OTCQX:GXOCF - Post by User
Comment by
jerrybeon Mar 19, 2017 7:41pm
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Post# 26000208
RE:Darned me. I made mistake buy GXO
RE:Darned me. I made mistake buy GXOManagement owns a quarter of all stock outstanding...so they are losing much more than you. This is a rare case of management's interests being aligned with shareholder's interest.
The problem is that in this "lower for longer" ultra-bearish sub $50 oil market, the tiny, obscure Canadian E&P stocks have been left for dead. I have been adding at these levels. I also like VET and Surge Energy. Both also punished recently while operationally at the top of their form with low leverage. It is an opportunity to add on the cheap, that's how I see it. As an individual investor, you can afford to wait, you can afford to be in undesirable sectors. Mutual fund managers cannot. Again, I see it as an advantage.