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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 blackaceon Apr 06, 2016 11:20pm
106 Views
Post# 24739389

RE:RE:RE:Oils futures & the leverage traded oil funds/notes

RE:RE:RE:Oils futures & the leverage traded oil funds/notesYou are right.  I learned my lesson in the 2008 crash when I witnessed (and didn't participate in) many stocks bottom and subsequently rise 500-1000%, all the while the media manipulated the retail investors with fear all the down and all the way up.  A stock in particular I tracked, LVS, went all the way down to $1.00 and subsequently up to $50 over a 12 month period and I didn't get in at the bottom because of fear and how the media sold the fear throughout this event.  The same thing is happening now with many stocks, including BTE.  I guess they (Goldman/Morgan/Barclays) think we all have short memories.  Well they are wrong, BIG TIME.  And like you said, they are now in a frenzy, salivating at the chance to own our shares, using every news tactic to spin the truth in order to get you to sell to them.  Hey Goldman, I’m not selling, and now you are going to have to buy NOW in order to satisfy your biggest clients who are about to witness the train leave the station. 
Bullboard Posts