Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

Bullboard Posts

Comment by Purveyoron Nov 25, 2017 8:28pm

102 Views

Post# 27032148

RE:Short Squeeze imminent on BTE, 11.2% shares SHORTED!!!!

... master the market and you have mastered the universe! Boo, ha ha ha ha ha !

PROtrading wrote: Boys and girls. Hope you have a long position on BTE this weekend. The BULLS are back in charge.

With the technicals pointing straight up and the fundamentals on flashing GREEN at BTE with WTI crude >$55, get ready for a nice run!

With 8,205,702 shares shorted out of 235,450,896 issued shares on the TSE and 17,732,100 shares shorted on the NYSE out of 231,161,800 shares float, we are in for a nice short covering. The short ratio is 11.2% of the float!!! Shorts have to buy 26M shares to repay their loans!

That's 5 solid days of just short sellers buying and sharp longs will front run the nasty little midgets!

Greed catches both long and shorts! I love greed and fear. Master that and you master the markets!

LOVE IT!

PROtrading - market master & monster ;-) LOL