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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 Chief1on Jul 25, 2016 7:28pm
74 Views
Post# 25083247

RE:RE:RE:RE:Yes, short term looks ugly

RE:RE:RE:RE:Yes, short term looks ugly
Nessrookie wrote: You took a really nice profit at $9.  (Your gut told you to hold off to re buy). Yet you pumped this every single day after that      Did you PM chief encouraging him to hold when he could have booked a $250k profit?    Sure you don't work for GS?   

Thanks for your concern Rookie but you can't blame Pro. It was my own greediness that I lost out. It was my intentions to sell half my shares at $9 but I got caught up in the momentum and didn't want to lose out and sell to soon. I've also tried trading this but found myself on the wrong side of the trade a few times so didn't think it was worth it anymore. I'm also convinced that this glut isn't as bad as its being portrayed in the media and we'll soon see oil going back up soon. No one can blame anyone but themselves for buying or selling at the wrong time. GLTA 
Bullboard Posts