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 > TD, last year I said Nasdaq would hit 10K in 2022

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Post by BayStreetWolfTO on Apr 29, 2022 3:37pm

TD, last year I said Nasdaq would hit 10K in 2022

Who knows but going in that direction....ARKK down under $50 now...yikes -60% 1 year....I feel bad for those millenials though they have never experienced a down turn...tough lessons I'm sure..less swiming with dolphins I think.

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Comment by fortunefavorsus on Apr 29, 2022 3:47pm

Worse case scenario I see Nasdaq at 3,000 and S&P at 1200. I predict big earning misses as the year goes on. Energy is the only place to be long. The FED will be happy as everybody will be buying Treasury bonds. Hope BTE starts buyback first week of May.

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Comment by BayStreetWolfTO on Apr 29, 2022 4:02pm

Wow, I thought I was bearish on the NASDAQ

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Comment by fortunefavorsus on Apr 29, 2022 4:16pm

I thought I was being bullish I only predicted worse case scenario S&P at 1200 and not 666. Always best to keep in the back of your mind that they could bring things down hard like they did oil prices below zero. Still zero oil prices bailed me out of my losses as I bought a lot of Baytex in the .20 range (U.S) along with a lot of other stocks like CPG, ERF, SGY,OVV and WCP. ...more

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Baytex Energy Corp