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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

Comment by riskion Mar 31, 2023 12:47pm
195 Views
Post# 35372109

RE:RE:RE:RE:Time to admit we were all wrong

RE:RE:RE:RE:Time to admit we were all wrongYes and from $0.69 to $0.39 and from $1.25 to $0.75 and from $2.75 to $1.80 and from $3.40 to $2.40 etc etc.

This is just another bump in the road. I don't have the magical power that you have in your fantasy world to predict short term movements of a stock. So I EXPECT to see my investment go down 50% several times over the many years I plan on owning the stock. That's the difference between investing and gambling. This isn't fast money like everyone wants, but it works and it will make you a lot more rich than jumping in and out with a few hundred shares.

Idenfity a great opportunity, go big, and sit tight. That's the path to wealth. Crystal balls are for small time gamblers looking for bake sale profits which they rarely get in the long run. Most lose. 

Good luck with that.

TheWokeLemming wrote: LOL!   Yes not selling at $9 and riding it back down to $5 was definitely brilliant.  SMH.  


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