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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 deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by Wellsitteron Dec 16, 2010 5:16pm
392 Views
Post# 17858673

RE: I still have some of the $20 shares........

RE: I still have some of the $20 shares........joren you probably made a sound decision to sell yesterday (although today would have been better obviously). BXE has been in a nice trend channel for nearly a year and today's action pushed the price just slightly above the upper trend line which technically speaking, is most often a good time to take some profits.

I'll be looking to buy back at $4.25 - ish.
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