RE:Shes sucking a bit today Johnny41 wrote: Meg up 13% were only up 4... What gives? Bit disappointed after coming home, i haven't looked all morning. Oh well...
Disappointed with a 6% gain, Johnny? You have high expectations. Great day for Meg. You can't expect BTE to outperform every oil stock every day. Meg will be a huge performer this year along with Baytex in my opinion. They are another highly levered oil company that will survive the low price environment and outperform most in the energy sector. Baytex is more solid so I'll be sticking with them. People need to relax a little and let this thing run its course. I believe the vast majority of us agree oil, and consequently, Baytex, will be priced significantly higher at year's end so I don't understand the overreaction to $0.20 intra-day swings in oil price. Unless you are an extremely active day trader, hourly price swings in BTE and oil mean nothing. Good luck!