RE:RE:RE: Baytex appears the best bet in the oil sands today.orlandofl wrote: Ocalaman wrote: fellowship wrote: Still, for investors willing to look past short-term performance in favour of long-term value, Baytex appears the best bet in the oil sands today.
https://www.fool.ca/2017/04/04/baytex-energy-corp-best-value-in-the-canadian-oil-sands-today/
for every article supporting one point of view there are many supporting the opposite point of view. If you believe Fool.ca provides legitimate perspective , good for you. It is apparent that you choose to ignore many analysts who think this stock is an underperform . good luck
I'm long BTE, but did he say it is a best bet if you are long or short? LOL, it has been a dream come true for shorts as of late - hopefully that will change - I have been waiting on a real oil rally for over 3 years - my timing is a bit off, but it may still come yet.
Yes , true if long oil you may be right, my point is really that there are many more companies out there that are financially more viable to play the long oil story. To cherry pick an article to support a position is amateur while ignoring other sources. Therse guys have a roadblock many others do not have, they paid a premium price for Aurora just before the turndown and have exposed themselves for a long period of time. Anyone who has been around the horn a few times knows interest rates are not going lower, banks always have the last say and investgors always follow the path of least resistance. Sorry but I think this is now a speculator stock not a viable long term play. I owned it back when it was $48.00 and oil was $100.00 plus but lost some money and bowed out because of the debt , only my opinion but this is a blog afterall where everyones opinion is just that, an opinion.