Post by
DivChase on Jul 23, 2024 11:18am
Back under
10$ she goes. Doesn't perform green yesterday like almost every other, then down like the rest on red days. Seems to happen a lot with this stock. I was hoping 11$ was a reasonable target to unload my remaining shares. Looks like 11$ isn't gonna happen either. This stock is really depressing. After 10 years in this stock seems like 10$ is all it's worth.
Comment by
barneyj44 on Jul 23, 2024 12:17pm
Underwhelming is the only adjective I can think of lately. I'll enjoy the monthly dividend checks but have lost faith in any half decent capital appreciation. It doesn't help matters that Nuttall keeps telling the Bnn audience that Fagerheim is looking for another tuck in.
Comment by
Readytojump on Jul 23, 2024 12:50pm
Nuttall and his YELLOW BRICK ROADS. I quit listening to NUTJOB years ago !! WCP Insiders have been steadly buying since April..... I still have all the faith I need to be fully invested in this well managed company,,,,time will tell
Comment by
DivChase on Jul 23, 2024 2:25pm
Nobody needs AllNutts to realize they are planning aquisition(s). Instead of immediately paying down debt with 300mil left over from recent sales, it's painfully obvious it was banked in preparation for a deal.
Comment by
tollycraft on Jul 23, 2024 3:58pm
I like the dividend also, but the stock depreciation is brutal! It's getting to the point where the dividend doesn't mean a whole lot. It wasn't that long ago when we were told "we need to pay the shareholders first". I hope they don't continue to ignore that. GLTA Tolly
Comment by
DivChase on Jul 23, 2024 4:07pm
Seriously this stock is plainly in the dog house with big investors. Just because "insiders" are buying doesn't mean sheets. Just means they are as stupid as I was. "Hey but wait, be patient you might be rewarded this year or maybe next year". OR NEVER pretty much every stock has surpassed this dog YTD. Just waiting on VET now.
Comment by
Readytojump on Jul 24, 2024 8:50am
your comments are as refreshing as the breeze from a cattle feedlot in 100 degrees heat !!! If your so discussed with WCP ,,,, sell, lick your wounds and move on !!! It's plan to see what your up to !!
Comment by
Readytojump on Jul 24, 2024 11:10am
MAYBE TRY CJ Better yet @ 10.30% this morning if that turns your crank !!
Comment by
Readytojump on Jul 24, 2024 11:07am
Well I guess all was not lost ..... you managed to recoup some of your losses over the last 10 years with a healthy dividend you faill to mention ... WCP is @ 7.29% this morning not too shabby IMO. Have a good one !!!!!
Comment by
DivChase on Jul 24, 2024 11:37am
Sure. Also be sure to subtract the inflation factor especially this last 2 years. Result. Little to no return on this "well managed" company even with the dividend. Very well managed to in crease debt every couple years like clockwork. He's overdue to do it again.
Comment by
traderbri on Jul 24, 2024 12:14pm
It's a well run company and the dividend is good, but investors are afraid of Grant announcing another purchase. He needs to give a solid outline on what his intentions are for the future. I'm afraid his ego will put WCP deeper into debt and the stock will flop around like a stranded fish for ever. Just no direction with this stock. Cheers