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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 BayStreetWolfTOon Mar 17, 2022 7:01pm
187 Views
Post# 34523609

Do your own research avoid the pump/dump..bash/buyers

Do your own research avoid the pump/dump..bash/buyersBelow you will see the alias clan of NM/DP/Unlucky/OMG and his merry gang talking gaps again...here we go again...such amatuers...at least post all the facts on gaps...just same old pump/dump bash/buy artists.

However it's always funny the conviction of people and gaps...two things

Point #1.

My private message to someone back in October
 
To: XXXXXXXXXXXXXXXXXXXX
Date: 10/19/2021 3:46:59 PM
Subject: RE:Those gaps
"Personally I think we are seeing a breakaway gap....if I got a buck for every time someone called a gap fill on a small/micro cap stock I would have lost out on lots of money over the years....but that's just me so you need to ask yourself I guess if there is a "fundamental dramatic change in the security"...just my opinion but I think the price of oil, supply crunch and Clearwater are exactly that....not sure anyone could change my mind...this gaps always filled is garbage imo.
 
Good luck either way with your decision"

I really hope he held on!

Point #2

Here is a poster who back in October who again was adamant gaps ALWAYS get filled...I imagine still waiting as BTE NEVER hit the 2.80's from October 18th to the current date...He argued with me gaps ALWAYS get filled....these kids and their absolutes. Who know he might have convinced some people who don't do the research....


Natgasbc2021
October 18, 2021 - 08:35 PM
Post# 34020528
RE:The markers are telling you
I will buy gap in 2.8s


LESSON NEVER SAY ALWAYS OR IN THE CASE OF NM/DB/Unlucky/OMG "Needs too" LOL


Morale of the story do your research and understand market fundamentals

See below for pleasure reading for education purposes only...

"How to Recognize If a Trading Price Bar Gap Will Be Filled -
You may hear that a gap in a trading price bar must be filled. This emphasis on filling the gap is usually nonsense uttered by people who are trying to sound worldly and wise, but really don’t know what type of gap they’re dealing with. Filling the gap means that prices return to the level they occupied before the gap. This figure illustrates filling the gap.

When a gap will be filled, and whether it will be filled at all, partly depends on the type of gap you’re dealing with:

Breakaway gap: Sometimes the price doesn’t return to fill the gap for many months or even years — if ever. When the fundamentals of a security change dramatically, why would market participants sell it back down to the level it was before the big event? Conditions have changed permanently and so has the price of the security. If a company has invented some new must-have product, the new higher stock prices may not be the right price, but the old prices based on the old conditions aren’t right, either."




Nothingmatters wrote: Yes it needs to cover the $4.96 gap...
deepblue wrote: With all the whining on this board. Manipulation..blah blah blah. Lmao. Yes shorts will cover but won't be until sub $5.00


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