The prairie advantage Those of us that live in the prairie provinces know first hand how well the oil and gas industry is doing - sometimes I take this for granted, and loose sight of why things disconnect from reality.
The sky is not falling in the oil and gas sector as some might be preaching (but the complete opposite) - what is the motivation of these false prophets? Steal your shares is my best guess - we are about to witness a massive rotation into oil and gas. What we've witnessed recently, was the coordinated weakening of the entire sector to facilitate this rotation at a more advantageous price point.
Summer is often a time of weak stock performance, so no better time to execute the undermining of commodities and stocks to increase buying opportunities with lower SP and larger volumes as we recover.
I believe the opportunities are now, and can't see much more disconnect from fundamentals than we are seeing today.
I look forward to the rotation, and energy rally.
WCP has a massive runway.
It won't be far off now.
IMO and GLTA