Post by
Mindset on Jan 28, 2022 4:13pm
Celebrate Today
Eric being out is a great thing. I've been waiting for this moment. Sold my GXE today, and added to ATH. Hoping we get a monday morning downdraft. Anything under $1.20 is pure theft. When Eric sells, buy it. There's only so many names in the patch, so buy when he sells, and sell when he makes it a top pick.
Comment by
elducky on Jan 28, 2022 4:25pm
It's simplistic of me, but I sell GXE whenver it's price matchs ATH. I buy back my desired GXE position if ATH gets very much ahread of GXE. Right now that leaves me with 0 GXE.
Comment by
Mindset on Jan 28, 2022 4:47pm
Yes, that's worked quite well in the past, and should continue to be the case.
Comment by
Oil2018 on Jan 28, 2022 4:28pm
Yes on eric nuttall take bits of what he says but do your research. As for ath I got 265k shares too risky to leave it. In a debt free situation or even today what's its worth in a takeover bid? Easy 2.00$. There has to be buyers kicking tires on it
Comment by
Mindset on Jan 28, 2022 4:55pm
Eventually there will be take-overs but probably not for a while if I had to guess. Two main reason; 1-Tough to get financing 2- valuations spreads arent that wide between companies. ATH is a multi year play, and the way you win is when investors become impatient and give you a chance to buy on sale.
Comment by
Oil2018 on Jan 28, 2022 5:32pm
I'm not sure it's a long play...and with cash rich companies on the horizon takeover is likely given its the only to expand now. M and A hasn't been very active I think were going to see it come