Baytex Energy Corp T.BTE

what the heck is going on with WCP?

[Snowballer]

big lift only to crater. Great earnings... what's the deal.

[Cobalt]

Buy the rumor sell the news or they wanted more divy?

[Snowballer]

You gonna bail BTE today? Or have you already?

[Cobalt]

Takes a 80 to 85 RSI for me to bail short term 66 right now , Oil is also about to break out of a 2 month wedge formation , greatest odds it breaks up , massive call buying in the XLE they looking for a good move up , I added HEU (torque) following unusal call buying dyodd

[northmark]

I fear the same is in store for us if the word dividend isn't mentioned tonight. Not an immediate dividend but an idea when we may see one

[1condor]

Snowballer..happens all the time. You have day traders who will buy just before earnings and if all goes well (the SP goes up) they will take their profit the day earnings are announced. It can pay off well if all works out. BTE may experience the same as it has been climbing the last two days ahead of earnings and could very well see selling just after earnings. Its causes extreme volatility in

[Maxmoe]

Yup, all just part of the daily noise from flippers and easy to ignore. Once you adjust . I'm already looking forward to the mid summer delight of q2 results. Unless oil collapses, the spectacular q1 results reported today will be eclipsed by q2 as the yoke of debt is finally cast aside. So yeah, you ain't seen nothin yet. Insert YouTube video of BTO song here!!

[Nothingmatters]

This mofo is a know all, be all...

[JohnnyDoe]

well, I'd say that they acknowledged that market conditions improved "dramatically" but didn't attempt to address how that might relate to shareholder returns rolling forward I've posted a couple of times recently about the issue of returns, suggesting that those that don't address it will be punished.

[buylow]

Totally agree. Wcp is a muddled mess. Just look at last year, bought back stock, yes, but then issue more. 17 rigs drilling, not cheap. Debt reduced, but no divi news. Sadly, they have tons of FCC, but really compared to others, they are going down their own path, for better or worse, we shall see. I found the release disappointing, with over a billion in revenue, please pay down more debt or buy