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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 > Everyone else is up
View:
Post by lashing on Mar 22, 2023 3:26pm

Everyone else is up

Why are all the big supporters here not snapping up cheap shares?

Clearly there is no wallet to match mouth.
Comment by Roscoe747 on Mar 22, 2023 5:34pm
There is no wallet to match your mouth but the fear created by the banking crisis will take longer to dissipate than it took to generate. Maybe investors are listening to your advice, lashing, that the other shoe is yet to drop? 
Comment by lashing on Mar 24, 2023 11:26am
If they followed my advise they wouldnt have lost money this time. Where are they to admit it?
Comment by Roscoe747 on Mar 24, 2023 12:08pm
Attempting to go long on fundamentals on a +4 beta micro cap is not very astute in the short term. Micros are the very last to experience capital inflows hence the +4 beta high volatility. Until the market responds to a soft recession landing or craters to a hard landing, the volatility will continue. One point made about demand in a recessionary environment is that historically demand has not ...more  
Comment by Roscoe747 on Mar 24, 2023 12:11pm
I followed your advice, lashing. In at $1.07, out at $1.11 and luckily pulled my stink bid before getting filled.
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