Post by
stock_for_gold on Dec 14, 2023 10:18am
Back in.
I definitely had to buy shares this morning. Think the worst is over for BTE. Oil may still bounce around $67 to $77 for the next 2 months but I think BTE will weather the storm.
Comment by
889900 on Dec 14, 2023 10:52am
Baytex has a cost of approximately $45 per barrell, at $70 oil there is still plenty of profit on the table ..... I think it will weather the storm fine!
Comment by
Marty47 on Dec 14, 2023 11:32am
Myself I was waiting more bad news , but when I got the fed speech and the houtsi hit the tanker and the inventory draw , it became obvious to jump at 4$ and worst buyback at 2 $ I saw some bullish , I'm long holder , with the differential narrow next year and Trudeau gone , heavy oil will good , and 2025 when Trudeau go back teacher we will be over 10$ for sure
Comment by
riski on Dec 14, 2023 12:54pm
I saw your buy post. I think your timing is going to be really good when you look back if you can hold on during the bumps.