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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 > Expectations
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Post by masfortuna on Oct 17, 2021 9:07pm

Expectations

Try and keep your expectations in check Ladies and Gents. I suspect just like Friday we may go up but it will be marginal.  The big jump will occur after a few quarters of solid earnings.  The guys hoping to get rich tomorrow...Really? Assuming we go up 5% tomorrow, that would equate to .19 cents.  Assuming you own 100 000 shares, that would give you $19 000. You consider $19 000 enough to call yourself rich? I wouldn't sell here but that is just my opinion.
Mas
Comment by ManitobaCanuck on Oct 17, 2021 9:16pm
Very True     A lot of guys are short on this and looking for a dip to cover their short positions . We might get a squeeze hence these posts saying it will drop . I am here for a million , not hundreds or thousand . I own 150k at present of this for ZERO dollars net price . (Had 250k ,  Sold 100k ( bought at 90 cents and sold at 3.75$ to lock in my profits) and enjoying the FREE ...more  
Comment by masfortuna on Oct 17, 2021 11:31pm
Good Show Manitoba! I don't own that many shares but I own shares in about 10 oil and gas companies (and I see you post on some bullboards) and another 4 in pipes.  I am overweight energy with about 25% of my portfolio in the aforementioned equities. So maybe not a million for me BUT I will take 250k in 1 year if those 10 double :)
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