I know I said I was done with this board, BUT....I decided to check out the ol BTE board today to see what the tone was (I guessed accurately ). I just couldn't help myself. This shat is addictive! It takes control of your inner instinct to crave conflict and emotion! I have never been as bullish on oil! Mark my words and take this to the bank.....big money investors are finally moving in to energy stocks!!! Quote this for anybody who gives me krap about this. "Big money managers are finally moving into oil stocks (as of April 22, 2016) and will drive prices higher during the rest of 2016 and beyond!" The bottom has been confirmed and the vast majority of the market and investors have finally accepted this. Crude oil has shown great resilience in the face of negative news such as the Doha meeting and this has triggered a further bull run of oil since fundamentals are taking over the pricing of crude oil! We will see $50 oil before most experts think! Sometime in Q4 2016 is my prediction. There was one oil expert on BNN today who said he expects crude oil at $65 in Q4 2016. That's a bit too bullish for me but I honestly see a reasonable chance of that happening. Anybody shorting oil stocks or BTE specifically, I urge you to cover first thing Monday morning because every price you see will not be seen again for a long time. Balance between supply and demand in the market will occur in Q4 2016. The supply/demand numbers show this happening and the market will build this in prior to this actually happening and it has already started. ALL the smart investors have realized this and are buying into energy stocks if they haven't already because they know this. This was proven today with the enormous gain in the energy sector on a modest gain in crude price. The fundamentals and now the sentiment have turned bullish on oil and the bottom has been 100% confirmed. The recovery has begun and it will be a quick run up to $80+ over the next 2 years! Since Baytex is "known" to be the go-to stock to ride the oil recovery, shareholders will benefit tremendously. I believe we will see $10+ by the end of 2016 and $25-$30 by the end of 2017. I also believe long investors of BTE will outperform the traders of BTE for the next few months since the traders are generally bearish on oil and will miss out on re-buying lower or covering shorts at a lower price. We may see some volatility along the way due to noise (OPEC news) but the course will roll through since fundamentals have regained the control of crude oil price even though sentiment has turned as well due to that fact. The bottom line is that crude oil is going up sharply over the next 3 years and the best way I have found (as well as most big money mangers have found as proven by today's technical resistance breakthrough) is to take a long position on BTE.TO! .TO is important because the Canadaian dollar will ride this recovery in crude oil as well back to parity with the American dollar over the next 2-3 years. This will add to the already enormous gains of BTE shareholders. So shorters of CAD should also cover now as the dollar will strengthen further! Most people here seem to be focused on the hour-to-hour and day-to-day stuff too much when they should be looking longer term. Longs will outperform traders, and shorters especially, because they will not miss out on the quick run up in BTE SP over the next 6-8 months. It is then I believe even the die-hard oil bears will turn the table and become bulls which will further propel SP. At that time, we will also be seeing a drawdown in crude oil inventories worldwide which could potentially trigger a global oil undersupply crisis in which production cannot ramp up any further. Combine this will increasing crude oil demand and the recovery of the global economy and we have a new crisis forming. Global oil undersupply which fails to meet demand without long-term mega-project development which could take years to come online to solve the problem! Yes, I just called a global oil shortage crisis! It will happen within the next 3-8 years! The numbers prove it! It is coming people so load up on oil stocks while you can! The massive undersupply can't be tackled unless mega-projects come online which take 8-10 years to develop. It doesn't take a genius to look at global demand growth and potential oil production increases over the next 8 years and realize a shortage crisis in beginning by the end of 2016. BTE.TO is possibly the best place I can see to keep and grow your money over the next several years.