RE:I own an oil stockStockhudson wrote: that has a great area of production in the Clearwater it has great FCF it also had been paying down debt it has been buying shares back all positive things that stock has gone down since I sold some at 9.12 why is this stock not much higher and dont tell me this is Maxmoe s fault I await your replies to the oil stock that I own not mentioning any names lol
Huh? Wushu? I Still own bte and Ath and cve and some gassy names. I rarely post on stockhouse anymore and even less often on baytex. I just got tired of it and the new rules are not friendly towards a grumpy old fart like me. Still satisfies my criterion of 100% upside target. Yeah, I pealed off a few thousand shares here and there to invest in gold and other sectors. Kinda have to when it's up 20-30X if just to rebalance. Blame me for what? Never mind, I don't care. I invest, I don't flip and trade. You never ever have anyone to blame, or thank, other than yourself. If you need someone to blame, pay a financial advisor. That's one thing they earn every penny for, Especially in a bear market or even an overdue correction. As for your scenario, when will people grasp it matters less which ONE you own in oil stocks. I'd bet every oil stock is down, substantially, since bte was $9.10. So it doesn't matter if you own bte or some other "better" Clearwater play. I own BTE for leverage to higher oil prices . If oil goes back into the 90s they all do well. If it drops to the 50s, none will. Simple. I'll stick with my basket of goodies until Easter at least. Maybe next Easter.