RE:RE:RE:RE:RE:RE:RE:SOLD AT 6.47 AND BOUGHT CPG AT 22.06Thank You for your kind words. I really just picked $5USD as an arbitrary number. I think BTE may eventually move above 5 and 6 but not for awhile. Share price basically leveled off in May because I believe debt is still hurting Baytex. Eagle Ford is the only thing that keeps me halfway in BTE
On the other hand, Advantage Oil is low price and their balance sheets are better. Credit Suisse recently rated the company outperform. Stifel rated buy way back in March. The only problem with Advantage is their low trade volume which can make stock movements choppy instead of smooth. But with all the chops, the price of Advantagehas gradually moved up in a slope since January.
Now BTE is still a lot more liquid and has more people trading it. (average volume 2.16 mil) That's better than Crescent Point and some of the other major players in the oilpatch. So sometimes you have to weigh the options. Both Advantage & Batyex are good at this point