Baytex Energy Corp T.BTE

The Sell Off Has Begun

[Snowballer]

eom

[Snowballer]

Obviously started last week but should pick up speed i expect

[TheWokeLemming]

EIA report shows surprise build in inventory. 

[BayStreetWolfTO]

Not with the SPR....careful the headlines you read

[TheWokeLemming]

Correct, but it was still larger production than what was expected.  Thus the drop in WTI.  

[Chrisinvan7]

Looks like it was a spike in imports (800K b/d) more than last week.

[BayStreetWolfTO]

SPR saved the day again 7.7M...wait until the SPR is done 2023! Remember we want this....keep oil from spiking. Was a good report on that front. Maybe not good for short-term flippers. Oil dropped to $116.72 on the news Currently RTQ $117.30

[TheWokeLemming]

Agree Wolf.  The biggest issue at this point doesn't look to be a dramatic increase in supply as the idiots in charge refuse to abandon their climate alarmist vote base.   Its demand destruction that we need to fear.  

[BayStreetWolfTO]

We are seeing a bit of demand destruction....fortunately holding WTI in the $100-120 range... Without the SPR and a bit of demand destruction oil would run and short-term we don't want that. In my opinion.

[RusticHit]

Nutthead Pump trapped so many at Highs 

[BayStreetWolfTO]

RusticHit another for the ignore pile complete garbage posts  Ridiculous post...maybe silly short-term traders got trapped...but here are the facts 1. Prior to Market Call - Baytex Share Price June 3rd 12:00pm $7.20 2. During Market Call - Eric recommends Baytex 3. Today 11:56am - Baytex Share Price $7.87 (real time up 9.3% since market call) Now yes some are bitter when Eric doesn

[RusticHit]

7.60 support as for now next is 7.20 if nutt buying the Dip today ,,lol i don,t think so may be if he sold at 9+++

[RusticHit]

Some Idiots here thinks they are super Pumpers and no one else can not say any thing good about stock where this will go Fk yo self idiots