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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 > huge volume this morning
View:
Post by forecast123 on Sep 22, 2021 11:32am

huge volume this morning

Within the first two trading hours this morning, the volume indicated in TDwebbroker was already 7.8 M   Incredible volume.... Is it investors rushing to buy ? or simply the shorts running to cover ?   Is there any significance the fact that 3$ SP is a sensitive level psychologically for investors to be serious in BTE ??
Comment by Quietinvestor on Sep 22, 2021 12:57pm
IMHO many investors who bought around 3$ and who have been holding for a while - April 2019, just wanted to get their original investment out of BTE and move on.  GLTA  
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