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Bullboard - Stock Discussion Forum 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... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Bullish breakout in Oil
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Post by ERTguy on Oct 19, 2016 12:21am

Bullish breakout in Oil

This recent pennant formation has just broken to the upside.  We should see new highs here in the coming weeks.  We need a positive financial announcement that creates more certainty for investors and this stock should start playing catch up with the market in a big way.
Comment by Nossy45 on Oct 19, 2016 12:51am
This won't happen until the ER ... and there is dilution next week. I think it could go lower, but it's definitely going up ... just a matter of time
Comment by dinkdestroyer on Oct 19, 2016 9:44am
And we have this ominus development.......... https://www.zerohedge.com/news/2016-10-19/two-days-after-he-turned-bearish-equities-dennis-gartman-again-net-long?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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