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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 > Good times!
View:
Post by jmaan on Jul 28, 2023 12:46pm

Good times!

Good thing's come to those who wait! Longs that waited through all  this turmoil and negative post's  this is for all you that stuck it through! BRAVO,BRAVO! your time has come to reap the rewards of your patience!
Comment by Petrotech15 on Jul 28, 2023 1:19pm
You got that right !
Comment by ManitobaCanuck on Jul 28, 2023 1:26pm
Relax Buddy. Just enjoy your winnings :) . I am just watching on the sidelines ,having loaded and averaged down on this . 70% of my portfolio is baytex
Comment by dandu1924 on Jul 28, 2023 1:30pm
So you sold all of your ATH, don't you.
Comment by dandu1924 on Jul 28, 2023 1:32pm
The message was for Manitoba about the sale ATH, sorry.
Comment by ManitobaCanuck on Jul 28, 2023 3:23pm
Yes , I did sell out ally my Athabasca between 3.25- 3.5  . Paid Turdeau cap gains of 25% on my winning and deployed left over in Baytex which was too cheap to avergage down when it was at 4.1 . Hopefully this will be my last bet in Baytex to give a 2x/3x before i put everything in a brad market ETF and retire to live off passive income .
Comment by Moemoney42 on Jul 28, 2023 3:39pm
Yes needless to say the shorts are getting crushed today..! Love it..!
Comment by Moemoney42 on Jul 28, 2023 3:44pm
Next move is to take out that ~$5.50 resistance, then the ~$5.75 resistance, then march up and take out that ~$6.25 level.. once BTE shows the market what the Ranger deal can provide with full quarters going forward, I don't see why those levels won't be met.. ;-)
Comment by OLIVIER1951 on Jul 28, 2023 3:53pm
OUI, RANGERS APPORTERA  DE  L,' EAU  AU  MOULIN,  TARGET  DE  10$  D'  ICI  DEC ESCE  TROP  OPTIMISTE
Comment by dandu1924 on Jul 28, 2023 4:00pm
Non, compte tenu CPG est comparable et le prix est $10.62. Donc la patience aura payer mais ce n'est que le commencement du nouveau BTE
Comment by Moemoney42 on Jul 31, 2023 3:46pm
Just as I thought.. that $5.50 resistance is a crucial level to break through.. I'd say tomorrow assuming crude stays at these levels we could see a second run at it.. sooner or later it will fall and $5.75 will be the next to bump up against before a pull back IMO.. ;-)
Comment by masfortuna on Jul 28, 2023 3:00pm
Thanks! I'll take it. And my baby "OBE" is waking up too.
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