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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 > A short squeeze at work?
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Post by WINDGOD46 on Oct 26, 2022 11:24am

A short squeeze at work?

It seems like a short squeeze is at work with this relentless buying. Maybe the shorts and their acolytes were lulled in some kind of complacency that the supply restriction by OPEC+ would not affect them.Yet the supply cut is to come into effect on Nov. 1st. Hope shorts and their hangers on begin to feel the heat wave coming out of the Middle East. Just a thought
Comment by iwpete on Oct 26, 2022 12:09pm
already started https://twitter.com/staunovo/status/1585269641928232964
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