Baytex Energy Corp. Message Board
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Up on good volume on
a down day. Sure looks like somebody is liking BTE lately.
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My theory is that they are about to buy some things at a nice discount.
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So much for that theory.
- 1 Reply to earljr1
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Raising 100$mill with presumably dilution of our equity has screwed things up a bit. This is the only asset I own which was in the green.
Its a long time since i got anything right, except a bit of cash which is holding up OK.
Even that was a bit scary as it was on deposite with the Bank of Antigua, but they got bailed by the East Carbbieab Central Bank, unlike Stanford's fraudulent offshore enterprise.
The 6% fall as I write has to be seen in the context of a 5% rise in trusts generally, so I suppose it is really a 10% fall in perception of bte.
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It does look tempting, but I'm going to stick to my own advice and avoid all Canadian investments. I've been burned too many times.
- 1 Reply to totootwotu
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I would avoid American banks and buy Canadian ones. Like RY, BMO, TD or else you will get burned some more.
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held up pretty good
but I didn't like the big drop off at the end of the day. Daytraders not will to hold into the weekend.
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