WCP - SECTOR - TIME TO BUY Stocks in our sector ( Energy - Gas - Oil ) went up massively by all accounts , and with WCP we got to $12.70 , other names did better , but we have far, far more promise in WCP . To many reasons to list.
Either way today ramble is simple , just a thought. We ran up to $12 plus dollars , people began pulling there money off the table , to be safe , in the entire sector! This as always spurs a bit of panic , and we do this to find a bottom ! Then most of the people who sold , along with a growing number of new investors ( waking up to the party ) begin buying back in ........thus creating a little bump , then because reality is only fear happened , the price of oil is excellent, the price of gas is insane ! So it was money coming out to take profit , spurred on or started with some news , and not actual KPI 's.
So here we are and this is just a gift .......a total gift at these prices. We are basically pegged to get to $16 dollars in the next 12 months. I feel sooner actually !! If the price of oil stays above $90. Either way ? We get to $12 to $18 in time , with oil above $65.
Regardless the sell of happened , we found a real bottom , we had buy in again and we now have Opportunity. . If your patient you might get this low 9 's even in the 8ths. . It's summer !!
I just feel this is a amazing entry point and nothing is safe but we are 40 plus dollars from still making money !!
So I feel WCP should be the top pick for anyone willing to stick it out 4 months even , and long term this could change your life. Those are ifs so don't buy this line !! However , I think it's inevitable money flows back in , and in a big way , hence $16 dollars sooner than later. We are going to swallow a 20 year asset in 2 years or less possibly. ( XTO)
So that is my ramble if I made some as usual errors with my ramble. I do apologize if this drives you nuts. It drives my wife absolutely batty , but hey she is the smart one !!
Good night and once again nothing I say should be taken seriously , I am a fool , and I have zero idea what I am even talking about !! Lol
Craig