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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 > I will cover $3.53
View:
Post by deepblue on Nov 19, 2021 10:14am

I will cover $3.53

Come to daddy
Comment by riski on Nov 19, 2021 11:59am
Come on man.  We all know you are not short.  You just happen to have a massive short position on every surprise red day?  If that's true, you have lost a LOT of money over the past two years.  Your $3.50 cover (good luck) won't come close to making up for your extensive losses.  But the reality is that you are full of sh!t and don't have any position in this ...more  
Comment by Reidman on Nov 19, 2021 12:32pm
He's likely an ex employee who had no future, and now has a beef with them, and doesn't want to see them do well... Must just piss guys off like him given how well this stock has done lol. We're laughing all the way to the bank !  
Comment by Unlucky13 on Nov 19, 2021 12:44pm
The stock was $50 in 2014 and has not come back and long term shareholders are under water and down big.  It has not done well, it's barely back to the pre Covid levels.   Plus if this sinks all the way under $3 it will be really difficult to stomach here.  Sure feels like oil is going back to the $60 range and that will be the worst case scenario.
Comment by pigletoday on Nov 19, 2021 2:29pm
Blah, blah, blah.   
Comment by riski on Nov 19, 2021 12:58pm
Good call.  Might very well be.   Maybe Jason Jaskela who sold 2 million shares in the public market at $1,60 as an FU to the executive team before being asked to leave.  He thought he was so clever at the time. Mind you, he landed well with HWX.  
Comment by Natgasbc2021 on Nov 19, 2021 5:01pm
IMO it will go lower then $3.53... Zoom out on weekly chart.. Low 3s isnt that far away.. I have been 100% out since 4.24 missed a few penneis to the upside.. Anyway im sure i will get bashed lol oh well.. I went 100% cash this morning on my 2nd GSY swing trade.. Tidy profit of $6.xx per share on over 3k shares.. I want to ride BTE, VET and CR once it feels right.. Hands off for now.. Maybe buy ...more  
Comment by BayStreetWolfTO on Nov 26, 2021 3:28pm
Ouch that $3.66 short not looking to good now...$3.53 didn't happen....  RTQ $3.83  LOL 3:28pm  Your rule of covering for the weekend puts you at a loss on the biggest short day! How is it possible....you are literally the only short that lost today LMAO!
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