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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Comment by baranjaon Dec 12, 2023 9:07am
121 Views
Post# 35779581

RE:The fallacy of trading

RE:The fallacy of trading First they attack commodities, crash the prices, then the next, taking heads try to jusfity it as "inflation", "recession", ....

WINDGOD46 wrote: The  Crime Syndicate want us to believe that their trading is based either on the technicals or the general (global) trend of the market. When they want to short the market they appeal to the possible recession. The next day though they go long claiming the market is on a bull mode. That way they can evade the sting of manipulating the market. For how is it possible to change prediction of the market from one day to the next? Yet the market manipulators use these formulas to manipulate the market with a perfect excuse.To the question why you're shorting the market, their answer would be "because we are going into a recession". To the question why you're are going long the market, their answer would be "because the market has turned" and the day after  everybody has gone long, they short the market again because we are going into a recession. And the influence of the big money in the market is so great that everyone follows the herd like sheep to the slaughter. So folks beware the crooks bearing gifts.



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