Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Alwayslongson Nov 21, 2021 4:12pm
324 Views
Post# 34151011

Unlucky-please answer these questions

Unlucky-please answer these questions

First of all, there is nothing wrong with bashing a stock and you are free to express your opinion.

but logically you don't make sense. You started saying BTE went to 30 cents before 1 dollar then went to below 1 buck before 2 bucks, went to 2 bucks before 3 bucks, went below 3 bucks before 4 bucks, you were never right in the last year. Yes, you were right very few times when BTE went down for correction like where we are now. You said BTE won't stay above 3 bucks unless oil stays above 80 bucks, look where we are now. 

You said you will break even when BTE is 5 dollars and you will leave board and then you keep saying BTE is a dog and are very firmative BTE will drop to 3 bucks range, then below 3 bucks, so question for you, if you are so sure BTE will drop and oil price will drop as well, why don't you sell your BTE at 4.30 with a loss of 70k, compared to current loss of 120k, and potentially even more then 120k based on your forecast. 

if what you mean is BTE will drop to 3 bucks even 2.5 and then eventually up to 5, if you are so sure, why didn't you sell at 4.3 and buy back at low to make profit.

so what is your point? If you want to express your opinion but now following your forecast to do it, then what is the value of opinion? If you followed your opinion and execute it strictly, we will respect your opinion regardless if it is right or wrong( mostly wrong) but you didn't. So your opinion is pointless and you only jumped out whenever oil price is weak and BTE dropped, for sure you can be right for a few times because everyone knows not oil prices and stock price Cant increase forever. 

If you want to gain some respect, following your opinion and just do it.

<< Previous
Bullboard Posts
Next >>