RE:RE:Great entry point for a flip!I have to agree here as I thought about picking some up for a swing but I wanted it slightly cheaper and it never hit my price.
The September report was promising and I expected it to gain some ground but it looks like the strategic process is hamstringing the stock price (not sure I buy into a wash trading conspiracy) and keeping it rangebound to the point where it doesn't even react to higher oil pricing anymore and there is no end to that process in sight.
"
Gear has not set a definitive schedule for the conclusion of the Strategic Process or made a decision to pursue any particular alternative. Given the nature of the process and the need for confidentiality during this process, the Company does not intend to provide updates until such time as the Board approves a definitive transaction or strategic repositioning alternative, or otherwise determines that further disclosure is necessary or appropriate." It might be good to pick some up cheap and hold in the hope that something happens but when that is and how good it will be for stock price accretion is anyone's guess but cheap is cheaper than this.
GLTA
HemmingfordJoe wrote: Oh sure it is. Too funny !