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) > Waiting for the inevitable dip below $1 CAD

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Comment by ERTguyon Feb 06, 2017 8:12pm

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Post# 25807630

RE:RE:Waiting for the inevitable dip below $1 CAD

dinkdestroyer wrote: I would advise caution in any Energy related trade since currencies, FX pairs and interest rates all appear vulnerable to continuation of the recent trend reversals, which would indicate an environment which is counter to a sustained upside in commodity related equities. The weather continues to be problematic for gas and while a bottoming could develop, upside may be lacking. Most Gas producers are trading quite weak, in Canada, PEYTO is approaching a 52 weak low, so this weakness is affecting the solid companies as well, not a time to bet on a weak sister. At the risk of going against the MoneyTeam sage advice, maybe holding fire here is warranted.

I'm talking about a short term trade. I would have to agree fully with what you say. Cheers

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