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

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Bellatrix Exploration Ltd (Canada) > Worse case Scenerio

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Comment by oilbuzzardon Aug 12, 2016 12:34pm

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RE:Worse case Scenerio

Why should it drop to .60. Its already trading at pennies on the dollar. If it does drop down it will be taken out at a 30% premium and all current shareholders will be stuck holding the bag. There is no reason this stock should be trading at its current market cap. What a joke. No one should be consolidating at this level. All the weak hands need to get out of this stock NOW. And everyone else should hold on tight. A companies market fap dropping 50% in 3 weeks reeks of manipulation

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