Whitecap Resources Inc T.WCP

Inventory numbers

[1970Craig]

I think we are going to see a lull here , minor pullback . Unless we get a nice inventory draw , the last 2 weeks have been gains in stocks . They are calling for a 100 k barrel gain.  So fairly flat.   So I am hoping we show a nice draw.   We have had a nice run of late and it feels like there will some profit taking ?  

    The current bid is 7.41.   This is early and the market does not open for 2 more hours.  However it's lower than the previous close.  I don't see much out there ther coukd cause this rally to continue.  Except time with a good trading range for oil.  Just feels different right here and I think we could see a sell off and some consolidation. 

All is good and it's just a thought.  No real reason , more a guy feeling.  Although not unlogical 

Good luck all
C

[itsalie]

  3rd quarter numbers can't come quick enough. I'm not sure how there can be a major sell off with those numbers 3 weeks away. All oil stocks will have crazy good numbers 

[1970Craig]

I agree 100 percent.  I just thought ot might catch its breath so to speak.   I feel as you do that 3rd quarter reporting is a catalyst.    I for one am excited and the week before is always like Christmas for me.  I love going through the numbers.  Even when they aren't going to be great.    This earnings announcement is for sure the most exciting or