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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

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Post by Grandcentral on Jul 22, 2021 9:24pm

Accept it

I've come to terms with how hedge funds play the game. When a great company is outperforming, but the stock is dragging, you need to ask yourself why... someone or something is causing it, or both. No doubt the media has put more fear in peoples minds with the Delta variant (the something (opec too, see attached article), and the stocks that are about to announce tremendous results get hammered by hedge funds (the someone). It's nothing more than an opportunist cash grab on a news event that hits a PTSD nerve. The fear will fade, and the funds will have reloaded at a nice low buy back. It's the compounding, pounding, pounding, and pounding that wears out shareholders and rewards the funds. Like many small retail investors say 'rinse and repeat' the big funds do it in a very large scale. Take out commodity prices, entire sector drops, panic sets in, pound it down, and take advantage.
The reality is, these are blips, because they can't actually hold a bull market down - just a quick "grab and dash" - should get 5 to 10 years for theft as far as I'm concerned, but... I've learned to live with it and wait out the temporary blips.
https://oilprice.com/Energy/Oil-Prices/Hedge-Funds-Won-Big-On-OPEC-Spat.html
IMO and GLTA
Comment by WINDGOD46 on Jul 22, 2021 10:01pm
These market games are not designed for the little guys pal; these guys do not expect you, the retail "investor" to play the game; that is why they eat you for breakfast every time.To be an "investor" and compete with these  crooks,also respected by society by the euphimism of "job creators", you need to be a better gambler and a more sophisticated crook and a ...more  
Comment by Grandcentral on Jul 22, 2021 11:17pm
You only really lose value if you sell, or are forced to sell. We will spring back from this blip. Holding very strong for an exceptional future. GLTA
Comment by Moemoney42 on Jul 23, 2021 2:00pm
I agree GC.. which is why I've bought the fear trade on Monday.. didn't catch the perfect low but very near it with CPG that day.. like you said.. knowing how the hedge funds play the game and realizing us retails can't effect the trend you just have to play along.. seen too many of these one day dips not to realize that within a couple/few days the fear will all be erased and history. ...more  
Comment by RedDeerMoe42 on Jul 25, 2021 12:21pm
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Comment by RedDeerMoe42 on Jul 26, 2021 10:49am
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Comment by Moemoney42 on Jul 26, 2021 10:55am
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Comment by Moemoney42 on Jul 26, 2021 10:58am
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