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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 1nt2Tradeon Dec 20, 2016 10:49pm
115 Views
Post# 25628074

RE:RE:RE:Wow, WTI up to $53.48, $1.30 higher than the close.

RE:RE:RE:Wow, WTI up to $53.48, $1.30 higher than the close.
Exactly selling into a run is never a bad move and the CEO's, and profitable investors, know this.  THERE ARE ALWAYS RUNS EVERYWHERE EVERYDAY.  Never fear missing out ie. never FOMO!   That comes from a position of scaricity but with the market there's always  an opportunity.  When the market rallies there are always long positions when it drops there are always shorts.  Hope is not a reliably profitable strategy.  Using emotional statements trying to make everybody feel good with words, while completely ignoring price action, is outrageously reckless and ignorant.  For example by saying things like oh don't worry things will turn around  they usually do etc. this is lame loser speak.   Hope (of an OPEC agreement as an ex)  being the underpinning of their investment philosophy.

Always remember what matter's is why?  Why will XYZ rally tmr?  Why will oil drop tmr or next week?  Why will shorts be squeezed?   It's total useless garbage, unless you have a proven track record,  to make a statement like shorts will burn etc without any justification as to why  ie. Bidgstar the one liner douche who waffles back in forth based on zero justifiable WHY underpinning.  

I've said this to PROlapse that being right for the wrong reason is the same as being lucky or UNlucky13. 
Luck or hope is not never reliable long or short term strategy.  

Oneitis or one direction will get you roasted.  I'm so scared about mssing the run.  lol  Who bought CNAT on the pre-market support levels today and sold into the run?  Who saw PIR was an earnings winner last thursday and bought dips $8?   Who sees the volume dropping on CGC and price action fading into the closing and the fact that they were CAP valued @ 1 billion at the peak with  only 10 million in revenue and thereby shorted the rallies?    

Who is going to buy FRED  tmr @ $20?
Bullboard Posts