GREY:BXEFF - Post by User
Comment by
dinkdestroyeron Dec 08, 2016 2:35pm
212 Views
Post# 25573075
RE:Anyone noticing the action on the US side?
RE:Anyone noticing the action on the US side?I am sure there is a lot of interest in NGas among the large investors given we are on the cusp of a significanty change in the fundamentals. The diificulty is, unlike oil, NGas is more difficult to find pure-plays, especially companies that haven't already run quite a bite in valuation. Eventually, eyes turn towards Canada, and I think that is probably starting to kick into gear. BXE is one of the few that looks to have tremendous leverage to the upside as way to play NGas. Nothing is for certain, but there is a strong case for BXE to appreciate greatly over the next couple of months. We are challenging the 150 day MA(U.S.Dollars .92) which has served to contain this for most of this year,,,,get through that and stay above for a couple of days, should be off to the races.