Whitecap Resources Inc T.WCP

Whitecaps buying

[1970Craig]

What I am seeing is or what I think I am seeing , is the stock seems to get support under 7.50 per share.   

   You know my gut thinks whitecap is buying , it ran up they stopped buying and it pulled back.   

    The other reason I believe this is the case is this Grant fellow seems to do what he says he will do . He had already increased the divvy and yes he bought some shares but no where near the 30 plus million he can buy
   Time will tell but if he can shake non believers slowly everyday to give us there shares back under 8 than this is  good  

      Yes this stock might be boring Compared to some others .  There is a reason they teach us as kids the TOURTOUSE ( turtle ) and the HAIR ( rabbit ) fable when
we are young  
          If you remember this and you have been around a while.   You will know exactly what I mean   

       All in all things look good 
C

[bassfishing88]

 Your scenario is possible but here is the problem I am seeing right now. These stocks  mostly move with algo's,institutional buying  and retail buying as well.If we look at the 12 month target placed by analysts it has one of the highest % gain of all the oil/gas plays.Therefore it should be leading the pack not laging as the return should be one of the best if the price target

[1970Craig]

I totally agree it should be higher and it certainly does seem to have lagged the others.   I don't know why it's not closer to the target price , and when is said ot was a gut feeling that's all it is , but based on some feeling that the shares are probably if the analysts are right not be this low possibly ever again .  So if it was my plan as CEO to buy back shares

[Wildfury]

Greetings 1970, as I posted last week after Whitecaps earnings, quote, don't be surprised if WCP lingers around the $7.50 range for a while, up 10-20 cents, down 10-20 cents. This is exactly happening now with the SP. Oil price still over $80 and possibly heading to $120 as per the media suggests. WCP will rise as long as commodity prices stay high and holders that get anxious because the

[Fredthereferee]

Remember "Buy Right, Sit Tight". I have been adding to my WCP shares everywhere, RRSP, TFSA, etc.

[masfortuna]

Hey Craig!  They should have taught you how to spell as well :P ***tortoise Mas

[1970Craig]

Hey Rome wasn't built in a day !!  lol.  Thank for pointing that out.     See I actually learnt something today !  Also remembered something to !   I don't spell well ! 

[masfortuna]

It's all good mate. When I read your post I was actually confused for about 10 seconds until I figured out what fable you were referring to lol. As for wcp, I will nmake a bold prediction and say that we will be back at $8 within 1 week. Mas

[dogatcat]

Trudeau talking about capping production and taxing oil producers durectly per barrel produced, will kill all Canadian production.    Be careful here....clown boy JT wants all oil in Canada to be imported in 5 years.  

[1970Craig]

I agree. Bold is good !!     Is it just me or do you notice they  seem to be making a story out of Cushing levels being low , this is the delivery point for crude contracts.     I read a  build for oil , draw downs on distillates ext...           So my hunch is Cushing could be the catalyst that puts us over 85 and on the way to 90