RE:We are actually....bago wrote: .80 from 50 on July contract, half the trading is already on the July contract which starts next Monday. See what happens tomorrow. The only problem with BTE trading right now it's created no buffer if oil pulls back a little. If oil went to 45 we are in the 5's again so since it's been trading weak we need oil to keep rallying the next few days and give the stock a chance to pop. We could get a pop on a day oil is down but the way BTE is trading right now it will be difficult. All of a sudden it seems such a struggle to hold any gains. I am surprised the way it's reacting after the earnings release, the numbers weren't great but hey not many have had good numbers and I think they showed enough to participate in this rally as of late but here we are tradin lower than 3 weeks ago when we hit 6.74 or so.....glta
What happened to all the people who said Baytex would be $10 when oil hits $50????????