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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

Comment by riskion Aug 25, 2023 12:07am
125 Views
Post# 35604829

RE:RE:IS TECHNICAL ANALYSIS OR FUNDAMENTALS USEFUL?

RE:RE:IS TECHNICAL ANALYSIS OR FUNDAMENTALS USEFUL?

Over the years I have come to learn this to be typical behaviour of traders. So a long investor should welcome traders as it supports their long thesis not to mention adds liquidity and sharpens valuation which are always valuable. 

A stock with a board that is a ghost town and trades on low volume is more difficult to stay committed to or even initiate a position in the first place. 

Traders welcome!


Snowballer wrote: I'm in full agreement with this approach. While I put more weight on technicals for entry, exit and overal stock performance I typically only trade stocks/sectors I am bullish in.. the probablities of getting stuck are lower and this helps with confidence in pumping in more cash to babysite the trade/investment.


 

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