Whitecap Resources Inc T.WCP

Down Again

[bonjovi501]

we were ahead of CPG big time at one time and now CPG is within .40 and maybe will pass us. Never thought I would see that again as WCP is a lot better company.

[IanBarter]

You are right the company is ok    but  if you would know the market maker......    get ready for a lot more down next week.     Ian Barter

[barneyj44]

Agree Bonjovi, Cpg is gaining traction and we've blown a tire. I've been a holder of Whitecap for at least 4 years and it has a habit of disappointing me fairly often and the last week has been one of those times... Maybe Insiders are pricing there options. Lol

[MissUppercut]

Simple solution .... sell WCP and buy into something that won't disappoint you then you can live happily ever after !!

[barneyj44]

Missuppercut next  run Whitecap makes I will be selling a portion of my holdings to diversify a little. Thanks for looking out for me. My position has me fairly over weight in Wcp with all the cost averaging I have done these past 4 years...

[Anschutz]

F the market manipulators. I bought in last spring and getting a reliable bullet proof +13% dividend. Market makers can play their games circle jerking shares between themselves. I make money regardless.  WCP can pay off debt, buy back shares and increase the dividend with the FCF they are generating.  Americans will enjoy $5 gallon gas this summer thanks to Jo Jo Biden.

[barneyj44]

$5 a gallon that's a bargain , paying $1.44 a litre * 4.5 = $6.48 a gallon here on Vancouver Island...U.S national average is $2.83 / 3.73 litres = .75 cents a litre. Trudeau is carbon taxing the working class to death. 

[Anschutz]

Yeah but people on the west coast appreciate higher energy costs and carbon taxes. I know people personally who are thankful the border remains closed as it stops the fake environmentalists from skipping across the line for cheap gas. Now if BC would just stop cutting down trees and do something about all the coal they export it would be the perfect place to live. LOL!

[barneyj44]

Anschutz I live in Port Alberni on the West coast and you should see the raw log exports happening here, sometimes up to two freighters a week shipping raw logs. Meanwhile our local saw mills have been shuttered except for one. Hoping Wcp has a better week. If I didn't have such a big position (at least for me) I would most likely be adding.

[Backinblack1000]

This post has been removed in accordance with Community Policy

[filefish]

The downtick started just after the consolidation date with Torc. I have a suspicion that the selling has someting to do with TOG shareholders and management, and possibly CPPB lightening up their positions on WCP. Not me, I am staying right here.

[Anschutz]

Haha... yes might just need to rachet things up a bit and start advocating for a dividend increase. Rising yield is what will cause investors to stampede back to the sector and what greens and shorters like Ian are afraid of. Dynastic wealth generation is the silver bullet that can defeat all their plans to turn Canada into an economic third world country.

[Backinblack1000]

This post has been removed in accordance with Community Policy

[barneyj44]

ha ha it did work I bought more . I After all these years I've become attached and don't want to give up my love hate relationship yet.

[MissUppercut]

Considering CPG was a $47.00 stock 7 years ago compared to WCP's $16.50 it should be well ahead of WCP right now .... never mind  50 cents !!!!

[summerb37]

  Forget dividend increases.  WCP needs to buy back cheap shares and pay down debt.  That is the only way that your/our  investment isn't going to erode overtime.   Everyone knows these types of stocks are now considered the new sin stock, so a lot of investors are generally not interested.  Even fund managers/analysts have even been driven out of this area of