Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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... see more

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TSX:WCP - Post Discussion

Whitecap Resources Inc > I own 50,000 shares at $1.01

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Post by dogatcat on Dec 10, 2020 12:28am

I own 50,000 shares at $1.01

And they all said I was crazy :)

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Comment by Chad123 on Dec 10, 2020 1:55pm

You'd be crazy if your not taking money off the table.LOL

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Comment by Coolfireca on Dec 10, 2020 3:21pm

17 percent dividend yeild qt current divy! Why would he sell?? I'm in at similar point.. Wcp is only going to get stronger, and divy will only increase as oil gets squeezed to new highs in the coming years! Under investment in oil will drive oil prices higher, and wcp has what it takes to bring their share price to new highs in the coming years! Debt free in a couple years and walla... put ...more

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Comment by Chad123 on Dec 11, 2020 8:36am

Dont get me wrong....not saying to sell all . If you made a 4 bagger then selling 25% of your holding means you get back the original risk you invested and the rest of the stock you have is free. This way when the stock goes down...and it will go down....you still sleep at night quite nicely. You dont lose your money by taking money off the table. You lose your money by being greedy. Now ...more

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