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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 Think The Bottom Is In
View:
Post by Leewardcape on May 12, 2022 4:06pm

I Think The Bottom Is In

Technical indicators that I look at are "perfectly" negative...and we had the late afternoon bounce...(like other days)... So I think stocks turn from here... including BTE...
Comment by Cobalt on May 12, 2022 4:29pm
No doubt we ready for a short covering panic buying bear market counter trend rip , Bitcoin needs to stabalize, 3 hours we print the daily , looking like a dragonfly doji
Comment by Cobalt on May 12, 2022 9:16pm
Dragonfly Doji printed, got down to an oversold 25 RSI , QQQ Looks like a turn also , Dow reversal candle , some China rumors , fun day coming up.
Comment by Nothingmatters on May 12, 2022 9:25pm
Whatever this guy says i do the opposite. Wrong all the time
Comment by Unlucky13 on May 12, 2022 6:11pm
Interest rates are spiking, war has been negative for the world economy, supply chain problems are raising prices and Biden is desperately trying to offset higher prices with SPR releases.  Everytime one thinks there is a bottom things can go from terrible to even more terrible.  A recession can last months and we have the makings of another 2008 here.  Won't be surprised to see ...more  
Comment by Snowballer on May 12, 2022 6:17pm
This was surprisingly thoughtful and well articulated. I actually agree with Unlucky13 here.  I'm waiting to see where things go... took my profits (less a few stupid attempts at trying to get back in).  GL everyone. I'll start buying when the market calms. I don't need to catch the bottom.     
Comment by IndianSparrow on May 12, 2022 6:27pm
Paid Bashers out in full force today. Always a good sign.
Comment by masfortuna on May 12, 2022 6:51pm
Somehow I wasn't logged in and your post is staring right in front of me even if I have you on ignore.  So ok I will bite. Here is the problem with your posts. #1 You don't back them up with facts.  You just keep giving everybody the worst case scenario based on your opinions. Your opinions and ideas apparently have cost you (your dada) almost your entire bankroll BY YOUR OWN ...more  
Comment by BayStreetWolfTO on May 12, 2022 7:13pm
Hi Lee, not sure what we will see tomorrow or next week. But this much I know...as I see the TMX market book for BTE scroll on my screen during trading hours I always like looking at 002 on the bid now and in my mind say go RBC go. The bashers, shorts and sky is falling people will at some point be out in full force...but the strange thing that goes through my mind is with $100+ oil they are ...more  
Comment by nikolaos on May 12, 2022 7:19pm
Hi Wolf,  Ive seen you reference a little about 002, and I have tried looking to find an original post to see if you explain it.  But obviously this board is so convoluted lately that I cant find anything.  Can you further explain or point me in the direction of to what you see? Thanks 
Comment by jleer42 on May 12, 2022 7:45pm
Level 2 quotes. It is the order book showing multiple bid/asks. Below is outside trading hours but it gives the idea. Level ll Quote for BAYTEX ENERGY CORP (BTE: Toronto) Bid Ask Price Total Size # of Orders Price Total Size # of Orders $5.92 21600 6  ...more  
Comment by BayStreetWolfTO on May 12, 2022 8:30pm
Hi Nic, as JL has mentioned Level 2 quotes give you the details below. Depending on your asset value with your broker they may offer Level 2 including market book AND time and sales which is what I have. With market book time and sales I can see each individual trade who sold and who bought along with any date/time range. I also see the full bids and asks up and down not a limited view typical ...more