Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > 2.80 gap

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Post by Natgasbc2021 on Nov 30, 2021 11:41am

2.80 gap

I was butchered in here when i was selling my last 40k BTE in 4.2s calling for the lower gaps to fill... Fuk forget about oil... Just look at S&P 500 or DJIA chart... enough said.. Good luck all

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Comment by BayStreetWolfTO on Nov 30, 2021 1:04pm

That drop isn't based on fundamental chart info It is only based on 1. An SPR release (We still don't know what this means) 2. A Covid variant (to be determined) 3. OPEC decision (to be determined) If you feel the chart is a predictor of those things good luck with that What OPEC decides this week will drive the price of WTI...no chart can predict that....but by all means if you do ...more

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Comment by Natgasbc2021 on Nov 30, 2021 2:28pm

We all pave our own road... I was burned bad by BTE.. I loaded up in .4s averaged way down and got out when i said Oct 25 4.24 sold 40k shares... I missed 15 pennies to the upside oh well.. The market as a whole is pulling back IMO.. SPX needs a correction it will take this down with it. When i Sold RSI was diverging with price so I sold. I want to own BTE they are a good company i am an OIl guy I ...more

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Baytex Energy Corp