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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 Don2018on Mar 31, 2019 4:37pm
137 Views
Post# 29561236

RE:RE:For many investors who lost money from BXE

RE:RE:For many investors who lost money from BXE
Chris007 wrote:
Kimmykim wrote: not for your chance for big profit from cheap BXE.
I have seen some Bashers became pumpers after buying with cheap price.



If you truly believe that the stock is going higher, thats fine and you can make your case for it (and you may be rewarded for your bet in the future), but it shouldn't upset you if someone posts a counter argument...indeed, it takes two sides to make a market.


The problem is, there is no case for a higher share price with what we know today.
BXE shareholders just got diluted to the tune of 600% at a price of 18 cents or so.
And the debt remains far too high.
Yes, if WTI goes to $100 and nat gas is $5, BXE will do pretty well. But just imagine how the really good energy stocks will do under those conditions.
So which would you rather hold, a stock that has treated their shareholders well, or one that has fcked you to death?
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