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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 > Great day today but will Oil sell off tomorrow?
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Post by smallcaptdr on Aug 29, 2022 4:31pm

Great day today but will Oil sell off tomorrow?

The real test is whether Oil will stay above $96 and run up to $100 or did the traders run up the price in order to sell all the cheaper Oil that they bought. Plus today was absent of any US data so traders enjoyed the freedom to run wild but starting tomorrow US data will start dribbling out once again. One thing is for sure, US Oil and NG prices are getting to be too high for the economy but greed has entered the stage and everyone knows that in time we'll look back and realize that rising Oil and NG price were to blame for an economic implosion. I'll tell you one thing, If I was a country I would be buying cheaper Oil from Russia and Saudi Arabia and tell the US to stick it. If you think about it, them selling Oil cheaper is a great move like Walmart, "selling more cheaper" taking business away from the US. I wouldn't be popping the cork on any champagne just yet.

crazy times for sure.
But we all made money today!
Comment by Wildfury on Aug 29, 2022 5:48pm
I'm confused , are you saying oil is going up or down? Then tomorrow you'll tell us you were right again. We all didn't make money today because we never sold , unlike day traders like you that bragged , I told you so ,I called it ,not. If you're so great at calling energy prices then you should be a multi millionaire and wouldn't be wasting time on Stockhouse . You want to be ...more  
Comment by woodsmen on Aug 29, 2022 6:03pm
I can help answer he is not short, not long, not a day trader, and not a fortune teller.   He is simply a F@cktard!!
Comment by Moemoney42 on Aug 29, 2022 11:30pm
"If I was a country I would be buying cheaper Oil from Russia and Saudi Arabia and tell the US to stick it" One post your biatchin about someone selling crude too cheap and the next your praising the purchase of cheap crude.. LOL..  "crazy times for sure." The only one crazy here is you..!  "But we all made money today!" We made money...  you sold ...more  
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