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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

Baytex Energy Corp > Persistent price suppression
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Post by Frank007 on Feb 02, 2024 6:43pm

Persistent price suppression

The market manipulators are doing this to shake you out of your shares ....it's standard practice ...and very hard to control as a small investor .....what you must do is buy in small lot  through the day and keep some dry powder for their big push down ....do no ...I repeat do not put in an under the market order ....they can see those ....orders ....up and down so you have to be a vulture like me ....good luck ....
Comment by 2021Gamble on Feb 02, 2024 6:55pm
well, that is certainly one way to do things.... but certainly not the only way I do agree with keeping dry powder for the unexpected manipulated corrections such as we're seeing here over these last 2 days.... however. I put in below market orders all the time with my dry powder - bttom feeding; stink bids - whatever the current phrase of the week is - I have and get my target price for ...more  
Comment by IainCaimbeul on Feb 02, 2024 7:17pm
Powder dry, well that comment alone would be about 200 years old, try to keep up. Do you realize that one can fire a sidearm under water and that arty can fire in the rain?
Comment by 1234bmth on Feb 02, 2024 6:59pm
What do you mean by shaking out, this stock is in a downtrend since it hit $9, you mean big pockets are buying since $9 and shaking out small investors and they are setting at loss themselves. Shaking out is done for a strong company on a down days and goes up quickly, BTE is going down on a weekly or monthly basis since a year and a half.
Comment by red2000 on Feb 03, 2024 12:08pm
Baytex is like most of the CDN Oil producers, sqeeze with a high volatility of the WTI price. We all know and see that in the last 18 months. But Institutionals still buy and grab shares at low cost and stick with their long term plan ! Look at W Buffet with OXY ! The energy sector cannot support a WTI price below 80$ and respect their commitment to their shareholders and lenders. What next ...more  
Comment by dandu1924 on Feb 02, 2024 7:30pm
Take care because I am not a vulture like but a peregrine falcon, and today has been a good chance for me too.
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