RE:RE:WCP Long for a long time Happy for you , because there is a tonne of noise out there . So it takes strength to hang in there . I probably haven't been here as long as you. Long enough to have some days where I was looking in the mirror so to speak and thimking ? Are these numbers my imagination. Are they going to be debt free in under 3 years ? Is there divvy only 20 percent of there Free funds flow , is oil not over 55 dollars ?
Buffet always looks at the income statement , balance sheet , the market conditions . He loves The Noise becsuse it allows buying opportunities, and greed for selling. I am telling myself to chill out so to speak. It's one good day. We were here a couple of months ago. We all got some nice dividends and if we reinvented we have now made money on the divvy over the last 2 months.
One last comment. In relation to say Baytex they were at 2 bucks. They are over 3. I know they have more torq to oil moving higher . However if we compare the relationship to there upward movement we are over here at Whitecap a 9 dollar share.
We also bought other companies so there should be at some point , a lift based on not one company doing well but the whole As one company. I just don't know what that is. Just some common sense we should see some extra lift for the other companies we bought. Especially the gassy one.
Anyway I am very happy for everyone who is doing well today. I believe and said we are going to test 52 week highs going into 3 quarter results. I don't think this is rocket science that it should probably already be somewhere between 8 and 9.
I also think Raymond James , othere are probably privy to the management of WCP and while they aren't supposed To get inside info. They are likely to get a better feeling of what is coming. Always skeptical that they pump stock to sell there own. But Raymond is talking A 10 dollar per share price . So we can probably Feel good until much higher levels.
Good luck everyone