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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) > For many investors who lost money from BXE
View:
Post by Kimmykim on Mar 31, 2019 3:08pm

For many investors who lost money from BXE

not for your chance for big profit from cheap BXE.
I have seen some Bashers became pumpers after buying with cheap price.
Comment by Chris007 on Mar 31, 2019 3:32pm
Thats a valid point, but theres also the case for bagholders wanting to unload at a higher price... bottom lines, these forums are a place to read about/ discuss stocks...If the only viewpoints being posted are entirely positive, these forums would be totally pointless. 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 ...more  
Comment by Don2018 on Mar 31, 2019 4:37pm
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 ...more  
Comment by Onlyonecanoli on Mar 31, 2019 6:48pm
The Don is right on this one,  I do love Bellatix but my bottom can only take so much, it's quite sore now and I don't see it getting better anytime soon. To give you an idea, i bought this piece of junk at around $6.  Thanks Josef!!!!  Canoli
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