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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 Steelhead15on Oct 23, 2013 2:13pm
195 Views
Post# 21841907

RE:RE:RE:RE:RE:Consolidation Approaching.

RE:RE:RE:RE:RE:Consolidation Approaching.Petorr, good idea. Usually a Private Placement drives a stock down, but BXE coupled it with two growth moves. I usually wait for the charts to show me the selling is over. This time I figured they capped the price at $8 with the PP so I bought some more. I'm in the US. I was willing to buy more if it fell to $7.51 today. I rarely average down but, BXE is darn near the best stock I know of.

I'd say good luck, but I don't think we need it with BXE.
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