GREY:BXEFF - Post by User
Comment by
An1588eron Feb 28, 2019 1:08pm
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Post# 29423889
RE:still holding this stock
RE:still holding this stockAgree, bought most of my position at 0.63 average cost. Origionally 25,000 shares but picked up some more when it dipped to 0.58. According to Bluegold Research, draws should be bullish toward the end of March. Weather bullish early March then neutral toward the end of March so far.
Holding this, as there is significant leverage based on Natural Gas inventories being below the 5 year average and the rock bottom valuation this company has. Trading just over 1/2 cash flow.
I am cautious however as this company does have significant debt.