Whitecap Resources Inc T.WCP

Another analyst BS

[traderbri]

JP Morgan analyst: Oil to hit $380 per bbl
Can't wait for that to happen.
WCP will be $30 plus a divided of 10cents a month.
They should fire these guys for the bs they spew.
Cheers

[Citizen13]

Or WCP will be 50 cents because traders will be pooing their pants that a major recession is going to happen due to extremely high energy costs .  As OPEC knows so well, too high is not good either. They dont want it much higher than $90-$100 .  But yeah, shame on the networks for giving these idiots a soap box .  

[Olliethegoalie]

No accountability. Why not say $10000 a barrel? Why not say $-30 a barrel? Oh wait, that did happen didn't it..... forget this post... lol

[pierrelebel]

The context: "Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine

[MrDales62]

Russia needs to accept gold instead of the US$ for their oil. I mean, it is their oil. GLTA