Baytex Energy Corp T.BTE

Sufficient Supply And Weakening Demand

[smallcaptdr]

We should be pushing the SP up to 52-week highs as Oil trades in the $70+ and paying the same price for shares that were at these prices when Oil was at $95 has to be smart and as Oil heads lower let's push the SP even higher! Who cares if the company's revenues are down $20 a barrel from the last time the SP was this high because this is how it's done in Bizzaro's world. Enjoy playing with yourself, but I'm not trading today because I can't pay more for something that the risk is increasing to heading lower.

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[ABCorp]

Its not that hard to understand. This stock was way undervalued before... Baytex has made hundreds of millions of dollars this year and paid huge amounts of debt off... The current oil price is not the only factor in determining the value of a company....Baytex is a different company going into 2023 then it was going into 2022....

[GambinoB]

Also he seems oblivious to what the impact of the hedge book change is. BUT HE IS STILL SCREAMING STOP BUYING EVERYONE SELL ME YOUR SHARES! WHY ARE PEOPLE NOT SELLING ME THEIR SHARSS HERE IF YOUR NOT GOING TO SELL ME SHARES FOR A LOWER PRICE THAN I'M NOT TRADING LISTEN TO ME I'M A PROFESSIONAL DAMN IT! COMPANIES DON'T CHANGE IN VALUE THIS HAS ZERO BASIS IN ECONOMIC.  WHEN

[BobbyBoy]

Elevator going up, you better jump on quick.