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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

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Post by Kimmykim on Apr 04, 2019 11:27am

Technically

Technically RSI is currently under 30.That means oversold&undervalued/
Comment by 1condor on Apr 04, 2019 2:36pm
Why would anyone buy this stock at 30 or above today? Are you trying to give your money away? The stock is going to be a decent trade one day...but that trade is way down at 16 cents. Enjoy.
Comment by greenpasture1 on Apr 04, 2019 3:30pm
This post has been removed in accordance with Community Policy
Comment by 1condor on Apr 04, 2019 4:14pm
greenpasture...this stock is not going back to 60 cents and definitely not 90 cents. The better trade will be 16 cents (this number is based on my own calculation of the stock as of today). Also forget about a take over bid...not happening...in Canada most stocks in the sector are a total mess and getting worse. Take a look at PXT (one and only Canadian oil stocks I own)...no debt and not tied to ...more  
Comment by ariesleaf on Apr 04, 2019 6:12pm
 If it stays at.30. BXE will give you one for your 10 if youpaid .30 a share your cost now would be one share at $3.00. How do you think they are going to have only 16.5% owned shareholders. WATER DOWN THE STOCK 
Comment by reesespiecez on Apr 05, 2019 9:36am
Not commenting on future prospects. Referring to my earlier post, $0.10 would not be outside the range of reasonable outcomes immediately post-debt conversion.
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