New to BTE... Bought in today at $4.35 thinking it would be a decent entry...I guess not. The volume on this downturn is not condusive to panic of sorts....My guess is more shorts getting in trying to weed out the weak and trigger margin calls....
In terms of takeover target, I doubt it....The SP would be going the other way....
Overall my research has BTE in no worse shape than many others in this sector.....If anything the potential for huge upside is definitely possible after the shorts are pressured to cover....and oil moves back to $50.
I'm holding but will not add yet...