Whitecap Resources Inc T.WCP

11.5 million shares traded

[Indicator]

and closing near low of day down 6%+

Grant, Grant, Grant ... those bankers sure pull out all the stops when it comes to haute cuisine.

lol

[Dogsbreakfast4U]

  No matter what happens Grant will be fine. He makes a few millions a year in compensation plus a one or two more on the dividend. The problem for investors is that we are not getting millions from the company in salary while we wait. I can get right now a 4% + GIC with zero risk. I am not getting paid enough for the upcoming risk of a deep recession or depression.

[Anschutz]

Exactly! CEOs and insiders seem to have little concern for share price and shareholders. If only insiders are reaping the cream, then the Canadian government may as well nationalize the entire sector. At least then the resource either stays in the ground or the country benefits from the profits.

[ElectroWave]

Pour a drink out for the banker's who advised on this deal.  Likely the company would have performed better growing reserves and production organically through the drill bit and existing land base. I actually thought the stock would sell off -8% today, so it at least it wasn't that bad.  It's hard to find a Canadian energy producer I like now except CNRL.  And also