Baytex Energy Corp T.BTE

My Guess $5.00 by next Friday!

[Owlseye1]

Yes a real gift hear!!Back to $7 in a yrs time! Bring out those flaming 5 going to need them real soon Duster!!

[Greenday]

@ Owlseye1 - My guess is that a turn around won't begin before the end of the month - which isn't that far away - and it will be more gradual. Financial markets tend to work in 3 month increments because that's how company earnings are reported. The medium term trend has been to the downside and unless some sort of exogenous event occurs, it seems unlikely that big money players will

[cgyinv]

You guys are all funny men, $5 year end is the best you can expect

[Nothingmatters]

We just need two good 10 percent days boys!

[Teddybull13]

I'd be more than happy with two 5% days!

[marketsense]

Finally the dam burst.  Nice breakout for longs who have been patient.  Penny day traders can only watch or try and try and catch the wave.

[Owlseye1]

Life is good! Buy,Buy Buy. Back-up the truck and load while it's still undervalued!! Buy when the Street's are red always work for me! Lot's of room to run from here! Good luck longs.Might have to buy a bigger pisspot.lol 

[Nothingmatters]

Guess what it might be today and tomorrow!

[diceslinger]

$5 quickly isn't the craziest idea out there.. the July $35 call's has a very high implied volatility today.

[Owlseye1]

https://finance.yahoo.com/news/implied-volatility-surging-baytex-energy-124000035.html

[Investnowplease]

Rather optimistic to say the least.  6 by oct is a better call

[OLIVIER1951]

VOUS Y  ALLEZ  FORT UN  PEU...

[Greenday]

@ diceslinger - Are you sure about a July $35 call?  There is no July 35 call.  The 21 July 2023 call has a strike price of $7.25 - which is the highest on the chain.  Or are you saying that a July 14 or July 21, $5 call option has/had an implied volatility of 35%.  

[Owlseye1]

https://finance.yahoo.com/news/implied-volatility-surging-baytex-energy-124000035.html

[Greenday]

@ Owlseye1 - Yes, that's what the article says.  Seemed unrealistic so I looked it up and on my trading platform and there are no July 21, 2023 $35 calls written.  Evidently however that option does exit. and its volitility is being used by some as a trading vehicle.  Too bad the article failed to mention how much open interest that option has.  

[marketsense]

That is exactly the shot in the arm that BTE needs as well as the whole sector.  Tired of watching this name get pounded by shorters and Wall St as well as the day trade crowd as well as Biden crushing the $hit out of oil stocks with every successive release. Its way past time to reverse this trend and exact some revenge on all of those who have conspired to destroy this company and the

[OLIVIER1951]

Il ne  faut  pas  rever  et  revenir  sur  terre 4.25

[Owlseye1]

Maybe not such a crazy guess after all! Was way oversold with the Ranger deal.Ranger deal is a asset not a liability ,takes a few days for the Mr. Market to digest. BUYING OPPURTUNITY all day long!