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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

Whitecap Resources Inc > Suspicious Timing
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Post by Arbourmark on Nov 26, 2021 11:13am

Suspicious Timing

I find the timing of the new Covid-19 variant news release yesterday very suspicious at best with US markets closed and today shortened trading in US markets.

There are 100 reported cases of new variant and WHO needs about a month to analyze and evaluate. South Africa has one of the world's lowest vaccine rates at 24%


Biden tried to manipulate oil prices by release of strategic reserves which failed.

I am sure WHO and CDC and world leaders have known about this new variant for awhile. These governments were working together to release oil reserves and are working together on the highly suspicious timing of news yesterday. Many traders are off today for long weekend. 

Biden and the other governments co-ordinated the timing of the news release and border closing to certain countries.

Oil dropped $10 today last I saw at $70.

The chess game continues and we will see how OPEC+ responds to the news and oil pice drop.

Comment by BigJake on Nov 26, 2021 5:11pm
CNN reports that WHO was aware of this variant on November 11th so your suspicions are very much warranted
Comment by grosso on Nov 28, 2021 12:55pm
I could not agree more with your post. Biden and his administration could not get there way, Biden and some off his allies anounce strategic reserves but that backed fired. Couple days later they pulled a dirty move by anouncing the Variant, well that worked! Massive selloff on everything. Corruption at its best!
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