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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 > Sell Everything at market at open
View:
Post by liljohnnyjoke on Aug 05, 2024 2:58am

Sell Everything at market at open

even with substantial losses as to preserve cash and get back in virtually anything at  much MUCH lower prices 
or also go short virtually anything at the open as all the big players will take big short positions before selling everything at market
aside from recession which the Fed has been waiting for to start lowering interest rates broader war looms in the middle east and revenge attacks in continental USA will follow if they start hitting targets in the middle east
Comment by Kelvin on Aug 05, 2024 5:21am
Bloomberg has said that total global debt is around $330 trillion USD. We are asking our biosphere to create the wealth necessary to be able to service that debt plus pay off principal. It's getting to the point where not enough wealth is being produced to even pay the interest. A lot of that debt or IOUs in the form of mortgages, loans, bonds etc will have to be written off.  Google US ...more  
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