Whitecap Resources Inc T.WCP

Easiest short of my life

[James12]

This thing only goes down. I doubt it ever goes to the $1-$2 range but I think it could drop in to the $6's

[Olliethegoalie]

You maybe correct, but I hope you get stung hard as someone who is long. Pay the 8% dividend and watch out for stock buybacks. I wouldn't short after the big drop already experienced but you very well could be correct.

[WINDGOD46]

Good thinking Ollie, we are very close to the dangerous zone to short this monkey. WCP should buy as much as possible to reduce float. And if they run short of funds, they should borrow and buy back stock; they are allowed to buy upto 60M shares.

[baranja]

This post has been removed in accordance with Community Policy

[Citizen13]

They're all dropping every day . Funny how we turn on a dime from the oil market being tight and everyone is being disciplined to overproduction and we are swimming in the stuff . I dont even read what anlysts say about the oil market anymore becuase it's all garbage . As reliable as Putin and the Hamas " health ministry "  reports . A guy on BNN said it'll go to $ 40 a

[barneyj44]

I never thought we would trade in this range again, debt under control and a sound dividend covered down to $50 oil. I guess this is why so many investors have left this sector. I'm staying long til next years driving season at the very least. Have the dividend reinvestment plan so that will help.average out the ebs and flows...

[alvarez2]

The analysts don't have a clue anymore than you or I.

[James12]

It really is one big casino at the end of the day, isn't it?

[James12]

Short covered at $8.44. I'll go long when it gets in to the $7's. GL all 

[retiredcf]

 Your posting history tells us all we need to know. GLTA

[Olliethegoalie]

Hope you are still winning with the short. As a long , I am starting to feel a little better.,

[meritmat]

Increased position.  Well ran company with a 8% div that's safe.  Darm the torpedos and full speed ahead