Post by
GotNoPension on May 14, 2023 2:13am
The question is...
...why is BTE below $4.50 at $70 WTI? It is a TOTAL laggard in the CDN oil market. New CEO is unbelievably arrogant or stupid or both. Relisting on NYSE just opened BTE up to professional short sellers again,...so much for beging "laser focused" on debt redcution, what a JOKE. An aquisition out of the blue with BTE's debt level and increasing the share count? This is repeat of the ridiculously ill-timed and 2014 aquisition of Raging River. What at JOKE BTE has become. Down 50% since early last June.
Management should be ashamed. Board members and staff must wish they could quit. What a MESS!!!
Comment by
thewarrior on May 14, 2023 2:39pm
You are upset because the market is going against you. The market owes you nothing. One can only criticize if one understands what is going on. You simply don't understand what is going on. So, take Eric's advice and wait until the stock turns $20+.