Baytex Energy Corp T.BTE

Sold my oil stocks

[stock_for_gold]

There's sure quite the negative news showing up these last few days concerning oil prices. It doesn't help not having a clear indication as to what OPEC + will do in the coming weeks. With volunteer oil cuts from members of OPEC+I is not a clear picture in price direction. Iusually hold onto at least half my oil stocks during uncertain times and buy back on positive news but this time I sold all my stocks and holding on to cash until the new year. BTE may be ok but still not sure as to the 58 million shares that will come on the market in 9 days. I'm sure there will be some selling pressure. I'll buy back in new year when market settles a bit.

[Cobalt]

Gratz, buying anything while this market rips into year end? hard to find new buys with all the best around overbought.

[masfortuna]

 Coby Checkout Microsoft. If you are feeling more frisky, then Bragg or Coveo for techs. Mining I have a few silvers stocks and Capstone as well as Nili ( nili is a lithium play and lithium the commodity is down about 80% year to date). 

[Cobalt]

Own MSFT best safe AI play like PLTR better Own CS like IVN better bought Argentina lithium on the government change. I could use more MSFT or NXE on a Jan pull back

[riski]

Well you are certainly not alone in your selling on a late Fall Friday afternoon. It is anything but a contrarian move, but contrary has been very profitable in this sector.  November is a notoriously poor month for energy. It's shoulder season. The summer travel/constructoin season winds down while the winter heating season has not yet picked up. It's usually a great time to

[buyoilnow]

Good Gravy posters! We could see  $4.88 Monday. - if it breaks we will see recovery at $4.33. That being said, I am a buyer at $3.88 (love those eights and threes)!

[monstradamus]

Clown clown clown