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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
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

Bellatrix Exploration Ltd (Canada)
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Post by canoe2000on Apr 19, 2012 11:10am
246 Views
Post# 19812248

weak hands quit selling, now buying

weak hands quit selling, now buying

Those that sold out on the way down now have seen the selling drying up.  Their challenge is "do I buy back in"?

Been there, done that!

Only when the price gets above their sell price will it dawn on them that they are on the sidelines of owning a great company.

Thats why I don't try to outsmart the market when I own shares in a good company.  Diving in and out has never been a money maker for me.  Take last year for example, any sane person would have sold out of DAY.  I didn't, and kept buying more, especially at $4.65.   One day after my insane 500K double down, DAY got bought out over the thanksgiving weekend.

Luck?  I don't think so.  The company simply was hugely undervalued and on a blue light special sale, so I bought more.  Right now BXE is on a blue light special sale.  So I bought more. 

GLTA

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities