December 20 listing
BTE SP has taken a beating recently with commodity prices falling like many other energy stocks but Tech stocks have been hit harder. With the December 20 listing, Baytex has been held down purposely for the institutions to have a lowered entry point, hence Nine point and others will capitalize on the FOMO, fear of missing out syndrome. Yes patience will be rewarded once listed on the TSX 60 index. At least BTE and others are making FCF unlike many Tech's and weed stocks that are losing millions every quarter, valued in the Billions with their shares trading at 30x,40x,50x,60x,70x,80x earnings. The stock market at most times makes no sense but sooner or later the companies that are earning millions every quarter will have too go up in value.