Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

Bullboard Posts

Post by quickwinson Mar 01, 2016 11:02am

107 Views

Post# 24608744

Stages in oil investing

Baytex and energy sector shareholders from the highs have gone through, in sequence:

Euphoria at the highs
Anxiety as the stock started its decent
Denial
Fear
Desperation
Panic

At the lows there was
capitulation driving this to $1.57!
despondency
depression

For anyone not new here, is "depression" the current state for you?

If so, it's the point of maximum financial opportunity.

Next comes:

Hope
Relief
Optimism
Excitement
Trill
and Europhia

...........

Buy at depression, sell at euphoria! Unless you are a daytrader like many here.

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