RE:RE:Should Baytex sell off Canadian operations? What's wrong with Baytex being debt free? Mostly all oil stocks are undervalued aren't they? When will they be valued as they should be? In my opinion if the stock is not valued correctly it means that the market doesn't want it to appreciate, they would rather pick on it as they see fit, drive it up, then short it down, over and over again. If the market won't value it as it should be then the company should pay a large dividend to compensate the shareholders. Yes I had a chance when Baytex hit $9 plus, then things happened, oil prices went from $120 to $60's. SPR releases, recession fears, demand destruction, market manipulation ect. Then Baytex did the unthinkable, they went into even more debt which spooked many to the point it sank to $3.80. Yes this is very undervalued, at the same time there's over 800 shares outstanding with a debt of over $2 Billion plus US in a high interest rate environment. It's going to take a few years for this stock trade where it should be. So once again I still feel that if they eliminate all debt the stock would skyrocket. Baytex bought out Ranger oil, it wasn't a hostile takeover, they didn't have to sell to Baytex. If you want a 200% share appreciation in Baytex then you will have to wait for 18-24 months at current oil prices.