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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 > dividend investors
View:
Post by Chefboy69 on Aug 30, 2022 11:10am

dividend investors

don't care about swings...

only the ones watching their accounts daily do...

STOP thinking you can beat the market

this stock is so disconnected from the fundamentals because NO ONE invests in fundamentals anymore

Everyone think Bed Bath and Beyond/Gamestop/AMC/ Tesla/ and so on willmake you RICH


EASY COME, EASY GO

Good luck everyone
Comment by RAWCOLTY on Aug 30, 2022 11:28am
Smart man.... Enjoy the Dividends and the increases in Dividends coming!  Nice way to ride out the swings in the Market collecting Dividends knowing that the share price will go up eventually... More than likely this company does get bought out for a very large premium due to those tax pools alone not to mention how Cheap GXE is.
Comment by Chefboy69 on Aug 30, 2022 11:32am
that is exactly the plan....be paid to wait for the market to wake up to this money making machine
Comment by Chefboy69 on Aug 30, 2022 11:40am
want an example of LONG...check out BIPC. I bought IPL in 2011 for income in my RRSP it has rolled into/become BIPC...a $1200 investment is now $2,600 and pays me 3% yield but more because it was IPL
Comment by Chefboy69 on Aug 30, 2022 11:50am
if you want to trade/flip..check out MDMA.. it went from 0.025 to now 0.06...its heading to 0.12-0.15...being accumlated.. TRADE penny's...invest in dividend stocks CHEERS!!!!
Comment by baranja on Aug 30, 2022 1:32pm
Agreed, this one is pure investment for divident.
Comment by Luckyeleven on Aug 30, 2022 1:59pm
Not much of an investment since the stock has lost double than they would pay in a year since it got implemented. Bulls have a one track mind and it gets clouded and can't see what is right in front of them. For me the tape tells the story most of the time. 
Comment by pierrelebel on Aug 30, 2022 2:13pm
Luckyeleven wrote "... since the stock has lost double than they would pay in a year since it got implemented." This is a total misrepresentation of the facts. July 26th  GXE trades at $1.14 July 27th announcement: "With the generation of $24.6 million in free funds from operations during the second quarter and a continued strong outlook, Gear's Board of Directors has ...more  
Comment by Chefboy69 on Aug 30, 2022 2:16pm
day traders/swing traders don't base their TRADES on FACTS
Comment by Luckyeleven on Aug 30, 2022 2:50pm
Thats when they adjusted the dividend, they implemented a variable dividend a couple of months before with the share price much higher. They now have basically stopped bying back shares for now for the monthly dividend. I think I present the facts as is and no need to get defensive. The stock underperforms on almost a daily basis. Like it or not and I don't that's a fact.
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