Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

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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

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GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Top pick

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Post by theanalyst11 on Feb 12, 2018 4:03pm

Top pick

amazingly cheap. BOOK value of 15.93$ !!!

trading at 1.50$ a possible 10x bagger here.

incredible

https://www.bnn.ca/market-call/josef-schachter-s-top-picks~1324733

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Comment by Empire82 on Feb 12, 2018 4:32pm

The chart here looks like death, despite the extreme undervaluation relative to book. This tells me that the market doesn't care that the book value is 15 bucks. There are obviously other larger things the market is focusing on more ie expectations of future gas prices etc. I'm not going to try and pick a bottom here, thats a losers game

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Comment by stockmarket1 on Feb 12, 2018 6:19pm

Well said and that's what most say....... " the market seems to be always correct ". There is always a legitimate reason for a company stocks decline. It doesn't tank....just cause it feels like lol.

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Comment by woodman4 on Feb 12, 2018 8:41pm

I figure the debt situation is still causing the market to sell off the name. I have held for several years... very disappointing for sure

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Comment by Vancitybull on Feb 12, 2018 9:42pm

which oil and gas stock chart doesn't look like death?

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Comment by JDavis17 on Feb 13, 2018 12:17pm

Bow-Tie Man? Give me a break. IMO, the worst stock picker ever.

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Comment by canne on Feb 13, 2018 4:32pm

JD, I agree with you, Schachter keeps pumping BXE, this company is down 97% from its highs has a lot of debt and a management that decided to do a consolidation that just blew up what was left of an already slaughtered shell. I don't buy his "mother nature argument" on BNN - he's hoping for large decreases in storage volumes before winter is over - Nutall COMPLETELY disagrees ...more

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Comment by JDavis17 on Feb 13, 2018 5:59pm

There are simply much better companies out there that are not saddled with massive debt.

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Comment by ForesstGump on Feb 13, 2018 7:52pm

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Comment by oilyexec on Feb 14, 2018 7:40am

Schachter sounds like he is on another planet. Only talks book value but has no idea what the NAV and the debt are. His oil analysis is laughable. Focusing on "a flood of shale oil" hitting the market when you can't get a frac spread in the Permian, even if you pay a 30% premium. DUCs keep rising- lack of iron and truck drivers has everyone going crazy down there. Annual world oil ...more

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