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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by canoe2000on Jan 22, 2013 9:56am
261 Views
Post# 20871257

RE: RE: RE: Good deal for the Koreans

RE: RE: RE: Good deal for the Koreans

"Selling into this jump would be a good idea"

 

Yup..  the price is moving to above $5 over the next couple of weeks, but you could make 20 cents by selling at $4.50 and buying back at $4.30.

That is a 1 to 5 risk reward ratio.

Just the sort of trade Bakken likes!

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