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Bullboard - Stock Discussion Forum Granite Oil Corp GXOCF

Energy
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.

Bullboard (OTCQX:GXOCF)

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Post by survivor2015on Jan 25, 2018 12:09am

Shorts are covering

I wanted to clarify the error.  This stock is not being "shorted like crazy".  In fact, short sellers are covering here at the lows of $2.80s  Maybe I will join them? Short ...more  
144
Comment by survivor2015on Jan 25, 2018 12:06am

RE:This stock is being shorted like crazy

Sellers are exhausted it seems? I see support here and unless it's broken, you might be setting your expectations too low.  Anyone who would have sold apparently has.  I'm getting ...more  
99
Discussion
Post by survivor2015on Jan 24, 2018 11:06pm

Incredible: just $2.85 and just 97M market cap

They should built a few warehouses one some of their properties and announce they will grow marijuana.  The stock price and market cap would triple overnight. They own so much infrastructure ...more  
166
Comment by Sjakkspillon Jan 24, 2018 10:16pm

RE:Expect another dividend cut

The percentage of the dividend doesn’t mean anything. What matters is the sustainability from cash flow. With a $34.50 CA WCS differential, rising dollar and falling production after a disappointing ...more  
135
Discussion
Post by SIGG1on Jan 24, 2018 2:22pm

REMEMBER...

WHEN PRICE OF OIL GOES UP (THREE YEAR HIGH)... GXO GOES DOWN ( SIX YEAR LOW)....
118
Comment by SIGG1on Jan 24, 2018 1:45pm

RE:RE:RE:Beaten up share price

BTW if it was undervalued you will see insiders buying shares. That hasn't been the case.
84
Discussion
Comment by SIGG1on Jan 24, 2018 1:37pm

RE:RE:Beaten up share price

just wait for $2 before you buy more, it should not be too long....
73
Discussion
Comment by linericon Jan 24, 2018 1:22pm

RE:Beaten up share price

Yes, i would agree that ghe SP is acting like a takeover/buyout is being set up behind the scene. The fundamentals of this compay and the current price of oil are such that the SP should be ...more  
115
Discussion
Post by SIGG1on Jan 24, 2018 12:54pm

Expect another dividend cut

Getting near 10%. This is not sustainable. it will get cut again and stock will drop below $2. This is game over for GXO.  Have you ever seen such a piece of shiit?
133
Discussion
Post by SIGG1on Jan 17, 2018 2:24pm

This stock is being shorted like crazy

Back to a 52 week low. Shorts are holding it low.  This is pretty painful 
167
Discussion
Comment by SIGG1on Jan 16, 2018 11:06am

RE:back in 2.92

Buy at 2.90, sell at 3.00 and repeat. its been working well for me as gxo has been trading in that range almost everyday. And I always keep some just in case... 
106
Discussion
Post by uogradon Jan 16, 2018 10:50am

back in 2.92

trader not a lover but there is some money to be made here over the next couple of weeks now that dividend has been confirmed. Here for a good time not a long time.
89
Discussion
Post by Squash11on Jan 15, 2018 7:50pm

Beaten up share price

In the past, I have been lucky enough to partivcpate in a buyout of a gas company that had been beaten down in price for weeks. I was near throwing in the towel when some kind guy in IR said to hang ...more  
241
Discussion
Post by adonaion Jan 15, 2018 4:39pm

share price

Share price is way to low and I wonder why?
56
Comment by SIGG1on Jan 15, 2018 12:58pm

RE:Dividend

We need a strong short squeeze to get the price moving up.
80
Discussion
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