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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 > Nice close
View:
Post by dandu1924 on Nov 11, 2021 6:17pm

Nice close

BTE closed at $4.26, not bad with 3.90% up.  Hold your shares because some sharks waiting  for it.
Comment by Unlucky13 on Nov 12, 2021 7:29am
The problem is with oil down BTE might give back all that 3.90 percent today.  Without oil going up there is no catalyst here, just the grinding of many months with a better oil price, $5 is going to be really tough to get to in the short term.  If oil corrects to $75 this is a $3.50 stock and we run the risk of really dropping.
Comment by Quietinvestor on Nov 12, 2021 8:27am
Agreed, a two year old could have figured that out. Bring some value added please.  But you predicted that BTE SP would never hit, 1$,2$,3$ or 4$ over the past year. Clearly your understanding of the market, how it works and investing is very junior, if not naive.  Nevertheless, good luck to you. GLTA 
Comment by Unlucky13 on Nov 12, 2021 11:29am
You are very naive dude.  BTE was a $50 stock 7 years ago and is down 92 percent from those levels.  Yes it's up year over year but down long term.  It's a total dog.  The 5 year and three year charts are well under water.  If you go up a few hundred percent on a stock it's not enough after losing 99 percent of its value.
Comment by pigletoday on Nov 12, 2021 12:24pm
Anyone who bought at $0.34  would be very happy.
Comment by bigstar10 on Nov 12, 2021 12:34pm
Are you serious Unlucky13??? You have no class or dignity ......really wish Stockhouse would ban you once and for all. Disgraceful, beat it.
Comment by Quietinvestor on Nov 12, 2021 1:27pm
Again, tell me something we all do not know. All about perspective, depending on when you bought. Your comments could be applicable to many oil stocks. Encana sold at 252$ at one time, therefore......  Provide some value added.  GLTU