Baytex Energy Corp T.BTE

Unlucky so wrong

[sin82de]

Unlucky13 wrote: Looks like a red close.  What a dog!   This piece of junk can't hold a gain for the life of it.  Everyone is pulllng out to make a profit.   All that nonesense and talk about $2 and $3 and $5 sure looks silly now with $66 oil and a stock that might not hold a buck in a week to two.  Wouldn't be surprised to see it back in the teens within 2 weeks and than the next phase of decent back under a buck.  Very underwhelmed by the lack of performance since opec made the surprise move.

[Unlucky13]

I am wrong today, it could go south tomorrow.

[gareez47]

Unlucky13, I think the problem you have is that you take every piece of news and try to translate it into an earth shattering event. Research and understand the SPR and you wil see that it is just a fart in a windstorm. Three weeks from now it will be just another Biden Blunder and we will be back to normal. You will get to your exit point and recover your losses. As Shrek said, Patience Donkey. I

[Unlucky13]

Well, Covid is killing demand with lockdowns.  Releasing the reserves will kill any weekly draws and keep the markets balanced.  Supply is coming back as shale ramps up and you have a scenario where the US can effectively keep the price down.   Tomorrow oil will snap back because of the anticipated build following the SPR.  I don't foresee how anything curbs this mess

[Alwayslongs]

You may need to get some numbers to back you your opinion. It is really not that convincing if you keep repeating your theory, COVID 19 lock down( where, which country, how many barrels per day these countries consume, and their impacts on demand etc), shale oil production increase( how many barrels will be added from shale oil in US and how soon, how will these barrels impact on supply etc

[bigstar10]

You for real unluckyterd??????? Wtf is your agenda here? Go see a shrink idiot

[sin82de]

Unlucky not to late to join the bulls. First inning here. We all know what you went through.