Post by
Oceans19 on May 23, 2018 1:30pm
Buy Time
At these levels where oil/gas are it's a solid risk/reward play at the moment. I'm not sure who the big seller has been the past week or so but I've been accumulating at this level. The oil and gas sector is finally starting to percolate and when the sector keep rising into summer, this should pop with the low float. Good luck to those holding and accumulating. See you north of $2.
Comment by
Just1Question on May 23, 2018 1:54pm
Agreed - In my opinion this is the price point to buy. LNG in BC is likely on its way this fall, while storage in the US is low. I'm accumulating strongly at these levels. Cheers.
Comment by
C32BTT on May 23, 2018 5:31pm
You have to wonder why management still haven't bought any at this level when you say it's the time to buy because it's so cheap. Directors and Management together owns less than 1.5% of outstanding shares and that to me doesn't show any conviction of value here. If anyone knows anything it's them that run the business.
Comment by
1condor on May 25, 2018 9:39am
Really? The stock is in a steady decline. Why not wait for at least some kind of uptick before dipping in.
Comment by
XTCXTC on May 30, 2018 4:07pm
Most likely will go back lower. It always does. Been on a down trend for awhile. It pops a little then drops more.
Comment by
rob1237 on Jun 06, 2018 3:09am
Its a trading stock...in my opinion. im down with a relatively small position. Schachter loves this one and he will pump it. His family owns it according to him. Its always one of his top picks on BNN. He pumps this one all the time with his newsletter and on tv. I will continue to average down. My cost right now $1.47. present price $1.39.
Comment by
Snowhouse on Jun 06, 2018 9:41am
I have a huge position in this stock. My cost is little higher but not worried. Once the sentiment improves for NG arena, BXE would be the dark horse. Low float and quite volatile at times. In the meantime, it is just a wait and watch game.
Comment by
Oceans19 on Jun 06, 2018 3:49pm
It's incredible to see on very little volume that we got pushed down to the resistance level of 1.35. The low float gives us plenty or torque if it starts running higher but someone has been selling to bring us down to this level on relatively low volume. We are at resistance of 1.35 for now and will see how strong that is. Does anyone know how much Schachter and family are holding?
Comment by
deepblue on Jun 06, 2018 4:07pm
be very very careful of another consolidation. only 5 cents away from being non compliant on the nyse.
Comment by
Snowhouse on Jun 06, 2018 5:29pm
The non-compliance does not happen right away. The company gets about 3 months. The current pullback is temporary I hope. Thanks for the heads-up though.
Comment by
Snowhouse on Jun 06, 2018 5:31pm
I am not sure how much of this low volume is an actual sell-off. I bought some more in recent pull back and seems like a bot trading. Could be possible that MM's trading the shares in between their accounts. The pullback is in all the NG stocks. so nothing to blame a particular company for underperformance. Wait & Watch.