Bellatrix Exploration Ltd (Canada) BXEFF

MEG $53 down under $4...LOL

[energconsultant]

yes a wonderful stock... and with $5 BILLION in debt... a very attractive stock...LOL
anymore stupid ideas?  LOL

feel bad for dummies like you that own MEG and are down 99%... or ya claim you just bought it... cause your history claims otherwise...LOL  yes this auburn idiot has lots lots on MEG... he is a MEGa loser!  LOL

[auburn2]

At these depressed levels I am becoming interested in a number of fresh ideas. I looked at BXE, ATH, MEG, CVE, among others. CVE is the most conservative, but MEG offers the best bang for the buck. I put on a position at ~$3.40. Almost 10% of the stock is short so what you're seeing is the beginning of short covering, but the stock offers superb leverage. The debt is easily manageable by the

[auburn2]

When I wrote BTE I did mean BTE, not BXE, but I consider the two companies practically interchangeable at both respective valuations. I like the assets, but financially there are better options. This can change. As you can see MEG is beginning to jump. That green action, probably representive of some short covering, has to making other shorts cautious and nervous as well.