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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 FullReversalon Apr 03, 2016 1:54am
97 Views
Post# 24724852

RE:Selling above $5, buying under $5

RE:Selling above $5, buying under $5PRO!  Selling your traders isn't a surprise. 

But selling part of your core!!!!  LOL!!!  OMG man!  You gave me such a hard time when I panicked and too early profits on some of my position just before the run from $3-5 and you do the same thing here!!!  LOL

OK, you do know if this takes off, I'll be the one making fun at you for falling into the bashing troop mind manipulation!  

Or was this an April Fool's thing?????  I think you got suckered here to sell before the next run!

Let's see if you'll be able to rebuy below $5....


PROtrading wrote: I sold my traders yesterday at a nice profit.

And decided to take half my core off at $5+ today just in case the mega bash campaign restarts in the press and here. 

The credit facility reduction will likely going to spook some investors and watch the Moody's come for a last swipe with the usual BS.

Having said this, I'm sure I'll regret it but that's why I won't took half my core off the table.
If I wasn't so convinced on the long term and the strong insider buying with no selling, I would have sold all.

Greed and fear.  I can't make 3X without taking some very, very nice profits. That would be greed.

Those in here for the long term, don't sell.




Bullboard Posts