RE:RE:RE:RE:Baytex Energy
Beakr123 wrote: $82/share? Come on man. I love the optimism and excitement but lets get back down to earth here. Gone are the days where everyone loved energy and supported inflated share prices. Even though we are seeing some great profitability return to the sector, it still faces a tremendous amount of headwind and volatility. Great returns will still come but come back to reality and give yourself a realistic expectation. As an investor who has made a ton of money and also lost a ton of money, I encourage you to reign in the dramatic fantasies and dont be afraid to take profits. Looking 2-3 years out and commiting to own for that long without further consideration is a poor strategy and one that could very well see you lose your investment. Be smart.
at current share count, that makes it a 46B dollar company at 82/share LOL. Now, one could say it could get there if they buy back enough shares - which is true but there would be 100 shares left lol. Love it to 8 hoping for 10, and then we'll see.