Gear Energy Ltd T.GXE

Shaking energy tree

[lovehockey]

Big boys are just shaking the energy tree and forcing weak hands to sell cheap. If someone thinks that energy will be cheap going forward you are delusional. I wish these prices stay until end of March when I get my divs and buy more GXE.

[lashing]

I'll sell you my GXE. No problem. Wait ... you dont have any buy orders in. Hmmmm. Dont wait, buy now. 

[lovehockey]

Got your word for it. I will buy 10000 shares for 94 cents the day I get my cash from dividends!

[navajojoe]

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[Roscoe747]

Are they?  This sell off is a financial event, not an oil event. US crude storage is up 1.5 mmb while both gasoline and diesel (heat/fuel/jet) are in decline and refinery utilisation is still down at 88%.  Demand is the outlier and when spring gas/diesel/aspfhalt demand occurs, normal summer refinery utilisation of ~91% will be behind the curve plus product exports to Carib/SA and

[navajojoe]

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[AlwaysLong683]

Was there a recession last year? Because there could be one this year.

[KathyPookey]

I bought more at 96 cents. Company has almost no debt and really low payout ratio. Most of our CDN oil and gas companies have low debt compared to USA counterparts and are paying way bigger sustainable dividends. And they are being run better. Look at Devon in USA , they are a disaster, during quarter when oil and gas were at the highs Devon had to cut their dividend yet past Q report by Cardinal

[AlwaysLong683]

Guess who else might have to cut its dividend....?

[KathyPookey]

I bought more at 96 cents. Company has almost no debt and really low payout ratio. Most of our CDN oil and gas companies have low debt compared to USA counterparts and are paying way bigger sustainable dividends. And they are being run better. Look at Devon in USA , they are a disaster, during quarter when oil and gas were at the highs Devon had to cut their dividend yet past Q report by Cardinal

[navajojoe]

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[lashing]

Because they post here to affirm the lies they tell themself. Like reading their own post will somehow make wished come true. Weird right? but its pretty much this entire board.