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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 > Glad I sold in the $6’s
View:
Post by Snowballer on Oct 26, 2023 9:43am

Glad I sold in the $6’s

Will have to start a new position, again for the 50th time lol
Comment by dllscwbysfn on Oct 26, 2023 11:34am
I sold at 6.31. Wait a week or 2 and I will let you know what other great moves I made.
Comment by masfortuna on Oct 26, 2023 11:47am
I also sold at $6.31 and bought back today at $5.95. If it drops below $5.95, just ignore this post...
Comment by Cobalt on Oct 26, 2023 11:50am
Gratz guys well done
Comment by riski on Oct 26, 2023 12:51pm
Welcome back.
Comment by Snowballer on Oct 26, 2023 4:48pm
It worked out well cause my financial sector plays are getting a beating and I'm underwater on them so it was nice to fundraise from my BTE holdings and average down. Still have a TFSA account long BTE tho
Comment by Snowballer on Oct 26, 2023 4:51pm
That TFSA position is low $5's so if we get a run to $8 or $9 that will be a sell. What is your average now Riski?? I know you've been a long time buyer. You still under $1??
Comment by riski on Oct 26, 2023 6:47pm
I'm up to $0.71.  Yes averaging up for quite some time. Over 1.3 million shares. I like this name more than ever if oil can hold above $50.  HWX and MEG also cruising right along.  What a beautiful energy bull we are in. I'm grateful for the opportunity, and I extend most of that gratitude to the greenies who made it possible.  "Oil is dead" ...more  
Comment by Snowballer on Oct 26, 2023 6:56pm
Wild that you have managed to hang on for this long that is one crazy average. While previous $9's obviously would have been an epic exit it seems no matter what you'll be rich (seems you already are haha).  Congratz on being the long term contrarian. And not that you need my 2 cents but just be cautious on the arrival of the so called "hard landing" whenever, if ever it ...more  
Comment by riski on Oct 27, 2023 12:35am
Yes, I'm rich in stock - only because of this opportunity - but not in cash per se. Thanks for the reminder, and I'm wary of the cyclical nature of oil and have my targets on the upside and down as well as a time target as I'm not getting any younger. Base on the current available information, there is a lot of room for this to run with substantial downside protection in OPEC and SPR ...more  
Comment by Snowballer on Oct 27, 2023 9:20am
Today's geopolitical headlines a good reminder to hold energy.  Natgas jumped too this morning so should be a nice run ahead.
Comment by IainCaimbeul on Oct 26, 2023 6:56pm
Was May sober at the time in 2020? At a fairly recent meeting between between some parliamentarians and the PLO she stated when asked a question "I take my marching orders from the representative from Palestine" oh really. If she has a security clearance it should be pulled.
Comment by Cobalt on Oct 26, 2023 7:58pm
"What a beautiful energy bull we are in. I'm grateful for the opportunity, and I extend most of that gratitude to the greenies who made it possible" "Gulf oil lease sale postponed by court amid litigation over endangered whale protections"
Comment by masfortuna on Oct 27, 2023 12:02am
LMAO Cobalt!
Comment by dandu1924 on Oct 26, 2023 8:10pm
Risky  is the one of smart guy, like  me.  Holding your shares  what ever the fake investors said.
Comment by Hightowntrader on Oct 26, 2023 9:55pm
Don't exclude my all time favorite: " I believe that #oilprices are on their way back to $12."  Cathie Wood July 15  2020...
Comment by Hightowntrader on Oct 26, 2023 2:39pm
Ouch...The embarassing amount of stupidity one feels after they make a poo disturbing post minutes after opening...And then kick themselves while they watch the stock blast back and into the green...lol Thanks for making our day! ;)
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