RE:RE:RE:BteI talked to a broker yesterday who stopped investing in Canadian oil. He still thinks that Baytex is heavy oil (the market does not care until it does). $4 bucks by summer is doable with inventory drawdowns and more on geopolitical stupidity (China deal as well).
I agree, best to stink bid now when sentiment is at it's worst (get to your puke point as those are your best trades - average down over time but do not use margin). Hang in there and wait for the just in time cavalry to arrive this summer. Tomorrow, tomorrow, the sun will come out tomorrow...