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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 > Today will be interesting....
View:
Post by Luckyeleven on Aug 12, 2022 8:53am

Today will be interesting....

You can sell your shares today and still receive the dividend if holding when the market opens. Hopefully Nuttall gives some positive commentary on GXE today during market call if it gets discussed today. Have a feeling we see 1.35 today or lower looking at the pullback on the oil price this morning.
Comment by marquac on Aug 12, 2022 9:06am
I'm hoping to take an early lunch at work to try and hit the phone line to get in the queue to ask about Gear.  At the very least I should think that he will reflect positively on them moving to return so much capital to shareholders.
Comment by CandyC on Aug 12, 2022 9:23am
He won't take a call if it's his top pick
Comment by marquac on Aug 12, 2022 9:26am
Then I will pivot to ask about Tamarack or Baytex or Pipestone in that order.  And if it is his top pick that will be great.
Comment by CandyC on Aug 12, 2022 9:41am
I expect 1 of his top picks won't be in his top 10 holdings as of July 31. I wouldn't be surprised if he picks a 11-14 holding or a holding he just purchased this month 
Comment by pierrelebel on Aug 12, 2022 9:48am
"You can sell your shares today and still receive the dividend if holding when the market opens." I am sorry but you may have been misinformed. Shares are trading ex-dividend from the opening today ay 9:30am.
Comment by pierrelebel on Aug 12, 2022 9:49am
Sorry sorry sorry - I misread your post.
Comment by Chefboy69 on Aug 12, 2022 9:51am
between the swing traders and kool-aid Eric Nuttal drinkers...most will be gone by the time anyone actually makes any money from the dividend,,, I plan to hold this as long as it pays a monthly divi.. like someone else said...its like own a REIT...but for oil Love that!!!
Comment by Luckyeleven on Aug 12, 2022 10:28am
Just because one swing trades does not mean you will miss out on dividends. You can trade around the dividend if one wishes but at a penny a month if you miss out sometimes so be it. The stocks swings so much the dividend becomes irrelevant in the equation. This moring alone you could already have booked .04 on the swing. More than one way to skin a cat.
Comment by Luckyeleven on Aug 12, 2022 10:35am
BTW doesn't matter if you like Nuttall or not. You can't deny he can move Canadian energy stocks with his buys or sells and his commentary. One has to pay attention to all information available and not get stuck on personal opinions and judgements. 
Comment by Chefboy69 on Aug 12, 2022 10:36am
trader talk....i see no investors here.. good luck trading
Comment by Luckyeleven on Aug 12, 2022 10:43am
I see you are stuck on terminology. Over the last two years I have made more in swing trades than GXE is currently worth, well over 2 dollars. You don't have to believe that but you should never dismiss others opinions and strategies.
Comment by Chefboy69 on Aug 12, 2022 10:49am
sorry for being do dismissive I trade as well, but i do not swing trade...i buy when things are hated and sell when they are loved...everyone has different strategies..you are correct but now i know EXACTLY why the wild swings are happening we have a bunch of swing traders..doing their thing here Thx good luck but i have noticed...Less shares available...the beauty of the monthly divi
Comment by Chefboy69 on Aug 12, 2022 10:55am
SRU.UN CWB VRAR SPPI all my buys in June I am up 60%-70% on all good luck swing trading 
Comment by Chefboy69 on Aug 12, 2022 11:01am
and ARE at $10.30..lowered my average and will be getting DRIP shares now forever so yeah different strategies bro
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