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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

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Post by luckyturtle on Feb 08, 2022 9:35am

Typical

we are heading back down to 7$...
Comment by lashing on Feb 08, 2022 10:00am
With oil still at staggering prices. This is how it is for oil stock. oil drops a few cents oil stocks drop a few points. Oil drops a buck ... its all out panic for the exits.
Comment by mlcb12345678910 on Feb 08, 2022 10:08am
Definetely not a diamond hands. Nothing goes straight up we are due for some consolidation as the price oil retreats below ninety. Oil & WCP will consolidate & establish a base, prior to next leg up. Declining global inventory trend will not be changing so the price of oil has nowhere to go but up. Driving season, ramping up of the economy and travel will increase oil demand significantly ...more  
Comment by NonCredibleSrc on Feb 08, 2022 11:01am
Agreed - bought 5000 more.
Comment by barneyj44 on Feb 08, 2022 11:28am
The weak hands may be locking in profits from there buys in the $7.50 range. They have seen this movie before. Lol
Comment by barneyj44 on Feb 08, 2022 11:30am
Oops sorry wrong board that post was for my Arc board.
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