Whitecap Resources Inc T.WCP

Big divy increase

[jimgeorge]

Happy days!
my income just jumped by $5000 per month!

[Realdude]

Liar 

[Realdude]

You don't own 85000 shares bum

[jimgeorge]

No I don't own 85000 shares, I own 400,000.  I've been in this stock a long time....

[Citizen13]

Wow. That's hanging a huge Matzo ball out there in the wind . Although i dont know what percentage it is of your portfolio. I hold a big  amount but a tenth of what you have . You know when you cross an almost red light and kind of cringe a bit thinking youre going to get a big ticket ?  Then you see another guy go through it 2 seconds after you and dont feel so bad ?  LOL. That

[jimgeorge]

My WCP is my biggest holding, it's about 15% of my total holdings.  Normally I don't want any individual stock to be over 10% but I'm addicted to the Divy!  If the SP goes up enough to take the yield down to 5% then I can trim some and find an alternative stock paying 5%.  So I guess at $13-14 I will start to lighten up on WCP.  It's a plan anyway!

[Nextlegup]

Jim. Perhaps to help you a bit as some people seem a little confused on dividends as of late with all the chatter...Your yield doesn't drop to that level..You're still collecting at the price you paid. If you've bought the stock already, you've locked in that yield assuming the dividend stays the same..that drop in yield will be new buyers and the higher price levels they

[jimgeorge]

Thanks Next, but I do get it.  If I sell WCP at $11.58 I'm giving up $0.73 per share in dividends.  If I then buy $11.58 worth of BMO, I would receive $0.58 in dividends.  So to make a switch and stay whole in my divy income, the nominal yield of WCP has to drop to 5%, ie the share price has to rise to $14.

[masfortuna]

i call BS realdude. Posting your FUD on every board you appear on is pretty sad. You claim this company is doomed because the CEO is planning on making another acquisition? Ok show your sources. Better yet, you disparage this company and then claim to own $1 million in equity?  You sir are a clown and a total waste of time. Too bad that companies are not filing a lawsuit for defamation

[Realdude]

Defamation?? On the one hand you say I own stock and the other you say I want it to go down? You are the type of pumper trannies that need a lawsuit. I am long baytex. I believe (just my opinion) therefore I don't need a source you clown. For the record both baytex and wcp announced acquisitions without a (headsup) why didn't you file a lawsuit then.....

[masfortuna]

Realdude you are a clown. Just my opinion ofc.