Post by
YesSetForLife on Sep 20, 2023 11:21am
I think Baytex is not going to go much higher
It's an expensive stock at this point unless oil can go back to $120++
Comment by
Skylar1 on Sep 20, 2023 11:35am
I think we wait and see how this quarter comes out , should be a good one, it's the first quarter since the purchase and higher oil prices . I disagree with your opinion it's expensive but good luck to you.
Comment by
YesSetForLife on Sep 20, 2023 11:39am
I'm looking to invest in oil but looking for a cheaper price of entry any idea on a cheap oil company on a low price? any help would be appreciated
Comment by
YesSetForLife on Sep 20, 2023 11:44am
I'm trying to stay below a $2 stock the cheaper the better
Comment by
BlueJay2020 on Sep 20, 2023 12:41pm
Perhaps someone should point out the obvious that just because the price of one stock is lower than another, it has absolutely nothing to do with being cheaper (other than in a purely mathematical sense) or better value. If there was a person who did not grasp that basic concept, I would encourage them to go and invest in GICs instead.
Comment by
Cobalt on Sep 20, 2023 12:52pm
OOF price of a stock means jack untill you x the share count , market cap, if that is what you want RBY 134million market cap $2 stock and you get 1 well LOL, or you could pick the strongest in the sector that wont change #1 ATH #2 MEG
Comment by
YesSetForLife on Sep 20, 2023 1:53pm
Thank you I'm looking at a few stocks now
Comment by
Poorbcboy on Sep 21, 2023 7:08am
Rubellite energy is appropriate 2.10ish
Comment by
Skylar1 on Sep 20, 2023 11:47am
Check out PNE 9% dividend , debt free with almost 50 mil in the bank and winter is coming soon.
Comment by
raven16 on Sep 20, 2023 2:08pm
Setforlife,Then You Don't Need To Be Here As The Stock Price Is To High,I See Your A Penny Stock Guy So Baytex Is Way Above Your Level,May I Suggest Putting Your $7,000 To Work With A Broker And This Is Not 2020 When You Could Have Bought Under $2 Dollars, Day Late And Dollar Short As They Say And I Say Bye,Bye!!!
Comment by
downwithdotcom1 on Sep 20, 2023 3:20pm
PNE??? its a DOG with FLEAS.,,,,Q2 operating netback of just $7 boe even with hedges in place..cashflow barely able to support the divi..its 85% nat gas so revs will continue to drop as their hedges come to the end..stick with BTE for some serious stock appreciation....dwdc
Comment by
YesSetForLife on Sep 20, 2023 9:35pm
I Bought GXE end of day today. That's pretty much what I can afford for now
Comment by
stock_for_gold on Sep 20, 2023 11:45pm
Good luck with your investment in gxe.it's probably a good entry at .85 cents. They've been hovering around $1.00 for quite some time before the drop. They willneed to find some new wells in the near future to grow. At the moment they have a limited amount of reserves. It's all good
Comment by
robert41 on Sep 20, 2023 12:17pm
Baytex would be good choice but you'll have to do your dd to understand why.