Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.

TSX:GXE - Post by User

Gear Energy Ltd > Oil up biggly, GXE down

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Comment by w8asecon Nov 04, 2022 12:33pm

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Post# 35073532

RE:RE:Oil up biggly, GXE down

Yes correct.... the Pro's eat first....and they somewhat feed off us retail investors...

however,

If you manage your expectations and aren't wanting to buy at the absolute low, nor sell at the absolute high....no-one would believe you anyway...

then buy value,,, collect the divy...someday in the future sell at a profit.(Not the high)...

....then you'll think to yourself....holy sh!!t that's how Warren Buffet invests.

geezer21 wrote:
Programmed trading is dominating the whole sector. Today's share price action has nothing to do with any one issue.

Check out the high/low coloumns.

All the oil company shares are came off their highs and are at their lows now.

https://money.tmx.com/en/canadian-markets