Baytex Energy Corp T.BTE

Patience

[masfortuna]

We soon will start September which historically has been a very poor month for equities in general. As it stands, another big draw would eliminate any surplus crude that was accumulated between January and April. US GDP registered a 2,4% which is ideal and indicates that no recession will take place in 2023. Rate hikes appear almost done. The DEMS can't touch the SPR without house approval and it is unlikely the REPS will give them a blank cheque to release whatever they want. Opec+ (Russia) appears to be much more united than in the past.  The Saudis may extend cuts into October. And CHINA, for what it's worth, is on pace for a healthey 6.3% annual GDP.  Athough less than expected, this 6.4% will mean that petroleum products will be required and demand will stay strong.  All in all the next quarter release (October 28th) has the making of a large sp appreciation for BTE once the markets can see what one full quarter of Ranger production can do insofar as the FFO and FCF is concerned. Patience. Too bad Cobalt will be sitting on the sidelines as per his posts.

[dllscwbysfn]

Totally agree. Sept and Oct. the most likely months for negative equity returns. Little concerned with Canada's GDP this morning though.  Cobalt and Snow have a tendancy to dissappear when WTI and BTE sp are going up. I guess the candles got blown out.

[Cobalt]

Still here i just dont find this board has any quality left like Mas ting to bait me last night and now you. Better places to be good luck and still long

[dllscwbysfn]

Have a great long weekend, maybe you can bait your hook as there is no baiting here. I call em as I see em!!

[Cobalt]

[masfortuna]

? STILL LONG?  Did you not say that you were going to sit out September? Oh right I forgot. You stated you would sit ou September when oil was going down but now that oil is going up apparently you are holding and long. LMAO Cobalt.

[Cobalt]

Nope never said i would sit out sept in BTE get some help for your non-existent memory.

[ceenalot]

...put cobalt and snow on ignore 2 years ago...time to move on Mas

[Cobalt]

He cant I'm all he thinks about, living rent free in his head LOL

[TheWokeLemming]

Snowy is busy coming up with an apology for his wife so he can get out of the doghouse.  LOL!!!

[Kelvin]

How do you know that Snowy might not be many people? On this board people say that one person can have many aliases. How about many people having one alias? Snowy might be a bunch of market makers playing 3-D chess. Who knows? What I can't figure out why so many of you get wrapped up in petty personal attacks. Thank you riddler nextlegup and others for keeping it real.

[Snowballer]

We could same the same of you, Kelvin. Let's agree on this.. if you are than so am I. If you are not, than neither am I.

[Kelvin]

Lol Snowy, sounds good to me bud! Let's just agree that nobody can play games with the fundamentals. All of what bte sells is going up in price. Heavy oil, light oil, natural gas and natural gas liquids. That means that their unproduced reserves still sitting in the ground are going up in value increasing their total assets. And they have a pile of reserves.

[Snowballer]

Yeah Cobalt I am just kinda following along here and there. Few really interested in trading, fair enough -  they don't really understand you gotta go with the market and just pivot even if your targets (while close) don't fully hit. Been focused on making a small fortune in weed stocks.. what a ride these past two days. wow. Well I think WTI moves to $87? Could see BTE hitting low

[Cobalt]

So many great trading groups, investing groups out there SH is not one of them place is almost dead. AI is the futrue NVDA up over 250% one year that board is a graveyard , SH resident sleeper!

[Nothingmatters]

This trailer trash will now announce his sell point now lol

[masfortuna]

And didn't you say Snowy that you sold your wife's bte shares at $5.41?  That's the problem with trading mate. You get your 2-3% but you find yourself outside looking in after a 2-3 day jump. Nothing wrong with trading but you got to take the good with the bad. Anyhow I am sure it hasn't affected you Snowy as I am sure you bought back a few days ago at the lows again but didn&

[Snowballer]

This post has been removed in accordance with Community Policy

[Snowballer]

good glad my comment got deleted. could give af and would suggest Mas unless you have something constructive to say to me that's useful to the rest of the board don't bother me again.

[masfortuna]

Gee didn't realize I was bothering you mate. Struck a nerve?  I already told you a number of times that you are free to do as you like and I wouldn't hold it against you BUT there are pros and cons to daily trading in equities which I feel I need to mention sometimes since you omit to mention them.

[Snowballer]

I told you not to reply to me with nonsense... talk to you never. Keeping my screen clear of people I don't want to waste my time on and keeping my mind clear of their pointless chatter. Ignored. About fkn time, too.

[masfortuna]

Looks lik Snowy is on the outside looking in at BTE.  Oh well...

[CountryBoy69]

Don't agree with your , after the fact trades but l also don't agree with personal attacks on your wife , who does not to my knowledge post , that is the act of a Coward. If you are going to post a profit or a loss , then post on the day you made the trade , not a day or two later , that looks suspicious to many. In the case of the Big Tuna , he has put more on ignore , then removed them

[Snowballer]

Another clown who thinks its a good use of time to continue to speculate on my trades - and bug me about it with his "opinion of my honesty". do you follow the times that I do post in real time? and yeah other times I don't... it's a board to share about our investments/ideas. who cares. Probably worry about your own positions there cowboyclown and if you decide to post on them

[masfortuna]

Countryboy yo seem to read things and miss some key points. I don't insult posters and I definitely don't insult their wives. Also I would not categorize anybody here as a "friend".  At best they can maybe be considered a friendly poster that I can benefit from their posts. Someone consistently posting FUD or FOMO is not on my "friend" list and my responses should

[Kelvin]

Yes CountryBoy69, When we drilled on the Scotian shelf near Sable Island for what was then Pan Canadian the Japanese were paying up to $33,000 for one blue fin tuna fish! Here, all we get is yellow fin. But to me they still taste fantastic! I can't imagine what a Scotian Shelf blue fin tastes like. Yeah, the value proposition. All of this back and forth is essentially a discussion about

[TheWokeLemming]

Must be rough watching BTE well above your sell price.  Did your candles blow out?