Baytex Energy Corp T.BTE

Can you imagine

[PictouBoy]

Buy 50000 shares today, go on with your life and in 2030 you'll have 20 million dollars. Or..... you can whine everyday that your mom didn't pour you enough milk in your fruit loops. Just what I think will happen with oil stocks. I'm with Buffet.

[mckayk3]

In what world is this a $220 Billion company?

[JohnnyDoe]

Better yet, I'm wondering if I can get an advance on my 20 million

[HighOctane89]

WTF ??? 220 billion dollar company ? What are you talking about ?

[HighOctane89]

OK I get it Pictouboy's 2030 math , my mistake . But here's one for you ..... if a company with a 2 tier voting structure , that doesn't actually make anything and year to date has lost $2.8 billion , in what world is that worth $55 billion ?

[PictouBoy]

You are likely born into the best 30 years humanity has ever seen.  Once debt free where's all the money going to go?  In the 70's oil was 140 a barrel. Do the math to todays money. SPR is done. Manipulation is over. Buffet is correct. 

[HighOctane89]

I'm not sure which 30 years you refer to but I will say this , I had a driver's license in the 70's and I remember buying gas in southern Ont for 87.9 cents per GALLON (not liters) . North shore of lake Superior in 1977 was $1.02 per gallon (not liters) and in Regina it was 49.9 cents per gallon (that's like 11 cents per liter) . Kinda makes you wonder who is really reaping the