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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 > Another short squeeze?
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Post by WINDGOD46 on Dec 03, 2021 10:38am

Another short squeeze?

It seems so; after so much shorting hoopla and catastrophic rhetoric disseminated by the crime syndicate and its followers, shorts et al. Shorts were expecting that if OPEC+ would not cut back production, WTI would plunge in the depths of hell. Well, one more time the prophets of doom and gloom were proven wrong. OPEC+ did say we'll raise the Jan, production by 400bd, but focusing on the detail, they said that that was conditional on the pandemic situation and could be adjusted accordingly, meaning that the production cut back was on the cards. Well, what do you know.
Comment by 1970Craig on Dec 03, 2021 12:46pm
Well said !   Kinda reminds of the defacto leaders words for Opec.   Saudi Arabia's - MBS said in my words ....... it's been a year plus now but he has truly done everything and more this time around  since He and Opec + actually DID manage to get oil pricing back on track.       What he said was along the lines of this ". Don't try and figure ...more  
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