Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > Oil up to $83.28

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Post by geezer21 on Oct 19, 2021 8:10am

Oil up to $83.28

Oil is up to $83.32 this morning

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Comment by dandu1924 on Oct 19, 2021 8:19am

The oil is very manipulated, every day, just one or two hours before the opening of the market, the oil price is going down like crazy, somebody in the New York market playing game with the Oil, we got the proof of that, this is pretty clear.

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Comment by geezer21 on Oct 19, 2021 10:53am

I noticed the same pattern also. Opportunity to buy is to wait a bit in the morning for the price of oil to bottom and share prices to fall back. Share prices recover later in the day. Regardless the upward trend in the price oil is still very strong: https://stockcharts.com/h-sc/ui?s=%24WTIC

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Comment by BayStreetWolfTO on Oct 19, 2021 11:12am

Agreed, in these sideways weeks...low volume, pressure in the morning...I did notice what appeared to be fund blocks this morning picking the dip and sitting on the negative bid... It is interesting to those selling today at $3.71...giving up $0.10 trading for pennies such a waste....they just got scooped when there was no need...although I would summise shorts trying to build momentum...but too ...more

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