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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 > Flash in the Pan
View:
Post by traderbri on Jan 18, 2023 12:53pm

Flash in the Pan

It was nice to see a decent increase in WCP stock price this morning but as usual after hitting a high the stock fell out of bed and will lose at least 50% of it's early gains by the close.
I really feel there will be a mass exodus when the stock moves into the $12 range which will stall it out for some time.
I'm hoping for $15 to $16 unless Grant decides to go on another buying spree.
Cheers
Comment by PaleRider22 on Jan 19, 2023 6:37pm
"It was nice to see a decent increase in WCP stock price this morning but as usual after hitting a high the stock fell out of bed and will lose at least 50% of it's early gains by the close."  Mmm...Do you know a stock that doesn't? :-)
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