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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 > WTI GREEN
View:
Post by TheWokeLemming on Jun 16, 2022 10:56am

WTI GREEN

I won't be surprised to see oil stocks go green too by the end of the day.
Comment by Moemoney42 on Jun 16, 2022 11:03am
Although that would be nice I don't see it happening today.. tomorrow..?? Next week for sure.. ;-) Too many shorts piling on in this wobbly market thanks to the J. Powell.. 
Comment by BayStreetWolfTO on Jun 16, 2022 11:13am
I agree, I think some shorts piling on thanks to the fed...did they short the dip? It opened at 7.30 and now we are 7.53? Did they short at open @ 7.30? It will be interesting to see how the next few weeks play out.
Comment by IndianSparrow on Jun 16, 2022 11:17am
Also, energy etfs and index flows too. Forced selling because...dumb money.
Comment by Cobalt on Jun 16, 2022 11:23am
Has to be a forced seller in CNQ nasty chart but a great bargin any day now
Comment by moose73 on Jun 16, 2022 11:28am
Panic sellers falling in shorts hand. Smart shorters will start to cover later today or tomorrow.
Comment by Moemoney42 on Jun 16, 2022 11:33am
I'd venture a guess that a lot of the shorts piled on after the double top last week..? 
Comment by Stockhudson on Jun 16, 2022 11:38am
hopefully we are buying back shares at these prices    GLTA
Comment by BayStreetWolfTO on Jun 16, 2022 12:02pm
I bet on days like todays those companies wish they were buying back their shares versus paying that token divy.
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