Baytex Energy Corp T.BTE

Hey Manitoba Canuck

[jmaan]

Glad to see you doing very well with your holding's.. quick question for you. I bought in at $1.86 owning just under 82000 shares, and up nicely on the profit side,but I seem I am missing out on other companies like cenovos, cpg, tourmaline, cnq., Been on the fence on sell and buying probably just two of them I mentioned, even hold huge amount of suncore but slow as molasses compared to it's peers. Wish I didn't sell cnq, and tourmaline

[Cobalt]

If i want a little more torque i trade in and out of HEU 2x Energy bull , 72 RSI so looking to trade out soon rather then add , next pull back add again , might help you dyodd

[jmaan]

Even though baytex looking to hit roughly around the $5to $8 range possibly, but probably make More on some of it's peers quicker... You're thought Manitoba Canuck. thanks

[Cobalt]

Might want to check the RSI on names CNQ is 76 very overbought CVE 71 TOU 57 nice buy but that is Nat gas , BTE 62 far from overbought , i would be selling CNQ for BTE here , fun fun

[deepblue]

Sell Cnq for a penny stock. Lmao!!!!

[Cobalt]

This wont age well , learn RSI ,  76 vrs 63 watch and learn , Saved :)

[BayStreetWolfTO]

This was funny LOL

[BayStreetWolfTO]

Hey Cobalt, while others may disagree here are my thoughts Consider CNQ divy 4.25% BMO divy 3.75% I am keeping my safe money safe...I still hold all the banks and get my divy...but why in the world would I own CNQ? If I truly believe we are in a long-term bull market small/mid caps have way more upside in my opinion than large cap....most experts agree (I would hardly call bashers here experts)

[ManitobaCanuck]

Hi there.  My thoughts ,why sell when in a profitable position. Since bigger funds are buying into Baytex and there is a dividend to be reinstated soon this will enter a lot of peoples retirement accounts.  I am done gambling onto cheap oil stocks . I have backed a winner and not moving /booking profits till this hits 10$ and I get out with a 1.2 million$ in net profit ( after 25% cap

[jmaan]

Hey Manitoba Canuck thanks for your thoughts much appreciated.. one more question for you if you don't mind.. what I,Ve been doing is not really the way to make secure money but it's worked for me.. I don't recommend it. For example I've taken my profits from I can't remember now cause I was doing it on a regular basis but took huge amount of capital stuck it in Athabasca oil I

[ManitobaCanuck]

Hi Jmaan    Great trading strategy.   If u see on the Athabasca Oil forum . I had approx 1.1 mill Athabasca oil shares around 18 cents ish. Sold 550k around 1$ and then 300k more  around 1.45. I bought back in at 1.12 . Still Holding 550k Athabasca Oil esentially for free.  Why sell now when the bull rally is just starting . Oil supercycles run for atleast 3-5 years .