ResearchSeeker wrote: The tell is in, and the conditions are right. There is a disturbance in the force, within the Baytex universe. The bashers will try to use Jedi mind tricks on you today. It’s all laughable now.
The first post last night when oil opened, suggested oil was down hard. It was less than US $0.20 the few times I looked. Now a few dollars down, it does this a lot of the time anyway.
Buyback blackout period is over, and demand is likely to be higher today. It is not known whether Baytex buybacks will initiate today, though they are clear for take-off, if they do.
Grab some beer, and watch the fireworks. It will likely be down in the morning, and up in the afternoon. There is no guarantee I am right, so don’t trade on this statement. Just get a good laugh from it.
RS
https://www.zerohedge.com/markets/buyback-blackout-period-over-and-10-more-reasons-goldman-calls-end-market-carnage
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