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Bellatrix Exploration Ltd (Canada) BXEFF

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

Post by Compromiseon Jul 19, 2018 10:23am
139 Views
Post# 28338100

Pretend your new here ...

Pretend your new here ...If you pretend that you are new to the stock and let go of your bias.  Everyone hates this stock (except JS).  There are red flags all over the place.  It is either a cigar butt or a disaster.  There appear to be three possible outcomes from here:  1.  Huge upside potential if JS is right.  2.  A buyout close to its current value if the market is valuing this appropriately.  3.  Bankruptcy.

With all of the uncertainty surrounding this it is in my 649 file and am holding my shares assuming that it will probably go to zero but there is the low probability that it could be a lottery win.
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