Whitecap Resources Inc T.WCP

just thinkin

[biker222]

do you think that generalist investors are now the next catalyst. I saw a posting on a canibas name where they said- dead money because o &G is the game. I post this , as their is a danger that many onboard longs take profits too early..( cuz its been a good ride in the last 18 months)

other than Eric nuttal....there was nobody interested in this space in public for the last few years.

just thinkin....

would hate to see some of the solid posters lose some upside. It will be choppy due to oil price...
but methinks its time to sit on your hands.
biker

[barneyj44]

I can’t speak for others but personally I have sold some of my position to lock in some profits as this industry has a habit of surprising (too the good and bad) every so often. I’m already regretting selling some after today’s move but next week might be a different story. Never got into the Weed story as I always figured you could grow your own or buy it locally without the middle man

[1970Craig]

That was a killer post Biker222.  Funny.  I want to add to the Eric Nuttall who was the only one talking this sector up the last few years and add those who hung on all the way down and back !!   Talk about a bike ride !!    I like the sit on your hands and ME THINKS YOU MADE SOME SERIOUS MONEY !!  I say that because It's hard to see that much money , and

[alvarez2]

The last time oil was at this level, back around 2014, this wcp was trading at over $16. 

[Wildfury]

That could be fact, one thing you must take into consideration, WCP was a different company in 2014 , less holdings, debt and total amount of outstanding shares at that time have to be taken into account. Is WCP undervalued today? definitely, just look at their P/E ratio, it's under 3 x earnings which is very low & heavily undervalued. They earn more than $3.00 per share if I'm not

[Wildfury]

Alvarez, I forgot to mention in my last post, in 2014 oil was trading over $100 per barrel at times, thus the $16.00 WCP share price and the other variables that I mentioned as to why, either way I personally think within the next 24 months it could be trading even higher as long as oil prices stay above $75.00,we don't need $100.00 oil which would cause a reverse in demand. The real problem