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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 > 10 bagger ?
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Post by Maxwebster66 on Mar 01, 2022 7:38pm

10 bagger ?

can someone tell me how the bagger thing works? If I bought BTE at .50 and sell at $5, is that a 10 bagger? Or does it go by every time it doubles? As in .50, $1, $2, $4 etc.? Thanks.
Comment by golfbotzer on Mar 01, 2022 7:48pm
10X what you paid... is how I understand it.
Comment by Cobalt on Mar 01, 2022 7:54pm
11x i always went with , $1 too 10 is 900% 9 bags   /shrug 
Comment by Konaboy on Mar 01, 2022 7:52pm
Max Webster - I gotta go download me some of that.  Remember they played at my high school in '85, I was juuuuust a little buzzed, standing in front of the speaker stack just vibrating.  Might explain why I'm half deaf now.   I AM A WILD PARTY!!! $5.00 was your 10 bagger, currently past 11, congrats! Go BTE !! Lots further to go, hang on !!! Don't sell until 10 ...more  
Comment by Maxwebster66 on Mar 01, 2022 9:01pm
lol those were the days eh. I wanna see it turn into a 20 bagger at least. Good luck to all.
Comment by masfortuna on Mar 01, 2022 8:46pm
Nope. Your purchase price x the multiple. So $1 to $3 is a "2 bagger"
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