Gear Energy Ltd T.GXE

Insider Buy

[pkrash]

Wang picked up another 30K on Friday at $1.46 I might need some more also.

[CandyC]

Insiders usually buy before the buybacks 

[lashing]

Maybe he swing trades like me Where is the "to the moon" you guys were shouting?

[pkrash]

He was buying at $1.60 also so I have no problem picking up some more at $1.46 on sale.

[CandyC]

Don't worry. It's coming. Buybacks in the coming month or so. I'd expect 2.50-3.00 by EOY

[Roscoe747]

The problem with the swing trade is that the swingers only speak to half of the equation. For every swinger there is a counter party left swinging. The swing trade is merely noise and distraction that creates an insecurity among investors BUT does nothing to stop the fundamental metrics from emerging. Simply put, the execution of guidance takes time and so does investor faith in both macro and

[Luckyeleven]

Not always true and it depends on many factors. The stock hit 1.94 and look at it now. How many times did it go to the 1.6's and then back down. Just recently down to 1.37 or so and hit 1.5 today. You could have swung traded GXE many times over the last 3 months. You may not see 1.94 again this year. Very rarely does a stock take off when you don't have an opportunity to re-enter. There is

[Roscoe747]

Yes, no argument here. There are opportunities for profit in the swing trade but my original premise holds true. It was aimed at investors who may be doubting the capability of GXE to capitalise on this bull market. While the rise to $1.94 and subsequent establishment of a consolidation price is not relevant to the swing trade, the daily volumes and volatilty indicate more than just the penny