Gear Energy Ltd T.GXE

Major purchase...

[Gringotts]

One milliion shares bought at the close. Buy back by GXE or a new position for a new investor? These large trades appear to be happening quite frequently at the close. Perhaps its EN buying for his dividend fund...

[Roscoe747]

What does that say about a stock? When a buyer can pick up a million shares without disturbing the share price?

[JTDOUBLE]

It's calculated accumulating without pushing the stock much higher .. If this continues it will exhaust the sellers..  The real question who is accumulating at the large position could it be NCIB ??  Insiders been buying here adding more skin in game .. Should we add more here , seems this large buy are institutionals not retails .. 1.8 by Morgan Stanley last week money

[JTDOUBLE]

NCIB from what I read only allowed 500k daily .. So scratch the NCIB , it is institutionals I'm leaning into .. 

[Gord_Alberta]

This is my gut feeling... Which is usually correct. Hopefullly we get a great price.

[geric]

I'm thinking it's EN as well.  He couldn't pass up this divvy.

[geric]

BNN on Friday he'll probably say he's been buying for awhile.

[Chefboy69]

Eric Nuttal is the same as Jim Cramer...an idiot who sells himself as an expert... I do trust his opinions on oil...But i do not follow him or put him on some pedestal... he was wrong for years...He is an oil bull and that is his job just understand.

[jleer42]

I always listen to Eric, he has great inight into the oil market. At a macro level there are several people who - in my opinion - provide great insight: Eric, Amrita Sen, and Jeff Currie chief among them. For specific stock advice I always assume Eric's info has already been acted upon by the market. Really only good to highlight names I might want to keep on my radar. It's how I first

[zack50]

What kind of "maroonic" gobbledygook are you getting on with. You call EN "an idiot", but yet you "do trust his opinions" but you "do not follow him". I'm not a die-hard Eric Nuttall fan, but I don't deny the fact that he is one shrewd investor, who heads up the #1 perfroming energy fund in the world... gotta tip my hat to him! And now

[Chefboy69]

people love to follow "experts" i have learned its better to pave your own road... I just bought CWB at 24.50 3 weeks go read its not too late for that one....good luck in your investments

[Chefboy69]

i realize, i may have miss-spoken,,EN is not an idiot...i take that back HAil to the king..LOL do you think these people come on TV to make you money?? seriously?? in 5 years lets see if you think he's still such a smart guy when oil crashes