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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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by purehellon Jan 15, 2016 3:11am
119 Views
Post# 24460856

RE:RE:for those who are new to this board....

RE:RE:for those who are new to this board....Unlucky13.  Here's a tip, if you are in for that number of share, put the computer away and check in April.  Then, sell everything and park your money in a well managed Mutual Fund.

If you do stay in the markets, learn about stop loss, not applicable at lows, and learn to do technical analysis.  It's great stuff. Clears everything up.

No shareholder should be bashing the stock to the incredible levels you are unlucy13.  

I feel your frustration.  Best is to accept the loss and decide what to do with the market value.  Ignore the book.   I hate to say it but at the first 20% run, sell.  Book value goes to zero and you can start fresh here or somewhere that will be more positive for you. 
Bullboard Posts