RE:the next few weeksEmailme wrote: could be really good...of course if oil can climb a little bit. I prefer a slow and steady climb vs a fast up and down. Baytex's share price is pretty stable now. First mission is the break the $3 and move towards $4+
All the bad news are behind us "hopefully" and oil price will guide us higher as it will climb higher
"hopefully".
BTE's SP is nowhere near stable. It's maybe the most volatile stock in the most volatile sector in the most volatile market in years. It's the complete opposite of stable. Yesterday, a day of less than average volatility, it fluctuated over 8% from low to high. It is tied closely with price of crude. When crude recovers, BTE will experience a huge gain. It will not soar to new heights within the next few weeks like some are saying. If you have a long-term outlook, it certainly isn't a bad time to start a position. Good luck.