RE:RE:Back to $1.35 Just1Question:
Remember Baytex? Sure do....just under 4 years ago, it was nearly 50 bucks a share. It's now just over $6. Timing is everything.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.bxe&postid=28005228#GfxujTrBRJc9mY8t.99
Just1Question:@
@Felix10: If we see $1.35, you can expect to see me as a buyer
And, agreed, timing is everything, just over 4 years ago BXE was also sky high around 30 bucks. Baytex went from $3.10 Feb 16th to $6.14 in three months. Bellatrix went from $1.30 Feb to 1.70 in three months - there are parallels.
I think the key difference is that Bellatrix and any NG play in BC/Alberta will get sudden breathing room if and when Asian markets become acessible through LNG Canada or similar. So there is a time lag, but certainly a paralell.
Just1Question:
Remember Baytex? Sure do....just under 4 years ago, it was nearly 50 bucks a share. Its now just over $6.00. Timing is everything