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Baytex Energy Corp. Message Board

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  • valu_player valu_player Dec 1, 2008 10:18 PM Flag

    20% divvie doesn't help my 50% drop

    I've been at this awhile myself. I've never seen anything like this. But at the end of the day, I'd rather own a company that owns real and valuable resources and pays a good div., than almost anything else in this market.

    There are no safe havens. Either this is the end of life as we know it, or this irrational panic will subside. It's painful, but I believe growth will return and energy prices rebound. But a nasty market like this is painful to watch. More painful to be invested in.

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    • i agree with you.. i would also much perfer to own a stock like this then any other holdings,, at least the assets here are real and necessary and will always have value, at least in our lifetime..so many products are dependant on oil and natural gas... the loss is very painful but you have to believe there will eventually be a recovery in price...

 
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