Gear Energy Ltd T.GXE

Booom!! Walls are broken Now..

[JTDOUBLE]

Pivot to longs here guys !!

Its just getting started!!!

[itsalie]

x-divvy day? Should drop tomorrow

[JTDOUBLE]

Bids here are firming up L2 .. Someone wanted this and they buying everything today .. traders are pivoting to longs ..

[itsalie]

If you look at the chart is usually spikes x-divvy day.. 

[Roscoe747]

  Ummm, sorry but the walls have been overwhelmed by the retail brigade that clings to Eric Nuttall's pronouncements on Market Call. Nuttall mentioned Gear last Friday, suggesting it may double. He did not, however mention how long that may take. Retail has bought it enough to force the price up a nickel but I doubt it will take long to fall a nickel when the rest of the market is down.

[Chefboy69]

exactly what he said....agree.. this stock swings like a playground swing

[Gringotts]

itsalie...hmmm... It is not going x-divy today.  It pays a dividend tomorrow. It won't go x-divy until mid Feb. for the February Dividend. This rise in price is happening for a very different reason.

[JTDOUBLE]

You see a lot of institutionals upgrading price of oil .. RBC $92 wti average this year.. It is instituionals coming into play into oil sector after positioning from recent price price low.. The retails sell instituionals comes and play..

[Chefboy69]

and there is awful lot of swing traders pumping to stay long as they trade this market is not what it seems like....watch Madoff The monster of wallstreet have a great day all

[JTDOUBLE]

The sensonality of oil trade is Feb-June.. If opec cut supply in coming meeting , institutionals investors will push this sector more likely!! 

[lashing]

LOL ... another post demonstrating you have zero clue ...  0!!!!!

[itsalie]

Right you are.. thought it was the 30th for some reason.. anyway, I'm happy to see it moving up, I loaded up a 1.00

[geezer21]

Yes, and the stock does not move up or down depending on the divy.  People are not interested in a one cent divy over a monthly period.  They are interested in what capital gain they will make over longer period be it a month or more.  Take a look at the chart and you will see that the divy does not influence trades on x-divy day.

[JTDOUBLE]

  on the contrary if you receiving 1500 a month it does makes a difference 18k annually!!  my sense something going on here not the dividend side since it takes another 15-20 days before x-dividend.. someone wanted tge cheap shares presently!!

[rinagek]

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