Baytex Energy Corp T.BTE

Wow

[1234bmth]

With one or 2 days oil in red, they will push this down easily to sub $5. This is insane.

[PictouBoy]

Until it's not. 

[1234bmth]

looks like it doesn't need red oil days, regardless of oil price, it may drop to sub $5. This is frustrating.  

[Tradestay]

Tax loss across industry is ruling market today. They are making over $400M FCF at $76 oil and consistently buying back shares and that will only improve. Don't have a crystal ball but these selling pressure here is tax loss selling and this will rebound if oil is above $70. 

[1234bmth]

Oil, copper, gold, tech, manufacturing, financial stocks are all down. So if they sell all these stocks due to tax loss season, on what stocks did they make money to off set the tax implications?  

[masfortuna]

Don't you know that it's an energy crisis we ae living in? This is the first crisis I have experienced where the item (energy) drops in value. Not sure how this will end but I am sticking with it at this point. Feel free to sell if you must.

[GambinoB]

You will have oil and gas tax loss selling too. Those are the ones that never believed....tried to catch the run got burned and now are going back to their bitcoins  If they are selling good...they didnt believe at the start and probably deserve to lose jumping in looking for quick pay dirt Like small fry guy part 1 2 and 3 Circus runners too impatient to wait for 2023 I heard joey

[Tradestay]

Are you really going to put me through this. Every industry have people who bought high and running their numbers at this time of year to offset gains they made earlier in the year as an example. For myself I sold one oil company at a loss and pick up another with roughly same barrel production and dividend yield. This way their risk is the same, so rather than waiting for the comoanhbj sold to