Whitecap Resources Inc T.WCP

Would love some feddback/input...

[NonCredibleSrc]

on this.  Thoughts and any concerns.  I will be posting this on the multiple boards for which I own stock so please don't be surprised to see it...

Jeremy Grantham Doubles Down on Crash Call, Says Selloff Has Started (yahoo.com)

[barneyj44]

Many stocks are overvalued like Netflix, Shopify, Tesla , Crypto Currencies etc, where as Oil and Gas stocks are still in the middle innings. The public is itching to get out of there homes and start to travel again. Nickel, copper, aluminum, commodities are the long play now as it’s hard to get any new mines in these days. There like pipelines.

[mattressstash]

  I'm a nobody with my own opinion, please don't slam me on it.  I sold yesterday, because when I see oil go up, oil stocks should move up slightly, but for the last few days they all went down.  Alarms bells went off for me and I sold and made a good chunk of change. I hope that I'm wrong, but its not just whitecap, it is all the oil stock equities.  I might wait

[Bamsmba]

Hey Mattress... First of all.. NO one knows what will happen.  That said, I have followed that pattern of training and in the long run, it doesn't work for me. Although  many of the oil and gas were down... you must remember that the stocks had been up a LOT in the past month.  One stock that has lagged the market is SDE and you will see it has not been down the last few days

[1970Craig]

Exactly !   Taking profit is good , but if you don't go back into the same stock you just incurred a capital gain.      So spring is going to cost you tax.  That tax money isn't owed for a long time and maybe your going to incur a loss elsewhere.   However , that tax money your giving the government is money you could of avoided by hanging on.    

[JohnnyDoe]

if you don't sell, you neither lock in profit or gain. Selling in December locks in losses with an immediate income tax hit in April following. Selling in January to lock in gains lets you, in your example, make money off of the 260 you owe the feds for the next 16 months. You don't owe that money until April 30, 2023 but you've got it in your account. The risk is that you invest the

[alvarez2]

I'm guessing you made a very wise decision. When the markets are selling off, everything goes down. This company and others in the sector will be the place you want to be when after things cool down, however that could be many months from now...............starting to remind me of 2008 all over again.