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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
Post by Wonnetron Oct 29, 2016 5:17pm
183 Views
Post# 25402305

I can't lose holding this stock!

I can't lose holding this stock!
I bought a bunch of stocks in oil when oil was 27-30 bucks. My original investment was about 20 K total. Made a shite load in Teck and off other oil stocks, ECA, BTE. I'm up 60 K on that 20K. So I hold about 80 K now. In only 8-10 months. I have 10000 BTE now. And about 10K in other stocks in oil. Plus now I hold cash of about 20 K. All you idiots saying oil is not a good investment were saying the same shite when oil was 30 bucks. Even if BTE goes back to 2 bucks. I will still have 20K in BTE stocks plus my 20 K in cash. So, guess what?! I don't care if it goes to 2 bucks! I lose nothing. You losers will, but me. I'm hold out for 25 dollar BTE and 20 K , year in dividends. You idiots day trade and short this and tell me how much you have 2 years from now. You will have pissed all your money away, and you wife will have left you. Good luck with that, but my strategy of losing nothing will prove to make me money in the hundreds of thousands. And if not, I can't lose! Even if this goes to zero, my stop loss is at 2 bucks, so I can't lose!!! I will have still doubled my cash even if this goes back to 20 bucks! It's called taking out your origional investment and setti your stop loss at a level of profit. You losers on the other hand can't stop flipping so you don't even know when you stopped or started. End of the day, you are all losers, and I on the other hand can't lose! Ha!
Bullboard Posts