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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 Boulteron Aug 22, 2018 4:15pm
144 Views
Post# 28501749

RE:RE:RE:BTE

RE:RE:RE:BTE
Traderx11 wrote: WRONG

Two years ago, while I was invested in this company, it was advised if Oil recovers to around 55$ Bte would trade around double digits.

Look at the price today.

Its hilarious to see when people predict the price in the next " two years".   It won't change. Bad stock. bad investment.


What I find hilarious is when someone like you who clearly isn't an investor and does not understand what the term means, comes blazing in here telling others who are investors that this is a bad investment. It is a risky investment. It may be an investment that has not yet ripened. It may even go to zero one day, but just because I show a 20% loss for my 3 or 4 years here does not make it a bad investment. It has chances just like OSB did circa 2009 to 2011 when I was accumulating under $12, today $55. Or MX 2008 2009 when I accumulated between $19 and $8, today $95. Or TECK.B, BBD.B, ECA ... all positions you would have labelled bad investments back in the day because you don't understand the nature and reality of equity investments. I refer to people like you as my alpha. Than you for your service.
Bullboard Posts