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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 > Baytex is entering 52 week 10 bagger territory
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Post by jimitwist on Oct 12, 2021 9:55am

Baytex is entering 52 week 10 bagger territory

Some that bought in the last 52 weeks are approaching 10 bagger territory.  Consequently we will have some, that are taking their money to try to repeat it elsewhere.
Comment by BayStreetWolfTO on Oct 12, 2021 10:24am
Yes, good to have some turnover of shareholders. Builds a stronger base. Others seem to be red today i.e. OVV last I looked. Earnings for many Canadian O&G soon....so some will have a good opportunity to get in here over the next couple of weeks.
Comment by Maxmoe on Oct 12, 2021 11:02am
There are very few with 10 bagger gains. My lowest price was 29. After a double, triple, 4 bagger, most buyers at the bottom sold before we hit $1.50 . So there is no flood of sellers cashing out 10 baggers. As for paying taxes when you sell ..... just do it. Cap gains are still the lowest marginal tax rate legally available to individuals. It means you're making money! A ton of money if the ...more  
Comment by Antonyius on Oct 12, 2021 11:04am
Good advice max.
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