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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 > 4 Days from Deadline, EU Fails To Agree On Russian Oil
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Post by smallcaptdr on Feb 01, 2023 5:38pm

4 Days from Deadline, EU Fails To Agree On Russian Oil

Feb was predicted as being volatile for Oil with all the force meeting at the crossroads, with EU ticking down everyone will be wondering what Russia will do will they follow through with their idle threats of cutting production or be more concerned about their economy contracting since sanctions started and this is why I always figured that Russia was selling more Oil than anyone suspected them of because they need the revenues for the war also to prompt up their currency which is supported by Oil and NG sales. If Russia is getting by selling huge amounts of Oil that till lately everyone thought was declining they can say that they cut production but in reality, everything keeps flowing till the truth comes out. This isn't a game of checkers its chess what will Russia do after the EU says checkmate?

Off-Topic
Every time Oil sells off and stocks follow I'm blamed but let's really look at what has happened, for the longs who bought shares during Oil climb up to $82 had they listened to me when I kept saying Oil is rolling over would have sold and scored and bought shares cheaper today so how is what I said damaging? where is Oil, not at $82, I'm positive when Oil is in a true rally which I feel has an upside but when the market changes I change with it but I'm always trying to be a week ahead when it comes to Oil and my trades work out fine. I try to be as upfront as possible posting links with every topic so that you can compare my statement against the article. The pumpers do the most damage because they buy cheap to sell to you but my posts keep money in your pocket so don't tell me that I'm the issue, I don't dictate what people should read or not, and I'm not on a power trip for peoples money and I really don't care who reads my posts.



4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap | OilPrice.com
Comment by SmokeyOB on Feb 01, 2023 6:29pm
I think you posting so many times a day and spouting rhetoric that anybody that does any type of trading already knows turns people off.  Do not give your take on things because everyone here should be an adult and makes up their own mind.  I honestly find your posts amusing because they are typically very humorous because if people don't already know what you post they will ...more  
Comment by jack4567 on Feb 02, 2023 8:53am
Maybe not everyone here is as knowledgeable as you.  I learn a lot from smallcaptdr's posts--they are clear, reasoned and backed with facts and figures.
Comment by SmokeyOB on Feb 02, 2023 9:03am
I meant that to explain why apparently the majority of people here already follow these things. I read his posts as I find them amusing how he goes back and forth on his stance daily or sometimes multiple times a day.  Everybody's view of things is different and right now this is a good time to trade some of your position. Most things don't go in one direction for ever. Unless it is ...more  
Comment by Moemoney42 on Feb 02, 2023 9:44am
Exactly Smokey.. if anyone relys on smallcrappers headline posts they're sure to be confused and lose money.. unless of course you are a day trader and play the algo game.. if so then good luck  Changing your stance on a sector daily and hourly is not a way to "invest" IMO.. If you want to be led by the media and analysts in your investing then again I say good luck.. LOL..  ...more  
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