Bellatrix Exploration Ltd (Canada) BXEFF

I was right about not buying

[Equalizer]

this will trade again. There will be impairments of assets of course on next financials, they will sell at a fraction of the price but will pull bxe out of debt. Current Assets are valued over 1 billion $ they owe at 500 million to people, we will probably be left with what we have now at the very least a market cap of 15 million. That said say good bye to cabada as the company does layoffs along with over a 100 others by next year. I hope you don't even own a home or else those will be the real losses

[projectleopold]

This post has been removed in accordance with Community Policy

[Equalizer]

this isn't a small company they have over a billion in assets, even in these conditions they are worth money. Eveyone can be paid back but no one will buy this cause oil and gas is finished altogether. So what happens...?? Paladin energy was in the same scenario and got expedited delisting. Then came back but on the ASX markets, but it was an Australian company anyways. Bxe is canadian, they

[Consvestor]

Joseph Schacter still says it’s going to $2 .... lol.  How does BNN still allow this weasel on the air???!

[Dogsbreakfast4U]

BNN brings these guys on to fill air time. They assume no responsiblity for the content of that air time. The opinions given by Shacter on Bellatrix over the past two years have been egregiously wrong. I also recall him saying a few years back that Pengrowth was a "table poundind buy" and a "10 bagger". Do your own diligence and do not rely on the advice of so called analysts.&

[projectleopold]

This post has been removed in accordance with Community Policy

[deepblue]

He also pumped Niko resources. Went down from $100 down to penny status. Only trades over the counter now at 1 cent.