Whitecap Resources Inc SPGYF

Not again

[DivChase]

From best performing stock early in the day to worst at close.

[DivChase]

Worst performing stock this morning.  Maybe it will be best by close. Somehow I very much doubt it.  

[DivChase]

Wife has finally had it with this chronic underperforming stock as well.  Also she laughed at Grants goal to get the div yield between 4 and 5% by increasing SP.   she laughed because he has no plan.  She agreed to dump this shiza at 10.50.  I'm eager to get this done cause this will be a 10$ stock forever.(see last decade)  Wasn't able to dump yet this morning but

[traderbri]

Well it hit $10.52, you must be out. Sorry to see you go. Its still a good stock to hold for the long term, with a juicy dividend. Cheers  

[DivChase]

10.51.   I hope I'm wrong and it's a 12$ stock.  Good luck to all.   I just feel an oil major is the way to go.  Especially once the differential really starts to narrow. 

[baranja]

If you are looking for capital appreciation, major is maybe not your best bet. I would not sell WCP,  I call WCP @ $12 before November.

[DivChase]

I hear Ya!   Normally I thought same.   Something has changed though.  Look a 1 year comparison between WCP and SU, IMO, CNQ.   I know it's a narrow window,   But in my opinion, the expected narrowing of the  oil price differential due to TMX will be a driving factor for oilsands for at least 2 years of outperforming capital gains.  And thier dividends are

[Anschutz]

I think the only way we see WCP there by November is if war breaks out in the ME.  There's definitely forces on both sides trying to raise/lower the price.  It's going to be a wild fall.

[DivChase]

Boom.   God ridden