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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 > Penny flippers gone, BTE soars on quarterly report
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Post by riski on Jul 29, 2022 3:28pm

Penny flippers gone, BTE soars on quarterly report

Just like CPG the day before, the sell the news penny flippers leave a lot of value on the table as they all jump out of the reporting company to buy into a different company that hasn't reported yet in hopes of catching a wave. Once again, holding wins. Traders always lose in the long run.
Comment by BayStreetWolfTO on Jul 29, 2022 3:45pm
Yes, I have tracked this for a year.Many Cdn O&G investors flip around a core position. I called it CPG also down day of reporting and positive next day when flippers got out Baytex the same day after report down and back up after penny flippers and board distorters gone. I imagine if you count the posts by the board distorters the day after it is most likely high with many "newcomers ...more