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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 > Why???????
View:
Post by luckyturtle on Jul 07, 2022 11:13am

Why???????

Why this thing never goes up as fast as it goes down??? Oil up 5$ and it's up a few pennies...imagine when oil drops 5$ it will drop 2$ in a day or two.  Still regretting for not getting out @12$+
Comment by barneyj44 on Jul 07, 2022 11:25am
Never ending shares for sale. Wcp is my biggest position followed bt Cpg. In hindsight beginning to wish it was the other way around. Hoping it's just short term pain for long term gain.
Comment by incomedreamer11 on Jul 07, 2022 3:38pm
Now WCP is not shareholders-friendly company 
Comment by ppp on Jul 07, 2022 3:56pm
Ya right. You pump CPG and then tell us WCP is not shareholder friendly. Seems CPG just got their div  to WCP's level. trouble is WCP is moving to 42 cents a year plus more to come. Add to that. Who paid a div all the way through covid? Oh That was WCP! Gee not shareholder friendly. 
Comment by 1970Craig on Jul 07, 2022 5:33pm
    Barney you had  a good day today !!   I know CPG is one of your main holdings , so excellent day  !!    C  
Comment by Citizen13 on Jul 07, 2022 1:46pm
No rhyme or reason why. This is a short cover . Perhaps CPG and especially VET had more shorting pressure ?  The further you pull the elastic band the faster it shoots back.  The only way WCP goes up to $ 20 is with actual BUYING from the masses . Not the " casino" Warren Buffet saw with Occidental and others. Traders can push and pull in both directions and make money either ...more  
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