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Surge Energy Inc V.SGY

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s): T.SGY|ZPTAF|T.SGY.R|T.SGY.O

Price: $7.06 | Change: +$0.10 | % Change: +1.44%
Volume: 3.6m | Day High/Low: 7.14/6.85 | 52 Week High/Low: 7.30/2.68

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0 stars

RE:Slacker101

w8asec - your concern for the pensioners rings a little holllow. If in fact you are concerned, you would do a little more research before posting misinformation about the tax treatment of dividend...read more
3 stars

W8asec Questions?

Respectfully........ 1. I can see your points on PWT. I hope PC knows how to safeguard the company as he has good experience. I don't think he takes a salary. He is invested in this company. If you...read more
3 stars

Slacker101

I know that I sound way too pessimistic but someone has to point out the possible negative side so that newer investors don't blindly invest on all this overly optimistic talk about yield... I think I...read more
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

It is correct... and I have a short sell order in that has not filled... you see, I don't think the market wants LNV shareholders to make more than $5.99 per share equivalent, in the short term...read more
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - that too is incorrect.  Income is income, whether employment or dividend.  The tax treatment on dividend income is more favourable than emploment income because of the dividend tax credit...read more
1.5 stars

w8asec

No one as stupid as you seem to be would have any money in the market. I think you are just some loser here to annoy people. You are on ignore now.  rate and reply
3.5 stars

RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

Good post,... and it is my conviction... and BTW - once your dividend income climbs over $200K per year you begin to pay more than 50% tax in comparisome to income from employment.   So your post is...read more
5 stars

RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - first, let's deal with the factual part of our discussion. Your tax explanation is incorrect, on so many levels. You are obviously not versed in this area. It's a difficult area and just...read more
3.5 stars

RE:RE:RE:RE:RE:Looks like we will be stuck here............

It still ends up at about half in my case...There is a tax estimator at www.knowledgebureau.com.  Pretty simple to use.... just plug in the numbers and compare what your tax bill will be.... in my...read more
5 stars

RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - with all due respect, you are getting your dividends and capital gais mixed up. Capital gains are taxed on half the gain. Dividends are considered income, there is no way to be 'fully taxed...read more
3.5 stars

RE:RE:RE:w8asec

Most people with a cost base under $5. would be happy and wouldn't resort to telling a fellow poster to do what you just said.....so, I guess you are in a loss possition.  rate and reply
2 stars

RE:RE:w8asec

My cost base on SGY under $5, so go fck yourself  rate and reply
3 stars

RE:w8asec

I haven't gotten filled yet.... will let you know if I do.... BTW - what are your losses at with SGY to date?  rate and reply
1.5 stars

w8asec

You really do like to make yourself look like a donkey. And how is that short working today?  rate and reply
3 stars

RE:RE:RE:Looks like we will be stuck here............

I am well aware of how dividends are taxed... thanks for clarifying which tax bracket you are in.  In my case I am fully taxed for half the gain.   I would like to think that most investors here make...read more
3 stars

RE:RE:Looks like we will be stuck here............

w8asec - I could pick apart your post but I will refrain. However, I know you appreciate the attention so I will point out one error.  If you are a resident in Canada, the dividend tax credit means...read more
4 stars

RE:Looks like we will be stuck here............

One caviot that many Dividend Hogs fail to consider is that when the share price erodes more than the dividend given, you pay taxes on the dividend even though your net worth goes down.  Eventually...read more
0 stars

Looks like we will be stuck here............

or close to here until the deal closes in June.  I guess I will have to make due with my 9% dividend.  The horror.  This ride up is going to be fun when it starts.  rate and reply
5 stars

RE:new from Scotia Daily Edge

another possitive report from a "Net Seller" - Not as much activity today...people may have moved on.  rate and reply
4.5 stars

new from Scotia Daily Edge

■ Surge announced an agreement to acquire the remaining shares of Longview Oil Corp. (LNV-T, T) for $5.99/sh based on a 0.975 SGY share per LNV share exchange ratio and a $6.14 SGY share price...read more