Baytex Energy Corp T.BTE

Stop the spin, tomorrow will be red, look at oil

[Unlucky13]

Oil is down $5 and that means BTE will
be hammered tomorrow.  Can we all agree that Wolf is a Homer and for him to suggest the SPR release is a good thing when oil is getting hammered is highly elusive and disingenuous.  I expect a 40 cent drop tomorrow, it will be ugly.  A million barrels is a lot.

[nikolaos]

Tapping reserves means the supply is being choked off.  How is that exactly a bad thing for oil long term?  Btw tomorrow is March 31. $6 before $5.  

[jdmecomber]

Even I know the SPR release is amazing for oil investors,  I think they teach that in 3rd grade in the United States

[woodsmen]

I agree that you are the Biggest Moron on Stockhouse.

[Nothingmatters]

This clown is back. I thought it is over 31 trading days...

[1234bmth]

Oil stocks will not necessarily crash if oil is red or will not necessarily go up if oil is green. They rather react based on the magnitude of changes in oil price related to a news. For example IMO if this news brings down oil below $100 by tomorrow then there may be larger negative impact on oil stocks, but if oil holds $100+ oil stocks will be flat or slightly red. Just we should not forget

[Unlucky13]

I am not so sure, I expect a 30 to 40 cent drop today in BTE with $100 oil.

[Decaffeinated]

Yo should go buy a Lotto ticket and try to change your fortunes!