Baytex Energy Corp T.BTE

any clue as to why BTE SP has such rise today ...

[forecast123]

The volume today was 6.7 M shares, not particularly crazy volume...  Any clue as to why BTE SP has such phenomenal rise.... Is it short doing cover ? Is it institution investing in BTE finally ? Is it Q3 fiscal will be out in Nov 4 and most think its earnings will be crazily good ?   I hope to add on to my BTE inventory, but couldn't catch up with  today fast SP rise.  I didn't want to "chase" a stock, but buying today is quite like "chasing" it...  Any thoughts as to whether BTE SP will soften up a bit before Nov 4 so that I can have a meaningful chance to stock up more on BTE ????   It will be interesting to see how BTE SP will close this week !!!!

[dandu1924]

All of those reason are right after so many years down, now the reverse has begun. The oil sector is cycle, we are now back in the bullish side.

[red2000]

Wow nice ride again today ! A 4,6% UP ! It was the 26th day of trading with an increase of more than 10 cents at the close in the year 2021 ! 9 times we had a 10 cent lower close during 2021 ! We call that a Bullish pattern !! Look at it : Nbr. Date Sym Open High Low Close Chg %

[BILLMINER]

Shorts covering, institutional interest, and price of oil rising rapidly are all part of the quick rise in BTE sp. Market makers kept it in the 3.50 to 3.70 range with good daily volume. This was a real accumulation period for BTE stock. As some have mentioned the large volume in short shares are providing fuel for the fire. The stock is very undervalued and will continue on its quick upward trend

[BILLMINER]

It's an ultra bull cycle due to the pandemic. 

[dandu1924]

Thank you Bill, well done. I agree that 100%.

[fogduckker]

I have noticed several extremely positive articles on Seeking Alpha in the past week, including one today that suggested that BTE was one of the top five under ten dollar stocks. The market cap of BTE is such that it can be moved by smaller funds and retail where as SU and bigger cap players need money coming in from bigger funds...many of which are getting out of oil.

[red2000]

5 Top Stocks Under $10 Oct. 20, 2021 6:00 AM ETBTEGF, EZPW, III,SB,VTSI23 Comments20 Likes Summary We’ll look at the benefits and drawbacks of buying stocks under $10. We’ll discuss small-caps return potential. The small-cap stocks featured here, Baytex Energy, VirTra, Safe Bulkers, Information Services Group, and EZCORP, based on our Quant Rating system

[masfortuna]

Thx Red

[Stockhudson]

you had plenty of chances to buy under 1.00