Wednesday, June 4, 2014

Going out on a limb here. BXE a BUY at $8.86

The BUY indicator is not quite in the pop "DO IT" position yet. However, this stock Bellatrix Exploration is quite amazing, growing profits by leaps and bounds. The Income growth is great and the liability to asset ratio is in a very good position. I am going to go out on the limb and say it's a buy today. Let's hope the general market is good the next couple days and she will be flying. It's got a ways to go to the resistance point around $10. That is 15% away from the current price. Also read this commentary on it HERE.

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