Bonanza Creek Energy Inc (BCEI)

[StrategyTrader]

it looks like they dilluting to pay the interest payment.

st

[ClayTrader]

* * $BCEI Video Chart 12-05-16 * *

Link to Video - click here to watch the technical chart video

[stock1ace1]

Agreed up we go

[UP Trend]

Easy Breezy!!

[Kr4ftw3rk]

Even though BCEI's debenture bond is on a rise I'd rather see positive PR coming out regarding their infrastructure and debt payoff instead of seeing their stock rise because of oil prices. A strong BCEI directorship weathering this storm with intelligent enterprising can take it's stock back to double digits.

[UP Trend]

Meant 52!

[UP Trend]

Nice AH news, should get some shorties scrambling. Oil over 62 this weekend will be the catalyst though.

[Alyssa]

41.9 million in the float and about 9.5 million shares are short. They've had enough fun for a while. This stock was trading in the $50-$60 range in 2013 and 2014.

[Warchest]

crack em !!!

[ClayTrader]

* * $BCEI Video Chart 12-01-16 * *

Link to Video - click here to watch the technical chart video

[Kr4ftw3rk]

Possible short squeeze by the MM's. But you never know...

[UP Trend]

Nice move! One of the oil plays added on OPEC deal

[Roadtojourney]

What is wrong with this desperate seller??

[dade]

This is going to crash

[Roadtojourney]

Too many shares on the ask, where's all this coming from?

[dade]

CEO's dumping, either this is going in the gutter or that's shaking the tree???

[Kr4ftw3rk]

Insiders news....


http://insideri.com/1537193_000150958916000146_0001509589-16-000146

[dade]

Redetermination into Bankruptcy ???

[Kr4ftw3rk]

Bonanza Creek Energy (NYSE:BCEI) -7.7% AH after saying it will not make the interest payment due on Oct. 15 for $500M of 6.75% senior notes due 2021.

BCEI now enters a 30-day grace period to make the bond interest payment, which also applies to any potential cross-default under the credit facility with respect to the payment.

BCEI faced a similar situation in August, when it made a bond interest payment following a 30-day grace period.

[UNOBruno]

BCEI large buys coming in

[UNOBruno]

Since Aug26th 51M shares traded avg $1.15 I see a good base at 1.04 if now only good news or oil goes up thisBCEI will follow.

[UNOBruno]

Back at 1.04 after a short run up last week. 1.04 steady base looking at another run here is my thought BCEI

[UNOBruno]

Hitting bottom?

[stocktrademan]

BCEI bullish 1.11

double bottom
macd bullish divergence
macd crossed above 0 recently



normal chart


log chart

[Shortmetina]

$BCEI Technical Analysis Video

[ClayTrader]

* * $BCEI Video Chart 09-08-16 * *

Link to Video - click here to watch the technical chart video

[Kr4ftw3rk]

Thnx, need to keep an eye on this one as well. Might be subject to delisting if 30day not above the dollar mark?

[Pompero Firpo]

legalizeMJ, you were right on, right on, right on!

BAS up 83% today!

and BCEI up 23%!

[ClearlyStocks]

BCEI $1.44 called $.88

[Bitfury]

Looks interesting!!

[legalizeMJ]

BCEI vs BAS(Oil industry comparisons)

1)BCEI and BAS are in the oil&gas industry
2)BCEI= $1.39 per share
3)BAS = $0.56 per share.

Oil is UP and BCEI and BAS go UP with it.
4)BAS has good news. Here's the link:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11583330

5)BAS has more UPSIDE potentials because its pps is the smallest, ONLY $0.56 per share.

[ClayTrader]

* * $BCEI Video Chart 09-07-16 * *

Link to Video - click here to watch the technical chart video

[Kr4ftw3rk]

I'm surprised it hasn't gone higher. But if it can just stay above the 30 day MA of $1.00 I'll be happy. Hopefully there will be some major positive PR to push this up before the end of year.

[legalizeMJ]

Per 8/29 PR, BCEI paid interest on its senior unsecured notes due 2023.

BCEI remains in compliance with its senior unsecured notes due 2023 and BCEI remains in compliance with ALL of its senior unsecured notes.

BCEI is a GOOD oil and gas stock.
$$$$$$$ Go BCEI

[legalizeMJ]

BCEI is a GOOD oil and gas stock to buy.

Please read the 8/29/16 PR.

$$$$$$$ Go BCEI

[legalizeMJ]

BCEI is a Strong BUY.

$$$$$$$ Go BCEI

[legalizeMJ]

On 8/29/16,BCEI has good news, Please read post # 322.

$$$$$$$$ Go BCEI

[legalizeMJ]

Link:Debt and Liquidity: GOOD NEWS.
1)
http://ih.advfn.com/p.php?pid=nmona&article=72106348

The Company has a $1.0 billion revolving credit facility, which was redetermined in May of 2016 to an approved borrowing base and commitment amount of $200 million. As of June 30, 2016, the Company had borrowings under its credit facility of $273.3 million and cash totaling $170.2 million. Upon redetermination of the Company's credit facility, its borrowings exceeded its borrowing base by $88 million. The Company has elected to pay this deficiency in six monthly installments as allowed under the terms of the credit facility agreement. During the quarter the Company paid off its remaining $12.0 million letter of credit and made its first credit facility deficiency payment of $14.7 million. The Company has subsequently paid its second deficiency payment of $14.7 million in July and has four remaining payments to be made on a monthly basis to remedy its credit facility deficiency. The Company's next redetermination is expected to happen in the fourth quarter of 2016. As of June 30, 2016, the Company was in compliance with all financial covenants under its credit facility, with a senior secured debt to TTM EBITDAX ratio of 1.5x, an interest coverage ratio of 3.2x, and a current ratio of 2.7x.

2) On 8/29/16, BCEI paid interest on its senior unsecured notes due 2023
Here's the link:
BCEI paid interest on its senior unsecured notes due 2023

http://ih.advfn.com/p.php?pid=nmona&article=72308151

Quote:In a separate matter, the Company has elected to pay interest on its senior unsecured notes due 2023. Interest on these notes was due on August 1, 2016, at which time the Company elected to not make the interest payment and enter into a 30-day grace period. By paying the interest within the 30-day grace period, the Company remains in compliance with its senior unsecured notes due 2023.


BCEI remains in compliance with its senior unsecured notes due 2023 and BCEI remains in compliance with ALL of its senior unsecured notes.

The above is GOOD NEWS, VERY GOOD NEWS.
BCEI is a Strong BUY.
BCEI is a GOOD oil and gas stock.
$$$$$$ Go BCEI

[legalizeMJ]

The shorts goes bankrupt if they don't BUY BCEI shares to cover their HUGE short postions!!!

$$$$$ Go BCEI

[legalizeMJ]

BCEI paid interest on its senior unsecured notes due 2023

http://ih.advfn.com/p.php?pid=nmona&article=72308151

In a separate matter, the Company has elected to pay interest on its senior unsecured notes due 2023. Interest on these notes was due on August 1, 2016, at which time the Company elected to not make the interest payment and enter into a 30-day grace period. By paying the interest within the 30-day grace period, the Company remains in compliance with its senior unsecured notes due 2023.

BCEI remains in compliance with its senior unsecured notes due 2023 and BCEI remains in compliance with ALL of its senior unsecured notes.

BCEI is a Strong BUY.
BCEI is a GOOD oil and gas stock.
$$$$$$ Go BCEI

[legalizeMJ]

BCEI is a good oil and gas stock to buy.

$$$$$$ Go BCEI

[ClayTrader]

* * $BCEI Video Chart 08-30-16 * *

Link to Video - click here to watch the technical chart video

[Kr4ftw3rk]

I think it's also important to note that Colorado's Initiative 78, which was basically an anti-fracking amendment and could have affected BCEI, failed.

http://www.cnbc.com/2016/08/29/colorado-energy-stocks-rally-after-anti-fracking-effort-fails.html

[Kr4ftw3rk]

Bonanza Creek Energy (NYSE:BCEI) says it has been notified by the NYSE that it is not in compliance with continued listing standards requiring the trailing 30-day average closing share price to remain above $1.00.

The company says it will notify the NYSE of its intention to regain compliance within the Exchange's six month cure period.

My guess now is that since BCEI opened above $1.00... this will keep them from being delisted.

Separately, BCEI says it will pay interest on its senior unsecured notes due 2023; interest had been due on Aug. 1, but the company elected at that time not to make the payment and enter into a 30-day grace period.

However, this should be more important than being delisted. I think once this payment is made you can throw BK out the window IMHO.

[Lone Wolf]

That was a very sweet close....and the day is looking beautiful so far. Regardless of where $BCEI ends up on the day, the AH news set the stage for the beginning of an uptrend.

Go baby!!

Btw- ran out of posts yesterday!! lol

[knrorrel]

NEWS AND NOW ONLY $1,19 ? Why ? I HOPE OVER $2

[knrorrel]

running equal; with beginn

[knrorrel]

$2 + coming - grreat news now , strong buy

[easymoney]

What a close 1.35 nice.

[ClearlyStocks]

BCSI .88 call now $1.30 boom!