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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 > Thinking of loading up
View:
Post by Unlucky13 on Nov 27, 2022 4:59pm

Thinking of loading up

I sold at $8.75 and tried a few diasterous day trades with BTE and HND and all said and done I paid off all my debts and paid back my Father $1500000.  I have access to 500000 in credit and have my house paid off. I only have 40k liquid cash.  Should I load up here?  I was up 250k on BTE and now only have 40k because of nat gas losses.

Would you drop 500k into BTE hoping for $10?  I am waiting to get back in but the 5 months away has made me realize the stock isn't guaranteed of anything.  Who would honestly think oil be at $76 and BTE at close to $7?

Remember all that hype about $10 BTE?  It's clear that's not happening this year and no dividends either.  What are realistic share price predictions for BTE?  A range of $6.50 to $8.50 now?

Or can things get ugly again if oil goes back to $65?

Where so we see the high and where do we see the low for the next 12 months?

BTE has been incredibly strong the last month with the oil slide.
Comment by GambinoB on Nov 27, 2022 5:11pm
Have you not been listening at all! Listen to the pros! Small cr ap wants you selling to him NOT competing on the buy side. Go buy Bitcoin...we dont need you here. Plus total amatuer to ask a stockhouse board what to do. YOU NEED A PROFESSIONAL GIVE IT A FEW MINUTES HE IS IN THE MIDDLE OF WRITING 1 SENTENCE WITH 40 BUILT IN SENTENCES  LMAO
Comment by Greenday on Nov 27, 2022 6:30pm
@ GambinoB - Bitcoin??  LOL.  That entire house of cards could be coming down soon.
Comment by GambinoB on Nov 27, 2022 6:56pm
PROS are telling us the hundred of millions these energy companies make at $75 is losing value  Bitcoin seems to be a HUGE revenue generator LOL. Yeah joking man
Comment by Greenday on Nov 28, 2022 12:57am
@ GambinoB - What do you think about cannabis?  Would you go cannabis or bitcoin?  Personally, I'm leaning towards tulips because they went on a major run in 1634 and sooner or later they're going to rebound.  Tulips, bitcoin, or cannabis.  It's a tough decision.
Comment by unluckyl3 on Nov 27, 2022 9:40pm
Oh and i forgot to tell you to tip your uber driver.  I need it.  Ps my debt to my father was underestimated in my previous posts.
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