Bellatrix Exploration Ltd (Canada) BXEFF

Is Orange stuck?

[Steelhead15]

It looks to me that Orange is stuck at this time. I think they may hold off for awhile. Wait for the price to go up. Just my guess. I don't understand how the hedge funds work out their investments so I'm really guessing. I know I would feel bad if I were them.

I'm tempted to average down BXE by doubling my position at these prices. I'm also tempted by a few US companies in the Permian. PXD has been down $100/share. PXD has some great locations. There is one in OK that has lots of vertical wells and some horizontals.

Rothschilds said buy with Blood in the Streets. I think that was a quote from when they had lots of pounds of gold worth about $500M.

Did you know they were Jews and some of the family lived in a ghetto in Germany? When rich, the family was nicknamed the Octopus. It's said they wouldn't help fund the Germans in WWI and because of the huge debt from that War, the Germans were mad as H....  Probably why Hitler could use them as a scapegoat.