Baytex Energy Corp T.BTE

RE:RE:RE:RE:RE:RE:RE:RE:I thought I heard a train coming haha

[Snowballer]

Thumbs down. (Can't find that icon option when I need it).

masfortuna wrote:

Snowballer wrote: Bro, give it up.  I can't be more clear... there are numerous supports and resistance points. I try to be aware of them, I point them out and I do my best.  I don't know where they actually go or when they actually hit.  But when they do, I'm there, ready to make a move.  Again, responding to you is becoming a waste of time.

masfortuna wrote:

Snowballer wrote: My statement is accurate, your's isn't.  Oil is a correlated indicator (the "underlying" driver). You questioned me about a $3 dollar spread on WTI and why I would sell the stock. If if oil went up $1 from here that doesn't make the Stock a buy. I don't think you're nuanced enough or perhaps I am overlay nuanced. 

Either way why don't you guys just leave me be?  Notice I don't try to tackle your posts?! Cause I could care less about what you post.  I'll read it and if I have a genuine question I'll ask.

Clearly I'm getting uder your skin. 

masfortuna wrote:

Snowballer wrote: lol wow look at all my customers this morning. 

1) I'm trading stocks with oil as an indicator (i'm not trading the commoditiy)

2) The SP performance is at risk of much further underperformance

3) I preserve capital and don't mind spending a small amount of money to flush out my tail risk trades.

4) It's no big deal to me to buy back in higher if my confidence on the diection and momentum is increased.  THIS IS LIKE A HEDGE AND IS BOUGHT AND PAID FOR IN STEP 3)

masfortuna wrote:

Snowballer wrote:

To use my last analogy lol see if I will jump off it today. Fortunately because I trade this will cost me a fraction of my last trade's profit. 

we shall see! Perhaps I'll add instead. GL everyone 

If your call was for a max low of $77 (3 days ago) and you already bought, how does it make sense to sell at $79???
 

 

 So if I understand this correctly, when you want the sp to decline, you post here that you expect WTI to decline and will hold off on buying.  If you get it wrong, then you post that you don't trade the commodity.  Is the above statement accurate???

 

You are not getting under my skin. I have no issue with anything you do. I do, however, reserve the right to question your thesis. As an fyi, when you post something in a public forum, it becomes open to criticism. As I said above, you wanted to wait for $83 to buy because you expected the floor to be $77 for wti. No you are claiming that the price of oil doesn't affect your decision when buying or selling. It's contradictory. Also when you post false or misleading info on a company I own, it doesn't create a "luvy-duvy" situation.  Insulting people who call you out and then asking why we bother posting "on a bullboard" strikes me as either naive or dishonest in the type of response you expect.
 
 

 

It's not your support points that I commented on. It's your statement that you don't buy or sell based on how wti trades. Get it???