Baytex Energy Corp T.BTE

WTI

[1234bmth]

WTI is approaching $77, can BTE climb above $4 and holds.

[1234bmth]

Now is approaching $78, looks like something is happening this weekend, this type of jump in oil price is not due to demand increase, rather it is due to significant supply disruption.

[AvInvestor]

Demand will be fine this year. It's reasonable to predictable 1.2-1.5M boe/d growth this year. 

[liljohnnyjoke]

feels more like a quick spike'n short by the regular WS manipulation crew, unless something happens to disrupt supply in a meaningful way its likely right back down to WTI 73. Shoulda bought HOD at the open.

[kegman]

I moved my traders at $3.92 as I saw WTI start to tumble.  If we go in the red I will be watching.  I assume the Frankster did his trading already?

[Frank007]

Yes I did dumped all my bte at $3.94.......watched a trade for 22milion shares right after ...luck I guess but will reload down at around $3.87 ....

[kegman]

That 16M share trade on TD explains why we did not stay up over $4.  Should have waited I guess.  $2k this week is ok.  Need to just try and make $1-2k per week on this before it gets back to $5.  Not going to be greedy.  Just need 10 cent swings.  On a side note, if a threat to sanction more Russian oil does this, what happens when bone spurs, aka Captian Comb Over

[Moemoney42]

"On a side note, if a threat to sanction more Russian oil does this, what happens when bone spurs, aka Captian Comb Over, hammers Iran with sanctions?" That's hilarious.. I'm gonna use that one on the golf course too if you don't mind.. LMAO..!

[kegman]

Be my guest.  

[Ztransformer]

This post has been removed in accordance with Community Policy

[Frank007]

Put another zero behind that $50 ..goofy and head back to Diseneyland