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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 > Sector out preform.
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Post by 1970Craig on Jan 11, 2022 1:39pm

Sector out preform.

Today on the business radio network BNN -  I had a analyst actually say what I was thinking and that is the other sectors are all as high as they can go and with the tightening of monetary policy -and interest rate hikes coming  there is going to be a correction .   Just think about this ?  Sure lots will be on cash or dry powder , but no one in there right mind is going to ignore energy , not just Eric Nuttall .......there has been a few of these analysts say the general investor will be coming to the Oily side .  Once again who are you going to invest in of your worried the green movement ?  Carbon Sequestering, imagine Bob telling his friend John I actually invested in a oil company ?  John says " no you didn't "   Bob says " yes I did ,   in fact I found a company that actually emits net negative Carbon and even has signed commitments to help others do the same !"  

      I really am beginning to think there is a possibility we are seeing energy as the flavour of the year and this is just a beginning .  Imagine just some of those other sectors selling off , how much money is out there ?  It's just massive and if we take even 5 percent of it and put it  into energy this will cause energy stocks in my opinion to reach there full potential and really I think it could get silly  . FOMO is going to take place and it's could above anything you would think  .  

        Gamble said we would be on a tear this month.  Haven't seen him post in a bit. He must be on holidays !  Either way Gamble miss your posts !   Looking very much like a profit !  On both meanings of the word !!  

   Happy for everyone   Especially me !!  Man oh man this puppy has been good !  

    CHOO CHOO.

Comment by Wildfury on Jan 11, 2022 4:10pm
Craig, I told you before buddy, patience, patience, patience. That guy that posted last week that he didn't like the performance of WCP so he sold and said that he would be eating crow which I said, quote-would you like some BBQ sauce with that. We'll forget that, how's about some WCP red-hot sauce!! Go Whitecap.
Comment by JSSAYN on Jan 11, 2022 5:35pm
Hi Wildfury, I am that Guy. Firstly in all honesty I am extatically happy for everyone that has made some significant gains in the last little bit here with WCP. Craig, if you are reading this, i am double and triple exstatic for you, as you are an exceptionally good soul. Truth be know after my original post i sold a bunch more WCP and also again today. Today was especially fun as i really feel ...more  
Comment by barneyj44 on Jan 11, 2022 5:56pm
Jssayn sounds a bit like my portfolio, I'm at about 60% Oil and Gas. I'm still holding Wcp, Arc. Cpg and Birchcliff. I feel were in the sweet spot and in for either a dividend raise or special dividend if the price of O&G hangs in there. Your never wrong taking profits , there's always another trade around the corner.
Comment by JSSAYN on Jan 11, 2022 6:08pm
Barney, you are another soul I wish Mega returns for. In all honesty, i trully believe these, your, stocks will continue to climb. At the weighting I was holding especially in WCP, each 1 cent move was well in excess of $1,000.00 It was aking me go bonkers. So, in saying that, when we would fluctuate say minus 1 dollar, 100K would just be puff.  Good one for you on CPG, ARC and Bir. All the ...more  
Comment by barneyj44 on Jan 11, 2022 6:49pm
Thanks for the kind words Jssayn, keep making money.
Comment by 1970Craig on Jan 11, 2022 6:04pm
Thank you and I am also un even in my portfolio , I am not ready to sell as I see more coming.  Could ride a few bumps and honestly I think if you sold and made money and what you made is what you are happy with than it's awesome.  Also I have chased money and had so much going on not long ago it nearly cost me much more than money.  My family.  So sleep and risk must be ...more  
Comment by Wildfury on Jan 11, 2022 9:21pm
No problem jassayn, I have all my money in O&G, 100%, nothing is going to make money in Tech, weed, or anything else like energy will in the next few years at least. I feel very comfortable about the sector because I've done my research and it's all pointing upwards, then down a bit then up again, then down a bit, then, you get the idea. The Tech money & Crypto will be changing ...more  
Comment by alvarez2 on Jan 11, 2022 9:37pm
Lot's of liquidity in the system these days looking for a place to go and everything else outside of the miners and oil & gas is over-priced.
Comment by 1970Craig on Jan 11, 2022 5:52pm
Your were right , and you know I appreciate that you said patience.  As it turned out , it didn't take to long to finally close over 8.  Lots of people think there was a resistance there , so we got past those sellers.    We also had some time consolidating at 7 to 8 .  Aside from us that have been here for a while at lower ACB there is a new group at 7 to 8 on my ...more  
Comment by Speciallygood on Jan 11, 2022 4:49pm
Hi Ya Craig...Congrats on the great performance of WCP today along with many other Oils     Wcp is a Gem and you will do well as I will with SU...all the best in 2022 !
Comment by 1970Craig on Jan 11, 2022 5:57pm
Agreed and thank you as always !  You were right about that one !!  craig 
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