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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > One good day isn’t enough
View:
Post by Unlucky13 on Aug 10, 2021 6:51pm

One good day isn’t enough

I got stopped out under $2 yesterday and now need north of $8 to break even.  Sorry, not getting excited with oil up one day.  $68 oil is near the peak and we can only go down from here back to the $50 range.  At $50 oil this is a 99 cent stock.  Terrible summer with Corona raging and likely we just drift and are range bound from $1.90ish to $2.30ish.  $3, no chance for that!  That would take $85 oil and that's not happening in 2021!

BTE needs to miraculously go up and soon because I am paying $2000 a month in carrying costs.  I continually doubt it because every time it goes up it come crashing back.  $2.58 to $1.75 this summer so being at $2.20 looks like a lower high followed by a lower low.  It's just a dog of a stock that was once $50.  Just a lemon.  Most investors have already jumped ship, the house of pain is real.
Comment by BayStreetWolfTO on Aug 10, 2021 7:15pm
Don't get caught in others games. Unlucky13(539) User ActionsJuly 18, 2021 - 11:31 PM 75 Reads Post# 33567661 F * @ k Baytex Oil is down a dollar now. $1.99 tomorrow. What a complete dumpster fire. F * % k me. All I do is lose money with this dog. Fundamentals should rule your decisions. The shorts and environmentalists will stop at nothing to distract you. Always be cautious use a financial ...more  
Comment by Unlucky13 on Aug 10, 2021 7:32pm
Pretty consistent if you ask me.  I have always been down on this stock and some new guy who goes but the same thing is trying to copy me.
Comment by TrendSwapper on Aug 10, 2021 8:32pm
You're pathetic!
Comment by dandu1924 on Aug 10, 2021 8:52pm
Yes, he is deeply sick, and do not cares about him, just ignore his post.
Comment by masfortuna on Aug 10, 2021 8:56pm
I don't believe anything you are saying. The fact that you waste your time posting lies is really sad.  The fact that some people here waste their time actually paying attention is worst. You keep saying you are out and magically you still seem to have shares (stopped out at $2??? seriously???). Misleading investors should be a crime.  I had you on ignore and yet somehow I can read ...more  
Comment by dandu1924 on Aug 10, 2021 9:02pm
Just roll over his post, this is what I am doing since 2  years ago, always the same BS.
Comment by Unlucky13 on Aug 10, 2021 9:26pm
Dude, understand how margin works before you shoot your mouth off.  At one one point I had $500000 invested in BTE and am down $300000 plus.   I bought at $50, $40, $30 and finally some at 30 cents.  Still playing catch-up.  The stock is a lemon, I am not lying about anything.  I own about 90000 shares and was forced to sell under $2 about 15 percent of my shares because ...more  
Comment by TrendSwapper on Aug 11, 2021 12:06am
Great, based on that, all I'm hearing is that it's a great buy right now then, for us investors that weren't so, "Unlucky", right?
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