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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 > Whitecap - up - up
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Post by 1970Craig on Mar 01, 2022 11:41pm

Whitecap - up - up

I enjoyed the the last many posts , from should you of held Whitecap after the initial recovery in same , to then selling whitecap to other names that aside from the first double off bottoms hadn't regained there stride .  

      It's easy to look back and say your smart, isn't it ?  For me it's usually looking back and i sold to soon , or I got in to fast , or I should of kept my vermilion at 10 bucks , or my Baytex at 2   .  Both of those I doubled on , if you throw in Surge that was three.   Guess what I did with all three when I sold them , I bought whitecap.  So I have held since 6.26 cents.   I am up close to 60 %. With a nice divvy.  

      Also let me tell you all that today is a snap shot in time and there will be or could be day where whitecap is trading at 30 dollars and we are having another conversation over at Baytex board with someone saying I sold my Baytex and I bought whitecap , why didn't you. 

  So in my opinion it's all risk tolerance, and what I am seeing or reading is actually EVERYONE  did well either way , some better than others ........... isn't that just life !!!!

      I think It was mentioned it's hard to hang on with such good gains.  Would imagine some here have made more than they care to loose , or there target price to sell was eclipsed , and your hanging on because it's day one again  
     Hard to believe that from this floor , there is another year of similar gains , in Energy none the less  !!!
       All the best to anyone with family in Ukraine , myself I am a mutt with some Ukraine blood , my wife's sides mom amd Dad came over from a camp in Ukraine  

    God bless all children who might be scared tonight and May you protect them , and help them find comfort  
    Amen

Comment by Citizen13 on Mar 02, 2022 8:22am
I was thinking the same Craig. I sold VET when I broke even on it after many years . It's kind of sad we are happy to break even !  Goes to show just how bad this poop show has been . Had I kept it I'd be up another $20K . But we cannot think that way and my accountant said I should slowly start selling these energy positions .  I will keep my WCP for a few years I hope. It's ...more  
Comment by jollynik6 on Mar 02, 2022 9:25am
Also had Vet   was happy to make a small profit,figured I was going to lose a lot of money on it I have WCP--CPG--TVE    will hold till end of march and move into other areas,
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