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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) > Be Prepared For BXE's ER Tomorrow
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Post by Sixtyminuteman on Aug 09, 2017 11:54am

Be Prepared For BXE's ER Tomorrow

Do not be disappointed if BXE beats their earnings estimates tomorrow and the stock price goes down. You see, our markets have been corrupted; our governments are allowing hedge funds, smart money, the rich, and our brokerages to collude with the exchanges to move stocks up, down or sideways. If your stock shows weakness or they are short, their computers will move the stock down; and if the stock shows strength or they are long, their computer will move the stock up. If their 'Futures Contracts' say they have to move the stock to a certain price, that's where the price is going to end up on Expiration Day (3rd Friday of the month). Four Items they need to make it work - Money, Rules & Regulations in their Favor, Collusion, and Government as their Partner (have you noticed the Fed. Gov't Receipts lately, they are breaking records every month while our GDP is on Life Support). Good Luck to all BXE Longs!!!
Comment by Vancitybull on Aug 09, 2017 2:44pm
i've been getting similar feelings too. once they can see a many number of retail shareholders pumped the stock up higher they will dump and drop the price for as long as they see fit and splash some bad news or doubt into the mix to make it drift lower and lower until retail shareholders lose patience, get scared, or run out of time or just jump ship. once they have all jumped ship, they ...more  
Comment by dastocknow on Aug 09, 2017 3:50pm
or that's already been done and tomorrow is the turn around!
Comment by Sixtyminuteman on Aug 09, 2017 4:24pm
Van, read 'Flash Boys' by Michael Lewis, 2014, if you really want to learn about what's going on in the market. The collusion & corruption reminds one of the late 1800's/early 1900's when the 'Robber Barons' owned the politicians, the courts, everything including the government until Teddy Roosevelt had the nerve to break apart their monopolies; these guys had so ...more  
Comment by Vancitybull on Aug 09, 2017 6:10pm
I should not have invested in so many o&g stocks like BXE BIR and SPE once there is some traction to start moving up in value, it drops even lower than the previous low. really difficult to make some money on these. just hoping i can hold on for the day that comes when they all come back. then hopefully i can at least get my money back. lost tens of thousands this year already but i have not ...more  
Comment by Sixtyminuteman on Aug 10, 2017 9:45am
One thing in your favor is time; that is if you are not leveraged. As you say, one day they will move to the other side when their computers report the short/down side & their futures contracts are exhausted, no more money to be made down here. Believe me, it has nothing to do with whether is good or bad; the only thing that matters today is where there computers lead them for a profit. Good ...more  
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