Bellatrix Exploration Ltd (Canada) BXEFF

Its Gonna Pop Hard! 10 X Gain!

[RichyRich$]

This is just the beginning of a hard rebound! I look at other stocks that linearly downtrended for 5 years straight... and they're the ones that went on to rebound 10 X Gain within a year. BXE is a pick on a quality fundamental newsletter I subscribe to. Not Schachter or Nuttell. People keep forgetting the book value is $12.00! Brain dead buddy says how would they survive. They could easily sell stuff if they needed to at a $12.00 per share book value. There's tons of acreage of owned land with untapped future reserve areas to explore. A big buyout candidate too! Keep holding!

[Druchii]

Agreed, even if they unloaded assets at fire sale prices massive value would still be unlocked!  Best strategy is for management to hold out as long as possilbe with calculated dilution until nat gas cycle flips

[Eagle1]

I'm sitting on a fair amount of shares so a potential pop as you describe makes me salivate. On the other hand, the mantras repeated for the last few years have been "big book value" and "a big buyout candidate" yet the insiders aren't buying and the SP keeps tanking. And nobody is stepping up to the plate to take this one over! Those of us averaging down, or is it just

[Ranger56]

Richy, there is a very good reason why BXE has declined continuosly for so long and so low. Clearly something is very wrong and Schachter was never able to point it out. When for all other major investors its very clear and born out in price action. Here is whats wrong...quoted from BXE November/2018 presentation off their website: "Bellatrix has no long term debt maturities until 2020 US

[kavern23]

Schachter is too lazy too spend the time to due proper due dilligence on stocks...it takes hours.   I have spent probably 10 hours this weekend looking for stocks leads. I checked into Bellatrix and in my view and opinion, it is most likely company in Alberta patch I have seen to not make it in 2019. Ranger you nailed the debt part but it is even more then that...if it was just debt there

[kavern23]

Like you know how companies are looked at on a debt to cashflow ratio and under 2 is usually the aim....BXE should do a debt to revenue ratio..lol assumung they had zero expenses...so a debt to revenue ratio...they would be over 2 on this metric.  Like this is beyind absurd. How do any of you post this is a buy? Can you not see this or just stubborn?