Oil is likely moving higher , not lower ! The price has held nicely and I feel this week we get the first leg up on the next run.
We have hung in here with oil under $80 and a pop in price say you 85 ? I see us at 10 dollars and I see it quickly.
I feel the share issue is solved. We issued tonnes of shares to purchase companies and I feel those shares have now been fully absorbed.
Those who have been here long enough know about the CPP having a large position in Torq and when we bought them CPP ended up with more shares than they wanted and that along with shares issued for other transactions the market was flooded and we didn't get movement .
You can see the difference. I feel strongly that on the first spike and it's coming we bounce fast to 10.
Let's wait and see. I feel very good about WCP. Folks support in the dividend increases coming makes this with oil down or seems to be down honestly a solid solid investment.
One last comment ? So everyone just chined in after there recent announcements regarding cap ex next year and you have on average a price target of $15 PLUS.
WHERE CAN YOU FIND $8 dollar stocks that are being touted at close to double.
Personally. If we get half way to this before December I might be satisfied to pull out after a really nice couple of years. This is in my blood. So likely temporary!! Lol.
You have a company that just reiterated there targets and is suggesting there going to have a div of $.074 in 2 quarters ? ? Your kidding ?
It's all a gamble becsuse we don't control the big picture but last week might of been your last chance to get this under 9 ? Maybe ever ?
So once again don't listen to a thing I say I have no clue what I am talking about. Really !!!!
C