Baytex Energy Corp T.BTE

Clarity on the generalist....reflection

[BayStreetWolfTO]

I remember when people talked about the "generalist" coming to the party. I did specifically say last year we don't need the generalist....they make a mess of things.

1. They just look for quick gains in and out. They are not investors they are traders
2. Typically young don't have patience to hold
3. Most likely no knowledge of the oil & gas business

Eric talked about the generalist showing up to the party....but I have seen these parties play out over the decades....maybe he is too young to recall some of them.

Now back to what I talk about everyday...although MAYBE boring to you all

June 30, 2023....oil $100+ get rid of the debt (at this rate in 2023) and continue to eliminate shareholders...

I know you're probably bored of me saying it....but that's my opinion and here we are back to fundamentals...and back to mostly oil longs and those who get the data.

Will we still see some shorts etc...probably but they never really went away. I imagine your days on the board lately have been filled with garbage but that is the beauty of the ignore button...I can only imagine the NM/UL/DB combo going hard LOL

Anyhow I will be back tomorrow to give the daily update....price at settlement and we can all talk about how no one can spot a company making FCF

But we will have fun doing it of course....get some sleep folks...believe it or not Air Force One still uses Jet Fuel LOL.....

[HighOctane89]

I agree with every one of your points but this market isn't acting normally right now . Beyond the recession smoke screen and media hyped fear its the lack of liquidity that has me confused . Its not just one or two stocks , the entire sector has been hammered , maybe it slows down tomorrow and turns green for the close . Got to start seeing some sustained buying since the sellers must be