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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Comment by AncasterMikeon Nov 20, 2014 11:45am

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Post# 23148034

RE:RE:BXE - Short Position Nov 15th

Insider trades have all been on the BUY side for many months now (both execs and Orange). They know more than anyone. But others are right that this is a good tax loss candidate and the shorts likely know that. I'm guessing that in the required one month time, Santa will bring good things. This repeat of last year's Polar vortex isn't hurting either. Scientists say the jet stream is much more sinusoidal now, with the warmer poles, than it used to be. This will likely mean bigger hot and cold extremes, which is good for gas. The fact that gas has way less carbon than oil or coal is good too, when governments decide to start doing something about it.

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