Baytex Energy Corp T.BTE

Anybody

[masfortuna]

Want to bet that there will be a bi draw this week? I think it will be a big one for the record...

[riski]

I don't think so. Broadly, this is the time of year we should have builds. A draw would be quite bullish. But also the oil market seems to know what the weekly data is going to show days before it comes out. WTI trading strongly down to start the week usually indicates a build, probably because the commodity traders have access to sophisiticated oil movement data that allow them to get a

[Cobalt]

It really is insane the data they have these days right down to satellites watching car trafic in China and elsewhere , less container ships cough slowing etc

[masfortuna]

Yup Riski I would have to agree with you BUT it's always fun to be a contrarian. Why look at Cobalt and snowy. They build apparently hold BTE but when the sp goes down their posts multiply and they seem thrilled to the gill. 

[riski]

Ha, yes they do seem to enjoy the BTE misery, but I don't mind their posts. Pretty sharp guys looking for a lower entry for a trade. They don't always get it, but I can understand why this would be a good name to track for short term trades. Look at the movement today. It's way too much for the new information available and underlying value of the company. That lack of conviction from

[masfortuna]

 I actually don't mind their posts. Everybody and their grandmother knows these to trade it and they flatly admit to it. No problem with that but I would rather call a spade a spade on a chatboard with a bunch of strangers. I hold a chunk and I have some coin that I trade with.  That coin went into Palantir Lightspeed and Nuvei a couple of weeks ago. I may sell tosay and buy some oil

[Snowballer]

Fair comments, Riski. It's true every time I sell (and I did say the other day when I bailed) and the stock drops a bunch it is a thrill because that's my goal is to buy and sell the swings. So when misery shows up here in the sp it feels good as a trader  - that I'm doing something right. And I'm better at calling highs than bottoms to be honest. And don't get me wrong I