Gear Energy Ltd T.GXE

Very frustrating

[Luckyeleven]

Rarely does Gear over perform other oil stocks. Oil flying today yet we are flat as a pancake. I own 8 energy stocks currently and GXE underperforming all of them and on a daily basis. Has this turned into a value trap? Hard to make sense of the trading action lately. If and when it breaks out hopefully it's fast and furious.

[MLEWICKIMBA]

Agree: I's like no reward for debt repayment, declared dividend, increased production, share buybacks.

[Sugaree]

LOL, i just came on here to express the same, and here was your post, "frustrating" is the word with GXE! all the way up to $1.50 this morning, all the way back down to flat. I guess having lots of debt is a good thing, lol.

[geezer21]

"LOL, i just came on here to express the same, and here was your post, "frustrating" is the word with GXE! all the way up to $1.50 this morning, all the way back down to flat." Virtually all the oil and gas producers traded the same way today.  It is the algo trading based on market trends overiding fundamentals.  The trading action had very little to do with the

[jake12116]

Us retail investors will never move the needle , there's a reason for this price  I think we're Recession fear is number one demand will fall bringing prices down  I'm waiting this quarter out and then go from there 

[masfortuna]

NOPE.  Wti is trading consistently above $100. How low do you think wti will be if demand continues to grow and supply does not? I think you should this out and buy in about 5 years when the market turns around.

[Roscoe747]

In the last few months, the share volume of trades is equal to Gear's entire shares outstanding. At a buck and a half a share, it is entirely feasible for some fast money stock pimp to suppress the share price for accumulation or penny-flipping. GXE needs to attract investors, not traders, by executing guidance and providing meaningful shareholder returns. Providing, not announcing. Executing