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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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

Comment by w8asecon Feb 06, 2023 10:15am
144 Views
Post# 35269019

RE:Since i have decided to go to war

RE:Since i have decided to go to warswing/day traders actually never make more than the longs and you are correct in that, like a casino, they never bragg about their loses....

...anyway no-one hires a money manager that swing trades... money managers buy undervalued and sell when overvalued....

We are ok here with GXE as a long at this low price and P/E valuation... at some point in the future it will be back at $1.80+... however... till then we get 11% return at this price.....GLTAL


Chefboy69 wrote: with the penny flippers/scalpers and swing traders swapping shares of GEAR ENERGY (GXE)

it seems the boards are a lot quiter??? No pumping over the weekend and ZERO activity

maybe now they "get it"

investors always seem to get the big fat screw and traders always seem to bank but godforbid you never hear about their losses...
You only hear about the gobs of cash they make...very similar to a gambler at a casino...

Anyways maybe now investors can hold OR they now know whats going on with the stock they hold
even better....

Good luck all

This stock deserves to be a higher valuation, its debt free...and printing money every day




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