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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

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Post by 1234bmth on Oct 25, 2023 10:31am

Market

Market is tanking, I hope oil stocks at least hold at current level.
Comment by Cobalt on Oct 25, 2023 10:48am
Only thing working for now is front runing the American Bitcoin etfs that should drop by Jan 10th, BTC +30% 1 month
Comment by masfortuna on Oct 25, 2023 10:56am
 Except unless you bought the actual coin, the miners are still down about 30% vrom the July highs. So no.
Comment by Cobalt on Oct 25, 2023 11:08am
Or one of the many Canadian Bitcoin ETF's so yes
Comment by Cobalt on Oct 25, 2023 11:29am
MSTR even better 34% 5 days
Comment by masfortuna on Oct 25, 2023 11:32am
Buying the etf is like buying the coin so no.
Comment by Cobalt on Oct 25, 2023 11:34am
what are you even saying No too?
Comment by masfortuna on Oct 25, 2023 1:34pm
 The etf Cobalt.
Comment by Cobalt on Oct 25, 2023 1:44pm
Still dont get it, No too what? this was before ETF talk , No? Only thing working is Bitcoin was my point and you come back with , So no?
Comment by masfortuna on Oct 25, 2023 2:58pm
 cobalt what I am saying is that unless you bought the actual coin, you would still be underwater if you had invested in the miners.  In other words, all sectors are in trouble in this market. That's it, that's all.
Comment by bassfishing88 on Oct 25, 2023 10:58am
Can you explin why the etf should drop by the Jan 10 date? TIA
Comment by Cobalt on Oct 25, 2023 11:04am
They have a deadline to say yes or no Jan 10th, they also had a deadline for the sec to appeal the greyscale court case they lost, they did not appeal so most are taking that as ETF's are coming so the front runing has started i think that date was 7 days ago +23%
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