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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) > AECO basis vs. Midwest improves substantially
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Comment by ytriguyon Aug 25, 2016 7:55pm
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Post# 25178397

RE:RE:RE:AECO basis vs. Midwest improves substantially

RE:RE:RE:AECO basis vs. Midwest improves substantiallyI agree. It's been proven over and over again that the time to buy a stock is when nobody appears to want it.

Bellatrix is a great example. Personally, I'm buying here to average down my $1.12 purchase price to about $1.06.

This gas and oil market won't stay as depressed as it is forever. The tide is going to turn and this seems like an excellent opportunity to get in at bargain prices. Especially for those who can show patience.

I mean, the 52 week high for Bellatrix is $2.92 CDN. A 100% stock price increase from today's close is $1.94. That seems very doable.

When stability returns to the marketplace there is only one direction for Bellatrix stock price to go. It will be hard for even shaky management to stop the surge in share value.
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