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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Another day.....
View:
Post by Luckyeleven on Jun 06, 2022 4:15pm

Another day.....

of underperformance, worse in the whole sector. We have seen way too many of these the last couple of months.
Comment by Allinontheturn1 on Jun 06, 2022 4:55pm
Well you know who to blame for this Nutbar really Fuked us & CJ !  Totally BS 
Comment by CandyC on Jun 06, 2022 5:29pm
He never said anything bad. People are overreacting. I'm still going with his $3.09 target. I'm sure he will be back in and pumping 
Comment by CandyC on Jun 06, 2022 5:30pm
And not just look at Eric's targets. Look at other's. Average target is much higher than most small cap oil
Comment by Allinontheturn1 on Jun 06, 2022 5:54pm
Must of us know GXE is going much higher. I sure do  that's not the point it's what he is doing that's wrong! He comes on TV on a show that all oil & gas investors watch and deliberately says two companies he dumped have a way smaller upside than when he had the companies in his fund ? WTF is that it's BS ! And Wrong 
Comment by CandyC on Jun 06, 2022 6:08pm
Has he done good for you if you have taken his advice? You could always buy his fund, that's how he gets paid. It's free guidance for us on twitter and BNN. You are correct though. His price target shouldn't change that much in 3 months. He could be very wrong about Gear's target on Friday. I'm sticking with the $3 plus target 
Comment by pierrelebel on Jun 06, 2022 7:04pm
Luckyeleven wrote "Another day.... of underperformance, worse in the whole sector." It depends on the time frame you select. In the last 20 months (from October 2020) GXE is UP 1000% (from .15 to $1.50+). Yes some stocks may have done better but still.... GXE beats 99%+ of all Canadian stocks during that period. Is the glass half full or half empty?  It depends on yoiur ...more  
Comment by Luckyeleven on Jun 06, 2022 7:40pm
You are totally correct, I was strictly talking the last couple of months as far as timeframe. Actually since the lows when oil went negative many have been 10-15 baggers like GXE. The ones that haven't risen as much were stocks that weren't at risk of goiing bankrupt like GXE and many others. If you look even at the 52 wk time frame most have done better than GXE but you are correct about ...more  
Comment by geezer21 on Jun 06, 2022 8:06pm
"It depends on the time frame you select. In the last 20 months (from October 2020) GXE is UP 1000% (from .15 to $1.50+). Yes some stocks may have done better but still.... GXE beats 99%+ of all Canadian stocks during that period. Is the glass half full or half empty?  It depends on yoiur perspective. Patience will be regarded." The Nuttal effect will likely be over after ...more  
Comment by Gord_Alberta on Jun 07, 2022 1:50am
Is my calculator broken? 1000 percent???
Comment by mesa1 on Jun 07, 2022 12:06pm
The term "percent" means "per 100" so 1000% is 1000/100 = 10. Thus if one invests $4000.00 and makes 1000% then the return would be 10*$4000.00 = $40 000.00 Likewise 10 000% is 10 000/100 = 100.