2:44pm
It's good to hear confidence from both you guys.  I too am confident, but not as patient!!  I guess this stock has been so bla bla for a pretty long time now, I mean the last couple of months.  I am hoping we close today above 11.30 as that may be a much better start tomorrow on the off chance they do make the announcement of an increase, better than coming back from 11.or lower ...more  
Comment by pierrelebel on Nov 14, 2022 3:14pm
"..I do really think we could hit 13 by the end of the month though." Frankly I do not see it (unless WTI goes to US$100). Even a dividend increase of $0.01/$0.012 per month will NOT move the stock as the increase is highly anticipated (this month or next). As stated before I expect the shares to trade at $15+ before the end of next year, not next week, not next month, not next ...more  
Comment by jimgeorge on Nov 14, 2022 6:19pm
"Pretty long time"?  A couple of months?  Seriously? A pretty long time is 10 years.  Go day trade some crypto if you don't like investing..,,
Comment by tollycraft on Nov 14, 2022 7:19pm
Holy cow Jim, I didnt realize no one was allowed to voice an opinion on this board but you. Your'e class act you are. GLTA
Comment by jimgeorge on Nov 15, 2022 2:48am
Sorry if that sounded mean!  My point was just that WCP is not really meant for short term trading, it is a long term hold with great assets and great management.  Just my opinion (lol)
Comment by tollycraft on Nov 15, 2022 6:55am
I agree Jim, WCP is not for short term trading and also agree on your assement of this company.  I have been, and remain long.  I guess I've been waiting for that "pop" and should know these up and down swings are normal.  Good luck to you and all longs on this board. Mr Impatient
Comment by 1970Craig on Nov 14, 2022 8:31pm
  I know that generally people who rip other people are generally having a bad day themselves.  Or maybe there just having a bad moment ?   Either way , I am glad I don't feel the need to berate someone ?      I always think there is a nicer way to say something in these cases and if it was done right maybe the guy leans something. Rather than be called into ...more  
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