RE:It is funny and sadYeah I just signed on here 2 days ago and have noticed this too. Also people saying the dividend is safer in Cardinal at 50 bucks WTI than WCP.. Its very amusing. Do you think its just the same people using different aliases? Short people?
First time invested in WCP and in oil for that matter. It looks like a sure bet to me cause of this deal. I dont think institutional buyers will be clamoring for a better dividend. They stopped investing because they dont see growth in OIL and GAS industry due to climate change policy. They will change thier minds and when they do they will go after the companies they think will grow either organically or through aquistion or both AND have a good environmental record like WCP.
I have to refute another poster who claims aquisitions at this time do not increase share price or value. He seems to have a crystal ball telling him that oil prices are going down. Maybe Y, maybe N
People whine and say thay are switching to Cardinal or whatever and use above 2 arguements (dividends delays and aquisition value arguement). They always mention WHAT IF oil goes down to 50$ or something rediculous.
1) Cardinal will crater as much or worse than WCP if oil goes to 50$ (knock on your head)
2) Why do you think oil is headed that low anyways. It could go up. Went up today. Most recessions dont even reduce demand significantly and oil has the best setup for future pricing in decades if not in history. (it has been reported demand even usually increases through recessions)
Anyways, those are nonsensical negative arguements since there are new investors like me to replace the Old Guy pissed about the fact his divy when up 22% instead of 50%
Im in this for close to 1.3 million$ of my own money. I feel safe here.
Good luck. I sense share price appreciation and divy increases on regular basis here!!