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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by GeoOracleon Jun 28, 2016 7:01pm
100 Views
Post# 25006597

RE:RE:RE:Lets all....

RE:RE:RE:Lets all....Bago,

I agree.  I trade swings, hold long positions, day trade, move money around depending on the situation, etc, but always like to have a good chunk of cash for buying opportunities.  I was all in on yesterdays near close reversal, and sold a bit before close today.  I will regret that, as the inventory data is showing a significant draw...  Like most traders, it makes no sense more me to adopt the "I should have" mind frame.  Like you stated, no one can have perfect timinig.  Making money on a trade is always a good trade, and having cash to buy in when the time is right, risk asessment, and being right 60% of the time is the difference in winning or losing.

Geo
Bullboard Posts