Post by
Anschutz on Feb 28, 2024 9:42am
Accumulation
Watching the price action of WCP over the last couple months, it looks to me that someone is quietly working to accumulate shares. Almost every day the price is pushed down at the open, heads lower most of the morning/early afternoon, then recovers near end of day. Still need to dig into daily trade desk transaction data to better understand who's buying/selling, but it's got my attention. Something is up.
Comment by
1condor on Mar 01, 2024 12:18pm
Just recently bought this stock and continue to add on weakness. This stock to me looks like a take over candidate at this level although I bought the stock based on its cheap metrics.
Comment by
Anschutz on Mar 01, 2024 11:21pm
Agree Condor. I keep reinvesting my dividends. Got my T5 today. Was actually surprised by how much WCP has paid me in 2023. I hope they don't get bought out. I am absolutely loving this cash machine. I've been buying dips since 2020.
Comment by
barneyj44 on Mar 01, 2024 11:37pm
I agree 100%, have held Wcp in my Rrsp for years. Love the monthly dividends.....