Gear Energy Ltd T.GXE

Loading while it still has debt

[lovehockey]

Buying as much as I can while the stock still has debt. It will be a much different picture when it becomes debt free. $520k purchased from the bid side today will fetch you $5 monthly but also that will likely be over $1 mln in a couple of years.

[Iliveinavan]

Fundamentally GXE is in pretty decent shape, but the sentiment around the stock is bewildering. I'm with you and added 200k @.51 last week...holding 300k now (avg .56). While I don't think it's a slam dunk, the risk/reward ratio seems low given what we know, so am willing to wait for this swing trading cycle to break..

[lovehockey]

Fundamentally it has been good for year. The problem with this stock is that it is small, pays dividends and doesn't do buyback. All of these factors make it a very easy target to manipulate the price for some players who are interested in long term gain. This stock can only be recommended who play the long game - you absolutely can't make money off it short and mid terms just due to