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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 > Before you fall in love with Nuttall
View:
Post by TheWokeLemming on Jun 05, 2022 3:02pm

Before you fall in love with Nuttall

While as a BTE investor I benefit from the herd following his positive recommendations, I've also experienced as a ATH and CJ investor how quickly his tune will change to plunge a dagger in my back.  Beware that if BTE rises quickly there is a high likelihood that he'll be dumping right before his next BNN appearance.  3 months ago he stated that CJ was a possible double from $7 but Friday all of the sudden the ceiling was only $10.75 and that's why he sold.  Take his recommendations with a grain of salt.   My opinion only.
Comment by Cobalt on Jun 05, 2022 4:02pm
Or sell into strenght i was happy to sell him my CPG lol ,overbought short term, and buy a name sitting for 4 months ;)
Comment by bogi on Jun 05, 2022 4:36pm
Is that really a good idea in an uptrend ? Is it worth it ?   You have to be awfully good  to be right  ot the RSI sits on 80-85  and than do it . Otherwise -   HANDS OFF ! A free advise ...lol
Comment by Cobalt on Jun 05, 2022 4:43pm
agree RSI 80-85 , I am , had better ideas HWX vs CPG :) 3 month time frame max Go
Comment by Relaxrelax on Jun 05, 2022 7:36pm
He knows what he's talking about so you should respect his opinion.  As for when he moves on from a company, he isn't going to tell you first, he does run a fund.
Comment by TheWokeLemming on Jun 05, 2022 7:49pm
Lol.  He sold ATH at 1.32 and just in March of this year said he wouldn't buy it when it was $2.03.  Now he's "rectified that mistake" chasing it higher after missing out on at least 50% upside.   I'd that most likely was at least a $20-30 million "mistake".   "Smart guy" lol.  
Comment by Relaxrelax on Jun 05, 2022 7:54pm
Lol!  I guess you never made a mistake eh?!  Never mind admit you were wrong.
Comment by Maxmoe on Jun 06, 2022 12:55am
Chuckles doesn't know if Eric made a mistake or not. What did he invest the proceeds into? For sure it was another oil stock so I doubt he missed out on too much. Maybe he'll learn someday not to trade as often.
Comment by Maxmoe on Jun 06, 2022 1:17am
Whatever it was that Eric bought I'm sure it did better than the lemming trade. Talk about the pot and the kettle. The lemming's first 100 posts were about apha. Really ? A pot stock?  and you're gonna pick on anything Eric bought? Oh dear.  
Comment by Maxmoe on Jun 06, 2022 1:24am
So he wasn't wrong, he was just really, really, mistaken. Ooops.
Comment by bogi on Jun 05, 2022 10:10pm
Before you keep laughing about Eric   ask yourself :  Did I ever make a costly  mistake ?  Be honest !   I am sure we all have a  story to tell .
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