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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 > NCIB - SHARE BUY BACKS
View:
Post by 1970Craig on May 09, 2022 6:08pm

NCIB - SHARE BUY BACKS

Rubbing your hands together buying the max amount under current NCIB likely under $ 10 ??
   

   Just remember , the precedence is set ... 10 M shares at $10.34.     

    You can take it to the bank that the price will be supported at or below $10.34 by buy backs with the  CURRENT NCIB  and as most excellently stated in earlier POST at 250,000 shares daily with the NEW NCIB . 

   Today was hard , but I know my freinds here , and probably lots of new people are pretty satisifed at $10.34.  

   I honestly have never had a dollar loss as large as today
in my life.  Today was hard.  So self talk is stay strong , logical , and remember things like 10 Million shares bought at $10.34.  SUPPORTED BY MANAGEMENT!  


   The earlier poster put some nice icing on this thought with INSIDER BUYING !!   

   Folks insider buying , that is a strong message and these directors and such are doing a happy dance at the price
they just paid.  

 

   Chin up !!!!   We will recover 1/3 mimamim tomorrow. 


Craig

Comment by tollycraft on May 09, 2022 6:49pm
Appreciate your optimism craig.  I know theres still supply, which is short, and demand which is high, none of that changed therefore I remain long as our time will come sooner than later, today was hard to take  though.  CHINS UP!! GLTA
Comment by barneyj44 on May 09, 2022 7:11pm
Today was definitely a tough pill to swallow for the longs. I had a $10,000 swing to the negative on my Cpg alone, Whitecap and Arc followed suit. Was tempted to add more this morning at $10 glad I didn't as have to much exposure as it is. Nice to see insider buys....
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