Post by
ngtraderng on May 21, 2019 7:00pm
Destruction of wealth
I've never seen such a magnificent destruction of wealth in a Canadian resource company before. What happened here is nothing more than bad management.
Comment by
defy123 on May 22, 2019 10:52am
Is more than simply a bad management, it's a pure conspiracy. Take a look here : https://stockhouse.com/companies/bullboard/t.bxe/bellatrix-exploration-ltd?postid=29763972 Remember to vote against them at the shareholder's meeting.
Comment by
1condor on May 23, 2019 1:57pm
I was laughed off this board when I gave my 16 cent target price on BXE two months ago. Not sure why many on this board did not see this coming?? It was actually a simple analysis that gave me that target price.
Comment by
NewfNewf on May 23, 2019 4:55pm
I thought you were being generous with .16 cents as I saw .10. Unfortunately most retail investors buy on hope and cannot read a financial statement. They hear a bow tie guy on BNN pump a stock (which he probably was short on thereafter) and buy it. Hopefully some hard lessons learned here for some people. That said, the rewards vs risks are starting to looking decent.
Comment by
1condor on May 28, 2019 11:52am
For all of those who wish to add or buy BXE...the target of 16 cents will occur this week. Use this opportunity as just a trade...long term is not an option with this stock. Enjoy.