Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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Baytex Energy Corp > Read, or ignore

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Post by smallcaptdr on Aug 18, 2022 3:50pm

Read, or ignore

I started posting facts about the world economy in June and I posted when the FIRST person in China got Omicron Subvariant so when Oil was at $110 it was then that I predicted that Oil will be at $75 by year's end. We have already hit $85 Oil and from June's $123 high we have lost $38 when we hit $85 sure we're clinging onto $90 today so we have lost $30 in the price of Oil in 2 months and we still have 4 months to go to find out if Oil will be at $75 so my prediction of $75 Oil by years end has nothing in the way of panicking buyers today. Some people are only interested in BS BB post that Oil is bullish well show me the facts that support higher Oil and why isn't Oil at $120 plus the FEDs have said that we are heading for hard times so how can anyone ignore this? You can't invest on half the facts and what about the people who bought BTE at $9 in June don't you think that my post could have helped them in rethinking buying when Oil was at $110 no different than buying today at the highs so what if today was the last time Oil hit $90 and if Oil goes down to $80 as predicted by Oil gurus then BTE will be down to $4 where it was when Oil was at $80 in Jan, I trade Oil stocks but I'm not long with any of them. JMHO

Oil Prices Poised To Hit $80 A Barrel (forbes.com)
An Iran Nuclear Deal Could Send Oil Prices Tumbling Towards $80 | OilPrice.com

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