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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 > If only I recorded these posts!
View:
Post by Tradinghands on Jun 20, 2024 7:35pm

If only I recorded these posts!

Back when everyone was throwing in the towel when Oil hit $72 now look where we are back above $82+ but I kept positive because Oil will always rebound but what it does create is a buying op. You buy when no one else wants and sell when everyone wants!

I'll be back trading next week the final week in June before things really heat up!  Cheers! 
Comment by SR71BlackBird on Jun 20, 2024 10:20pm
The price of oil is a manipulated price by the powers that be. The most powerful manipulator right now is Saudi Arabia and they want oil in the $75-$85 range for a number of reasons. Social stability to avoid their version of the Arab spring and to maximize the sale of Saudia Aramco shares on the market. It's as simple as that. When the manipulating powers that be change or their motivation ...more  
Comment by Ztransformer on Jun 20, 2024 11:52pm
Very idiotic lame comment resembling your thought process. So what should be the oil price then ... in $40-50 per barrel? Hope you have read into how much under-investment there's been in o&g industry in past many years which may create supply issues in future. IEA is more than a moron to note peak oil demand by 2030's. Predictions going all around LOL
Comment by woodsmen on Jun 21, 2024 9:22am
Let me fix it for you SR71BlackBird............................................................ The price of oil is a manipulated price by the powers that be. The most powerful manipulator right now is the Democrats as they want oil in the $65-$75 range for a number of reasons. Mainly for votes to avoid the election of Republicans on November 5th It's as simple as that. When the manipulating ...more  
Comment by SR71BlackBird on Jun 21, 2024 9:57am
You poor basturds. How much money have you guys lost over the years? Sad but funny too. 
Comment by Ztransformer on Jun 21, 2024 10:46am
SR71blackeybird (matching your body tone I bet!) - your moronic comment in first place on "Artiifically" high prices shows your IQ level = 69.  Lots of money has been made (+ is to be made) on energy stocks since cheap valuations since covid days.  Bet you also don't know this you nincumpoop troll - energy companies have best balance sheets (low/manageable leverage), high ...more  
Comment by IainCaimbeul on Jun 21, 2024 10:57am
This post has been removed in accordance with Community Policy
Comment by Frank007 on Jun 21, 2024 10:01am
You are living in fantasy land it the big U S banks and hedge funds manipulating the oil market ...60 paper barrels are traded for every real barrel ...look it up 
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