Gear Energy Ltd T.GXE

Gear down

[mattressstash]

1.61 to 1.58 by the end of the day. My prediction.

[Luckyeleven]

Nah may even close green. I think you already saw the low for today. Remember the company is buying back shares so any pullbacks is a blessing in a way if you are long. Just book those dividends and be patient. Gear may not be a rock star in the sector but it will do very well regardless with little risk.

[mattressstash]

Same old record, mid 1.50's tomorrow, and by friday 1.50 or or lower.

[marketsense]

I don't know about going lower however its also month end where we all know brokers have to square their accounts.  That means usually sell off and then rebuy the following few days.   Essentially nothing has changed except for the squaring of the books for accounting purposes.   These things happen every month end but also can catch naiive investors offguard.  GXE will be

[mattressstash]

Exactly, nothing as changed.  Happens every week and a half. Sell it now and buy it Friday, so so predictable.  You are throwing in a bit of word salad with the end of the month thing.