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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 > I nailed it once again!
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Post by smallcaptdr on Aug 26, 2022 11:12am

I nailed it once again!

Yesterday while BTE was at $7.10 I warned everyone that today Oil would sell off so bravo to anyone believing in me because here we are with Oil at $91 and BTE under $7. I told the same story that the economy doesn't support Oil at $95 and that it should be in the $70 with all the headwinds  I also said that I was taking money off the table and this move was wise because of today's Oil move lower but also I didn't want to be exposed to holding over the weekend because we have just seen Oil at $94 around 7am and now at $91. Who knows what Monday will bring so play it safe and you can always buy back in Monday. JMHO
Comment by gareez47 on Aug 26, 2022 11:25am
And how many times did you lose on a trade that you did not post about after the fact. I hold 40K shares at an average $2.81 and I just sit in the weeds happy that BTE makes money every day. Any oil price from $90 to $105 is fine with me as the share buybacks continue. Why lose sleep overnight? And oil will rise as we get into fall.  
Comment by Mostawesomest on Aug 26, 2022 11:48am
Lol its just like casino gamblers...they'll rant for days about a big win but you won't hear a peep about their massive losses...and this dude is pumped cause he made maybe .20 with his fake trading account? Lol, my average is 0.67 bahahahahaaaaaaaaaa
Comment by Hightowntrader on Aug 26, 2022 12:16pm
Do they fit the "description" I posted the other day?  Of course they do. Nothing but a bunch of fisherman storries.  Personally, I was thinking the trash talkers on the board are getting at least enough daily cash to buy a Big Mac. But then I remembered the capital gains, and the trading fee...Good thing smiles are still free at McDonalds! As we are currently down a ...more  
Comment by Mostawesomest on Aug 26, 2022 12:20pm
No doubt cap bought at the bottom...always perfect timing with these clowns lol...at least make it believable smh