Baytex Energy Corp T.BTE

Back in the red

[2dream4U]

Big shocker. What I'm finally realizing, is that nobody wants these stocks. No matter what Nutttel says...free cash flow, buy backs, dividends, should be $30 a share, blah blah blah. Nobody cares that the US has oil levels in their reserves equating to what they had in the 80's. Rant over.

[Mostawesomest]

Sounds like someone's cheesed they missed the run up...every day at todays prices BTE's debt decreases and share buybacks continue. Just cause you aren't likely to see overnight 30% gains doesn't mean it's not a solid investment. We're rangebound until WTI moves up substantially , we get news or after financials come out...but I suspect you know this just as well as anyone.

[2dream4U]

This post has been removed in accordance with Community Policy

[dllscwbysfn]

This post has been removed in accordance with Community Policy

[Mostawesomest]

This post has been removed in accordance with Community Policy

[riski]

This post has been removed in accordance with Community Policy

[HighOctane89]

This post has been removed in accordance with Community Policy

[HighOctane89]

That's it in a nutshell mosta , you can see this wants to take off but as long as the paper market keeps choking WTI , it allows these stocks to be pushed around even though they are raking in FCF . You just gotta wonder what it will take for the market to take this situation seriously , when the market laughs off the threat of nuclear war , it raises some eyebrows .  A cold winter , an

[Moemoney42]

Every day, month, quarter crude prices stay in this range the balance sheets improve and the stock count decreases.. unfortunenately the constant negative press has everyone spooked.. somewhat a self fulling prophecy.. and it will take this "stabalization" in crude prices that will support stock prices, but at this point no one trusts the "price" of crude..  I'm

[riski]

Spot on. Let the traders trade and come on here claiming they bought at $1.00. For the holders, hang on to your shares. Everything is pointing North. There will be chop, but you will be happy with your investment a year from now. I saw a post lamenting how they should have sold at $9. No you shouldn't have. $9 is nothing and will be a cheap price for BTE by next spring.