Post by
Realdude on Mar 14, 2024 12:53am
More Mood Swings
It's amazing to see the menopausal mood swings on this board when oil rises just a little bit. We don't need a spike in oil. We need consistent $85 with a $10 differential in wcs for about 1 year. If that happens real money will come.back to the oil sector because right now there are too many unknown variables that can knock down prices. I won't list them here. Right now fund managers can make "easier" money with stocks like mag 7, except tesla. Even lower rates are no good for oil for they make dividend payers like oil and gas less attractive. Lower rates favors techs. Baytex is a hard sell at $9 even if oil is headed towards $150.
Comment by
ThisIsYerChance on Mar 14, 2024 12:55am
Why is it amazing to see people have mood swings as a result of menopause
Comment by
Marty47 on Mar 14, 2024 10:13am
Well before we get to 85$ we need some spike in oil isn't ..... so until we get to 85$ , a 3$ oil jump in a 24 hrs period is good enough for cheer , menopause or not , when you have no meal for 2 days , a piece of bread always bring cheer lol
Comment by
ThisIsYerChance on Mar 14, 2024 9:13pm
Can Baytex shareholders not afford meals? Jeez
Comment by
ABCorp on Mar 14, 2024 11:40am
Baytex is a hard sell at $9 even if oil is headed towards $150??? Wow, really. If Oil hits $150 Baytex will be trading above $9 or I'll eat my underwear...hahaha... That would only be about $900 million more in free cash flow per Quarter on top of current free cash flow.
Comment by
ThisIsYerChance on Mar 14, 2024 9:14pm
Would you take a video of it so we can see