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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > No gap up
View:
Post by Unlucky13 on Jul 01, 2020 3:00pm

No gap up

BTE is flat on the NYSE, so it will
be flat tomorrow.  Corona is thriving and bringing down the US as we speak, stop misleading that this is the mother of all rallies, BTE has already doubled so to suggest it's to going to $1.50 this month is irresponsible.  Until there is a vaccine BTE runs the risk of going bankrupt.  I am willing to take that risk but I know whatever I have left is still at risk.  If oil doesn't go up in 6 months they will have to close their doors.  Also, the economy is running at a fraction of what it normally does.  Don't stretch the truth and say things are humming because they aren't.
Comment by ItsRightNow on Jul 01, 2020 3:33pm
This post has been removed in accordance with Community Policy
Comment by cdnkeswick on Jul 01, 2020 7:20pm
Unlucky 13 sell all your remains bte and buy fru their CEO just put $100000 into that company. Maybe you will make money back.
Comment by Unlucky13 on Jul 01, 2020 9:02pm
You are missing the point.  No one knows the future but 50000 cases today in the US.  How is that reopening going?  Yes, put me on ignore.  I am a shareholder, I own 60000 shares now, first bought around $48.  Am down about $300000 on this one stock.  You can't seem to separate being a shareholder and thinking logically, it's not rah rah think with your heart, ...more  
Comment by Suzy2cool on Jul 02, 2020 12:39am
There is no BANKRUPTCY in Baytex future .....Eight Capital analyst Phil Skolnick also likes Baytex's low debt risk, seeing no near-term debt maturity risk and debt covenant risk is no longer a concern.
Comment by Rudiger222 on Jul 02, 2020 8:10am
I feel if everyone does the exact opposite of what you do we will make money. 
Comment by ItsRightNow on Jul 02, 2020 8:25am
This post has been removed in accordance with Community Policy
Comment by ItsRightNow on Jul 02, 2020 8:26am
This post has been removed in accordance with Community Policy
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