Whitecap Resources Inc T.WCP

WCP

[traderbri]

All we need now from WCP is a "Leap of Faith" and a close above $11.00 towards $11.50.
Stock has been hanging around under $11 for a way too long.
Cheers

[Citizen13]

You are preaching to the choir. However , the algos are written by Math PHD's and i doubt they are on this board.  Right now anything that approaches $ 11.50 is sold aggressively . Anything in the low to md $ 9's is bought .  Will the algo's change when 75% of FCF is returned to us and /or oil whips past $ 100 ?  Time will tell. The industry hurt so many people so often.

[tollycraft]

Well, giving it all back this morning,  Does get discouraging, I was looking forward to a reasonable day of at least hitting and holding 11.00 but that's not happening. GLTA

[jleer42]

Never know what will happen in the short term; but May OPEC cuts, the coming summer driving season, and current weekly oil draws should bode well for oil prices eventually. China is a bit of a wild card, but more COVID cases might flateline demand and not actually decrease it. Time will tell, but I am staying long.

[tollycraft]

I agree Jleer42 on all fronts, been long, and staying long.  I'm looking forward to their first quarter release, (I'm thinking their releasing the first quarter, although I have'nt heard much about that latley, I have calandered the conference call for Thursday at 11:00 am.)  Not really expecting anything earth shattering just ,"steady as she goes". which is fine

[jleer42]

I also am hoping for good results this Thursday tollycraft. Another strong draw this week, 6MM barrels with a 1MM SPR result. Time is on our side Crude -6.083 million (-1.667 est) Gasoline -1.919 million Distillate +1.693 million Cushing +465,000   SPR release 1.1 million

[goldens]

I think if they everyone will be watching if they are hitting their debt targets. If they are on target we should move out of this mid $10 range we have bee stuck in. GLTA

[tollycraft]

Time is on our side, I'm just getting worn out seeing this stock take 2 steps ahead then 4 back!!  I've been told before to stop checking it daily and I think a few guys out here said the same thing now, I guess its time to listen. LOL,  just frustrating though.  You never kinow though, maybe the financials will tomorrow will be more positive than just "staying the

[traderbri]

Ya, I agree with you tollycraft, being well into my senoir years I just hope I live long enough to see the high $15 of $16 range.  lol