Bellatrix Exploration Ltd (Canada) BXEFF

One to watch!!!!

[Wynjoe]

Many valuable assets here,no possibility of bankruptcy,(at least),not for a long time. Reverse split essentially wiped out existing shareholders,however,at some point,and nobody knows for sure when?this may become a very lucrative play.At these prices,and maybe lower,keen eyed investors will soak up all these cheap shares.The market cap is becoming so low,that a couple of oil multi millionaires somewhere sitting down to lunch in some Calgary restaurant may decide to buy the whole thing.Buy when others are fearful.To me this is a good entry point and add more if we drop,but add even more if we start to rise!!!!

[An1588er]

Agree, this is now below 0.10 pre consolidation. The recapitalization was terrible for existing shareholders (which is why I sold my position in mid April for a tax loss), however for new shareholders its a different situation. Debt was reduced by $110m, debt extended to 2023, Cash Interest payments reduced by 12 million. On of the most efficient Operators in the Western Canadian Sedimentary Basin

[1condor]

Wow...I thought this stock was a buy at 16 cents. Wrong call on that one and got stopped out very quick for a loss of course.

[NewfNewf]

I was looking for 10 cents pre consolidation for a flip. Didn't happen but now its cheaper than that. Until i see actual insiders step up and buy this company, its just a wait and see, as insiders own very little shares which should be a red flag to any investor. Their debt is now due in 2023 so they have some time but i'm guessing you will see some private placements happening here with

[Don2018]

I wouldn't touch this stock, ever. I can't believe you were dumb enough to try catching a falling knife.

[Wynjoe]

Lol lol, Don you mention how you got stopped out after buying at 16 cents and now you cant believe how stupid the rest of us are for trying to catch a falling knife????What an I.q. you must have,lol,lol.Your a laughing stock my good man!!!!

[Don2018]

condor got stopped out, not me. If you could read, you would see I was quoting him. Looks like you are the laughing stock today.