Baytex Energy Corp T.BTE

Here for a Million$ , not hundreds or thousands

[ManitobaCanuck]

Not selling my stocks at 3 or 4$ .
Am here for a million$. The pain of last 4 years will reverse and my stocks would be >1 mil when this goes above 4$

[riski]

Exactly this.  It's crazy to see people on here trying to time little dips in the share price in the face of such powerful momentum.  Why fight the trend? I have been holding this since 2014 adding all along the way including 0.33 which is now a huge position.  The ingredients for a powerful oil rally have been in place since 2016.  There have been many things that have

[dandu1924]

For me too, the last 4 years has been a pain in the hhh and now  I am back on the track and I will stay on the road until we get $10, should be easy  with all the good stuff is coming, oil price, debt reduced, FCF up, buyback ( shares ), dividend ect, like the things were before the 2015, in facts oil sector is a cycle and now we are in the bull cycle. 

[1234bmth]

Taking in to account current oil price (oil has made good run), if BTE continues to go up at this speed ($0.03) per day which is not in line with oil price, even $3 will be hard to reach, because oil can't go up forever, any corrections on oil price will push down SP that will wipe out 3 to 5 days gain. We need at least 3 to 5 days of $0.15 or more jump in SP to off set any oil price

[Antonyius]

once the market realizes the value of the stock it'll gap trade up. Stocks don't go on a linear trend

[riski]

This isn't a math problem to try to solve.  This is a market with emotional people intersecting for trades.  Don't expect it to be logical every day like algebra.  But at the end of the day, value always prevails.  

[Unlucky13]

Poster 1234 is correct and so is real other poster but at some point it is what it is.  I think goinguo 1 penny when oil is over $70 is very alarming.  At $72.50 BTE is not even $2.25.   At $65 oil it's probably $1.99, at $60 it's probably $1.50 and at $49 oil it's 99 cents. At $75 oil maybe $2.40.  At $80 oil $2.75,half of what Nuttal predicted.  I think

[1234bmth]

Taking in to account current oil price (oil has made good run), if BTE continues to go up at this speed ($0.03) per day which is not in line with oil price, even $3 will be hard to reach, because oil can@t go up forever, any corrections on oil price will push down SP that will wipe out 3 to 5 days gain. We need at least 3 to 5 days of $0.15 or more jump in SP to off set any oil price correction

[1234bmth]

Sorry, I reposted my previous post by mistake.