Whitecap Resources Inc T.WCP

The reason wcp is down???

[bassfishing88]

CVE,VET,MEG,CPG ARX are all up and WCP can't go green.Do you think it is because the big fund is still selling or is there anther reason for this discrepency ?

[TheBridge]

Bass, are you not reading CriticalMind 55's post ? He's got the answers.

[baranja]

It is me. Every stock I go in to,. SP goes to sht. Guarnteed.

[barneyj44]

Ha ha Baranja its not you I have that effect on stocks as well. Hang tight as Whitecap has a lot of runway once the funds ( that were overweight) with the mergers of Torc and Nal are done rebalancing.

[baranja]

I would need to become George Castanza from Seinfield, to do everything opposite of what I think,. that would make me more sucessfully in investing.

[Anschutz]

WCP held up better yesterday as it was the last day to buy to collect the dividend. It traded ex-dividend today. Not unusual in my books to see sp sell down on ex-div date.  That being said WCP held up well today and would have been green had it not come under pressure during the last 15 min of the day. Long and strong. More good news coming for shareholders.

[1970Craig]

Long and strong , but to see Vermillion up 10 percent , the other usual suspects eak out small gains , and whitecap down 1 percent.   We need pep talks for sure.      I just keep thinking did we not buy these other companies and Torq it was a good company. Where is the love.         My gut is telling me Whitecap is buying right now.  My gut is

[Galou10]

If you go to the CANADIAN INSIDER web site you can see that Whitecap resources has bought 3,096,700 shares and cancelled them on AUG 5TH , so your assumption is correct.

[Moemoney42]

Yes thats quite often the result of ex-div... the share price drops the value of the divi.. so sometimes is a zero sum gain.. if others moved up and the divi payers lose a step the same day like what happened yesterday.. :-/

[schoolinmoe42]

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