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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 > SHORT POSITION at Feb 28 2022
View:
Post by Shortblaster on Mar 05, 2022 10:34pm

SHORT POSITION at Feb 28 2022

Short position dropped quite a bit from the end of 2021 but there is still quite a bit to cover.
i will post the link.
 if these shorts start to cover this week we will see at the next reporting date the decrease which will also add to the price of the stock,
Agressive buying and also short covering is a winner for me.  If the price of oil breaks through the resistance point at 115.00 the next resistance is the all time high of 145.00 closing priceon a monthly basis.


https://shortdata.ca/stock/BTE.TO
Comment by Drifter133 on Mar 05, 2022 11:23pm
Shortblaster If the shorts cover and we hold above the $5.88 resistance level then it's off to the $6.30 resistance! ** Shorts experience thermonuclear meltdown, if we get here rapidly 5th resistance level $8.40 4th resistance level $7.14 3rd resistance level $6.30 Point of rapid price increase above this. Not much volume above. 2nd resistance level $5.88 (Strong) 1st ...more  
Comment by Shortblaster on Mar 05, 2022 11:36pm
my chart didnt show up as i had the different indicators on it and monthly candles.  lots of room to move up from here and it looks like just the beginning to me. once we break weekly  resistance at the present level then 6.50, 7.50, 10.50, 13.00, 18.50 and then 20.00 on a monthly basis. could take us a while to get there of course but those look like some of the stronger  targets ...more  
Comment by Investnowplease on Mar 06, 2022 3:45am
Havent posted on here in a while but will add this.  i truly hope the shorters lose the A$$ no pun intended. Have held BTE since july last year. Its been awesome and will continue to hold it and have increased my holdings in the last couple of weeks. Why? Because I truly believe it hasnt moved like others have and there is plenty of meat left on the BTE bone.  Nutall is no genius ...more  
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