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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 > Path Ahead
View:
Post by AppreciateOil21 on Feb 02, 2021 6:04pm

Path Ahead

I would first like to thank each and everyone of you who has contributed useful and relevant material ( you know who you are) ... as for the Nuggets and company... I have been watching this board and other O&G for a long while. Great work! Today I have a question. I have been averaging down Baytex Since circa March 2020. And been a share holder since April 18. I am thinking about selling some of that and moving that Capital over to ATH. Which do you believe will happen first. BTE priced at $5 or ATH $2. I can sit on this for another 2 years if need be. Thanking you all in advance
Comment by Oil2018 on Feb 02, 2021 6:25pm
Good question. Tough one. I think btw has more torque than ath but at this point I'd say both are undervalued big time. I think more importantly ( my concern) will investors return to oil stocks...look at today gains were small...were under attack and sentiment is damaged . I own both ...if it makes u feel good...bte avg is 3.50...ath 70 cents
Comment by AppreciateOil21 on Feb 02, 2021 6:46pm
I agree about the torque. I think best sticking with BTE and keeping my position in ATH what it is. Now is not the time to start with the flip flop. As for the generalist retail investor; once the media gets over and tires with the "GREAT RESET" narrative retail investors will be more concerned will profits over self-righteous morality. And capital held by institutions would pour into O ...more  
Comment by Oil2018 on Feb 02, 2021 6:52pm
Appreciate this opportunity. Many bought bte at 30$...many bought cpg at 30$...my BE on cpg is at 10$. So for me it's a hopeful boom for break even for some of it's an opportunity to become wealthy
Comment by Maxmoe on Feb 02, 2021 9:47pm
Gee thanks for blessing us with your first ever post despite watching for a long while. And your first ever post is so intriguing.
Comment by Stockhudson on Feb 02, 2021 11:15pm
Iggy button was busy tonite
Comment by AppreciateOil21 on Feb 03, 2021 8:29am
Haha thanks, I did pay homage to McNuggets. Where you go buddy, virus get you buddy.
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