Comment by
YesSetForLife on Nov 24, 2023 8:49pm
He thinks the dividend is not sustainable but anyway he also stated that Gear Energy is very cheap right now Remember that Nuttall bought shares of Gear last year and he made a fortune I wouldn't be surprised if he bought in again very soon
Comment by
CandyC on Nov 24, 2023 9:24pm
maybe he was buying today for himself or family
Comment by
tylerreddick on Nov 25, 2023 1:19pm
CandyC, you don't really believe the stuff you post, surely?
Comment by
lovehockey on Nov 27, 2023 11:46am
Ninepoint partners owns 25 million shares or 9.56% of the float. Eric is pretty much an insider and he likely knows that there is some sort of transition coming. Prepare for base dividend to be eliminated and NCIB to be introduced. Very possible they will have special dividend as well.
Comment by
Reachme on Nov 27, 2023 11:49am
Nuttall sold Gear last year and made a ton of money.........not sure where you got the information that they bought back again?
Comment by
lovehockey on Nov 27, 2023 12:46pm
Did he? I had it from here https://www.barrons.com/market-data/stocks/gxe?countrycode=ca
Comment by
Reachme on Nov 27, 2023 1:05pm
It was in December 2022..........they sold in 2023......there's a video on that here.... https://www.bnnbloomberg.ca/video/eric-nuttall-discusses-gear-energy~2500944
Comment by
lovehockey on Nov 27, 2023 1:27pm
Ok, thanks. Then he is not an insider anymore.
Comment by
Reachme on Nov 27, 2023 1:30pm
No but I'm sure he will be buying some again....
Comment by
NotThatBright22 on Nov 27, 2023 11:53am
This would go againts any memorandum of sale IMO.