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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 > Buy it while it on SALE!!!
View:
Post by Owlseye1 on Aug 19, 2021 11:04am

Buy it while it on SALE!!!

MANIPULATION OF OIL MARKET!!! CHINA USA ect wanted cheap oil so play the Covid BS!!
Comment by forecast123 on Aug 19, 2021 11:10am
yes, ...Am on the lookout to pick up some @1.80$ but not sure whether this hurdle will result in SP to 1.80$
Comment by deepblue on Aug 19, 2021 12:04pm
1.80 is still to EXPENSIVE!!! Wait for 1.68 or less.
Comment by BayStreetWolfTO on Aug 19, 2021 12:17pm
Personally I'm waiting for < $1=""> But I need a lot of shorters to help with that...if we could only get the float to 10% short That way the company spends less on buybacks also!!
Comment by BayStreetWolfTO on Aug 19, 2021 11:11am
It is interesting for sentiment to contradict data Draws...yet price decline While I agree $1.90 is a good price...it would be helpful if shorts could drive it below $1....but I think we would need a 10%+ short position to do that. The key I always say is the price over the management price. YES!
Comment by forecast123 on Aug 19, 2021 11:24am
In Aug 16 2021 presentation, ED said early 2022 for sizable share buyback...    Hope they move up the schedule of buyback earlier to benefit from this SP fall rather than sticking onto Jan-Feb  2022.
Comment by BayStreetWolfTO on Aug 19, 2021 11:28am
They could announce an NCIB...however I would prefer the share price be below $1 if they were to accelerate... Otherwise I say stay the course for 2022 Depends how aggressive the shorting is. But I agree if shorts can get it below $1 quickly complete an NCIB $56m to buyback 10% of the float at $1 to me would be great
Comment by GrumpyMonk on Aug 19, 2021 11:16am
Gota wait for the bottom of the barrel.... This COVID wave is real unfortunately. China and South east asia countries like Thailand ARE imposing lockdowns. This is not the end of the bloodbath. This 2.50 BTE will look juicy in 2 weeks... LOL
Comment by BayStreetWolfTO on Aug 19, 2021 11:25am
The COVID wave in China isn't real...if you look at the facts...there is a bigger play here.. Cool commodities (not just oil) the Fed doesn't want to raise rates either. China is playing their hand....the only thing that can burn them is an OPEC + rollback of production during Sep 1 meeting IF the OPEC + leaders feel China is playing games to purposely limit oil pricing (they clamped ...more  
Comment by Snowballer on Aug 19, 2021 11:34am
Covid19 Vaccine efficacy is poor. Period. What a joke. This is the reality and why markets are terrified because blindly trusting this was supposed to be the answer.  Turns out all the censored scientists were telling the truth.  keep blaming the unvaccinated in your ignorance lol. Only way market fear ends if the zombies accept that we live with the virus and make sure immune ...more  
Comment by BayStreetWolfTO on Aug 19, 2021 11:48am
Yes media loves Covid...China too. China is grumpy with commodity prices...this really isn't about "true covid " China is purposely suppressing their economy to reduce commodity prices...they are just waiting to see what OPEC + does Sept 1st "But less than a month later, the outbreak is showing early signs of winding down. Numbers have fallen steadily with the country ...more  
Comment by inFactsWeTrust2 on Aug 19, 2021 10:22pm
Could you clarify the source of this misinformation you're currently spreading? If the blogs/vlogs you read are confusing, have a read at this medical journal:https://www.nejm.org/doi/10.1056/NEJMoa2034577 From your statements I see you have the survivor syndrom, and, sadly, you're here because your ancestors believed in vaccines. Polio was all but gone, but thanks to the efforts of like ...more  
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