RE:This stock is severly undervalued Have to reply to this. I had BTE ( Baytex ) - VET ( Vermillion ) -SGE (Surge) - CJ ( Cardinal) - and ATH ( Athabasca ) all just off the bottoms. I like others did well . I had actually thought the valuations in comparison to others were unreasonably high , and I had made enough that I didn't want to see a reversal as I thought it ran beyond reason . So I sold my stake in BTE , sold my stake in Surge , and vermillion , and took all of that and went into whitecap . It has done one thing and that is pay a dividend , raised a dividend so I am making over 5 percent on my original investment .
At first the prices did back off , but then they went up , whitecap as we know didn't . We had a run in October, but not like others , and again now , vermillion is at 19 dollars ? Baytex is over 4 dollars , and Surge is the only one that I didn't look wrong on . As I mentioned before i Just got back into surge under 5 , and I took a nice tidy position as it is amd even after a rise of 10 percent yesterday it isn't at all where it should be . This stock actually will need to show earnings before it's appreciated due to its past performance related to hedging .
Anyway , if said how many shares I had in Vermillion and my ACB and what it's at now , and same as Baytex
As it sits today I would be far ahead with those . It's as my accountant always says " it's just a moment in time "
and in another moment it will or could be far different
I do believe we will in time at these comparisons and we will be appreciated for the aquisitions , and ecem
thr Carbon sequestering, and with another dividend increase as well , we will see more of the general investors than the others and we will be the RIGHT MOVE .
I believe if it comes to easy it won't stick. If it's earned the money you make becomes forever money. With whitecap as a investor your not gambling. Your actually buying a good quality company , that does the right things , and there decisions don't cause spikes like gas on a fire , there decisions are planting the forest so we have something to throw gas on.
So are gains will stick , and in these situations what will happen is something unexpected will happen throigh Always doing the right thing , that causes a spike like gas on a fire. It's when all the little things combust at the exact same time . Only someone who knows what I mean will understand what I am saying.
Easy come easy go - Won't stick.
The fable of turtle and the rabbit. - whitecap.
Craig.