Timber!Down she goes, how low nobody knows! Again, does BTE pass the eye test? No. It just keeps dropping. You know it's bad when everyone starts saying the same thing happened to other stocks. Already down 5 percent from $4.72, only 5 percent away from correction territory. Then we enter bear territory. As a shareholder for 8 plus years who needs $5 to break even this constant yo yo up and down is frustrating and disheartening. The stock looks like a duck, walks like a duck and talks like a duck. We even have shareholders saying it's buybacks or bust come February 24th. Too soon for that to happen. If something is a game changer in Clearwater announce it. We are still in the fifth wave of Covid, Russia and Yemen are baked in. Don't see the catalysts to prop this above $90 for months on end. If we get a pullback in the oil price down to $79 we end up well under $4 this year.
Nothing I said is outrageous or ill informed. To think Baytex used to be a $9 stock at $50 oil. We just keep bleeding and leaking oil all the time. I hope for a turnaround but it's been tough sledding to get back to the promised land. 20 million shares short are short for a reason. I can't believe how many have blinders on here.