RE:Baytex vs Crescent PointYea, sell CPG at a huge loss so you can buy BTE. Doesn't sound like a smart move with the current market situation!
Read the current IMF report! They have asked/ told/ suggested the market to become volatile and become bearish on oil. Who do you think the IMF and world bank is run by?
This whole frigid mess is being orchestrated by the American big boys to bring volativity back to the markets.
The boys are unable to make good use of those trillions of $$ they have from QE so they need the volativity to make some real cash from the week hands.Where does that real cash come from? Us getting scared and selling into this mess!
Who knows where this will end, but I'm pretty convinced they will play both ends and will bring the markets back up when they have created enough carnage.
So until then Im not selling and buying small amounts on drops.