Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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.

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Baytex Energy Corp > Remember the traders from last year at $3.25? Where now?

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Comment by GambinoBon Nov 30, 2022 6:07pm

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Post# 35141297

RE:Remember the traders from last year at $3.25? Where now?

Rotflmao....ya bagholder at $4.25

Lmao.....

Now that is hilarious

Next year we can look back at their bagholder at $7 and laugh while we close much higher

How can these dum dums be so wrong for so long?

They are worse than Biden....and THAT is BAD

Lmao

riski wrote: Last year when we hit November/December weakness falling from $4.25 to $3.40's the traders at the time were all over the board laughing at "bagholders" and trying their best to work the share price down.

The share price took off in January and we never heard from them again.

Now we are more than a double from there and we have new traders doing the same thing in Nov/Dec. Soon the share price will take off and we will never hear from them again as they are left on the sidelines permanently.

Same cycle since March 2020. Predictable.

Wednesdays are sell the news days. More traders shares getting taken out by share buybacks today as they tender their shares on any news. The vast majority of shares are now in the hands of people who are holding for the big payout. That's why the price doesn't drop 80 cents a day when oil is volatile anymore. The shares traders have been trading among themselves to cause the wild price swings are being cancelled. Now they complain that the price doesn't swing enough. Lol.