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Bullboard - Stock Discussion Forum 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... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > 82 X Gain to $41.00/share BXE Market Cap 2014
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Post by RichyRich$ on Aug 17, 2019 10:27pm

82 X Gain to $41.00/share BXE Market Cap 2014

BXE Market Cap in 2014 was $1.67 Billion. It's now 20.4 Million. If we got back to that market cap in 2014, share price would be $41.00/share. 82 X Gain. Am I counting on that? No. I'll take 10 to 20 X Gain :) Worst case to $5.00/share. Insanely low market cap now. The beauty of comparing the historical market cap is that it factors in the market value regardless of dilution of shares. It factors the bottom line (shares X share price) Time to buy more.
Comment by NewfNewf on Aug 17, 2019 11:10pm
Richy, My 50 cents has hit as predicted but its still an expensive stock when you look at ev/ebitda. One more thing, to live in the past is to die in the present. This goes for everything in life, even historical stock prices. :)  Cheers!
Comment by NewfNewf on Aug 17, 2019 11:39pm
Richy might tell people to buy more shares since he's been saying this since over $1 dollar. How that been working out? Wait until these insiders start putting their own money buying shares before putting your money at risk. They are probably waiting to get some cheap shares at 20 cents when they do a private placement for 20 million for 100 million shares to stay a float.If you trust this ...more  
Comment by Sudirman2 on Aug 20, 2019 4:52pm
 I question your investing thesis.  You may want to see if you can buy some Enron cheap, I hear their market cap once exceeded 100B$.   AECO Daily index settled at 7cents/gj for 3 out of the last 4 days.  We are awash in gas and will be for years.     Think you are looking for a 7 sigma event. Statistically may happen ( about every 1.07 billion years) but ...more  
Comment by mjhayman on Oct 20, 2019 10:52pm
Wow this was a great post by richymike
Comment by Kherson on Oct 21, 2019 7:34am
What investors need to realize is that the clown posting this foolish is actually being paid to post. The whole process of BXE entering CCAA Protection is an organized scam. Do you really believe that after the bidding and CCAA processes are over that there will be any monies left for shareholders? Kherson
Comment by joenomoney2 on Oct 21, 2019 4:31pm
This post has been removed in accordance with Community Policy
Comment by Equalizer on Oct 21, 2019 8:56pm
very intersting indeed, imagine their assets are still worth even 1 billion or say 700 million after the 300 something million debt that wpuld be quote the treat
Comment by Kherson on Oct 29, 2019 8:43am
Looks like our Paid Pumper has disappeared! Kherson
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