Baytex Energy Corp T.BTE

Nugget Capital Partners has Baytex as top short idea

[EstevanOutsider]

on his substack today and posted it also on Twitter.

he seems pretty reputable. i wouldn't want to mess with it personally.

thoughts?

[riski]

As one of the most undervalued stocks in oil and gas, I think it's a risky short. Especially with the potential volatility of oil prices. There are safer short options. I think the credit cycle is going to continue to stagnate with high rates for longer than people think, so stocks that rely on valuation based on long dated future cash flows are most vulnerable. That's basically tech

[Antonyius]

Man... I was like who is nugget capital partners?! Then I looked them up and it's literally an one man operation of an ex-woodworker that could only get into TRU, but later used some family money to get into U of T for... Diploma lol. This guy came from a rich family and got some family money to go play @fund@. The dude also has CNQ as a @top short potential@, this guy is delusional.@ His

[Nothingmatters]

Lol our firm shorted bte at $1 cmon man, do you think we are that stupid. But for 2024 first half we are out of oil stocks. It is looking ugly out there... OPEC cutting and oil still at 76... if opec would not have cut, oil would be sitting in 40s..recession hasn't even started yet...sayonara boys..