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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 Oct 06, 2023 1:34pm
162 Views
Post# 35673538

RE:RE:RE:RE:RE:Market Order scam....

RE:RE:RE:RE:RE:Market Order scam....Yes, front running is a different topic made famous by "Flash Boys". There was a lot of angry hoopla around it, but I see it as more of an interesting irritant than something to get super angry about. As retail investors, we are not investing enough cash for a penny to make that much difference. If you believe in the stock, the penny more expensive won't matter. 

It's annoying that banks and brokers can make millions using this technique and seems like it requires some regulation, but in the grand scheme of things for a retailer, it's a small tax in a world where only a few decades ago, banks/brokers charged $100 for a trade and tacked on lots of other fees. Retail is much better off in the internet age than before, even when there is front running for a penny on our trades - which I doubt is the case on something like BTE. HFT works best on VERY liquid stocks like megatech and other companies trading tens of millions of shares every day. 

Moemoney42 wrote: Yup riski, you nailed it with both posts.. these computers can front run us retail folks any second of the day down to fractions of a second.. agreed.. always use a limit order and fill before the close if you so choose if you don't get your fill to avoid extra fees the next day.. 


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