Gear Energy Ltd T.GXE

This really is the pooch of the industry

[w8asec]

I'm re-gaining ground with all my other oil stocks lately, which is nice... sadly I own a lot of this DOG
with an ACB at $1.31 -  so who cares that they give 12 cents per year divy if they lose 2 times more in share price....

.....any thoughts why this is one of the biggest losers in the industry?

[Chefboy69]

its been dragging its feet like this for almost an entire year now...since Feb 2022..it slide down then has gone from 0.98 to 1.24 but not higher WANT TO KNOW WHY?? SWING TRADERS

[lashing]

LOL this guy doesnt understand markets at all. Pure fantasyland. Its the boogeyman!

[admastonian]

I wish they would take the divy and shove it. We need share appreciation and management is not where it needs to be to do that. I think I`m getting the reasons behind Nuttall dumping this. It is by far my worst holding. I even have a $.10 penny stock that is doing better and I have a gut feeling if management doesn`t do something soon this will also be a penny stock. Very Very Drab indeed.

[Chefboy69]

agreed, if i don't see share price rise..i am out in next 4-5 weeks

[Roscoe747]

GXE failed to execute on guidance in 2022. The fact that it was due to macro factors affecting WTI prices and, especially the WCS differential due to SPR releases makes no difference to the financial statements. At this time, any appreciation in GXE's fortunes are predicated on increasing global demand and an end to SPR releases. In 2024 the TXM will provide for export to the Pacific rim of

[w8asec]

If they drop the divy back to zero we'll have a chance at climbing over $1.50... This is a penny stock, it doesn't need to be paying a divy. NCIB is far better for shareholders than a high dividend.   When a company pays a huge dividend that money is gone from the company forever, (like having an added monthly debt) (EPS decreases by the divy amount) but when a company buys

[pkrash]

Warren prefers that Berkshire doesn"t pay a dividend. Go look at his holdings and most pay a divi. Warren is hilarious.

[lashing]

YOu cannot talk sense to these people. They read one or two things and then come here to show what "experts" they are. They show something else but are to daft to understand this. Take their money. 

[navajojoe]

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