Post by
1234bmth on Oct 11, 2024 5:23pm
BTE vs market
I am trying to not being negative, but it is unfortunate to see the markets are making new highs and then looking at BTE where it is stuked. Honestly many times I waited BTE hits my break even price and sell more than 1/2 of my position, it didn't happen and I averaged down again and it didn't happen again, can't wait to see BTE reaches my current average price of $5 and will sell 1/2 my position, this stock is the largest holding in my portfolio and also the worst to perform.
Comment by
Marty47 on Oct 11, 2024 7:30pm
Baytex is like the one person running a marathon , the 4 runners ahead of Baytex weight 165 pound and Baytex is 300 pound , so everyone will finish the race but Baytex need to loose weight ( debt) if they want to cross the finish line lol .... and today oil down even Meg finish lower so I think watever the market do unless oil stay up for a while , oil stocks may not move as the market
Comment by
1234bmth on Oct 11, 2024 10:08pm
100% agreed, BTE has to lose weight, otherwise it will always stay way behind the peers.