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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 > Waiting game now..
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Post by jmaan on Apr 26, 2023 3:53pm

Waiting game now..

Well like I said this market isn't trading on fundamentals at all!  All those idiot's  saying to sell were bag holder's bla bla bla etc.. it's just penny flippers,  just noise! Warren buffett not worried as he holds oil stocks which are also down, no biggie!all oil is down not just  canadian oil... iam not worried,little frustrated but not worried and I ve got almost million in this stock! Always have dry powder cash to buy more, or average down but I believe we're going to be fine no worries here!just think about it!... we know this is manipulate big time!Whitehouse sure not helping! Opec plus cuts start in may and even than you think opec plus going to let this go in low 70s never!! Plus when this deal closes should benefit all shareholders! Just different mind set of Trading now! Time to Crack a cold one and get ready for the hockey game playoffs! (Remember opec won put up with this  crp)
Comment by ManitobaCanuck on Apr 26, 2023 4:05pm
Agree, when the brothel gets raided( banking crisis) even the innocent piano player there ( Oilcompanies) get arrested .
Comment by marketsense on Apr 26, 2023 7:55pm
Well,  the games they are playing are going to come back on them.  The sliver lining is the more they try and keep oil down,  the more people will consume it because guess what......its cheaper.  People are more likely to fill their tanks more often and drive more,  not less so its really a catch 22.   Prices go down,  consumption goes up.  That is the way ...more  
Comment by deepblue on Apr 26, 2023 9:59pm
Lol...why is it always games when oil goes down but never up. Lmao!!!  There needs to be a happy medium and that is $65 oil where it's heading. 
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