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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: $2.37 | Change: $-0.08 | %Change: -3.27%
Volume: 1.5m | Day High/Low: 2.45/2.35 | 52 Week High/Low: 8.82/2.13
View modes: 
2.5 stars

Exchange rate

Crude oil is priced and sold in American dollar so when crude was 100$ per barrel Canadian dollar was equal to American so now oil is 50 dollar but exchange rate is 77cents American = 1 $ Canadian so...read more
0 stars

RE:RE:RE:Short2

SGY is killing puppies, owners all lost everything but holding this useless stock that's down every day. No money even for dog food any more. Theres your response loser.....happy?  rate and reply
3.5 stars

RE:RE:Short2

Poolish, you are one gem. I can't imagine how miserable you are in real life. Run out of puppies to drown and decided to make useless posts all day instead?  rate and reply
0 stars

RE:Short2

Pretty easy to short useless mismanaged companies like this and basically anything on the tsx energy roach exchange. All a bunch of nitwits who can't organize a dozen eggs let alone a publically...read more
5 stars

Short2

One other point.  While I realize this is an old argument which will never change and which I willl never win, It nevertheless is also a fact....  Stocks always fall faster and deeper to the downside....read more
5 stars

RE:RE:SGY is trading under $2 US right now.

Jerry, I couldn't agree more. ALGO HFTers are now( and growing daily) in charge of Markets. Their firepower is unregulated and massive. They will create a Black Swan event that will be historic, I can...read more
0 stars

RE:SGY is trading under $2 US right now.

darnit, darnit, darnit! Indeed, below $2...I am already down 5% in one day...it is incredible the amount of (short) selling going on in the sector. Can oil prices stay at WTI $50 forever? Oil demand...read more
0 stars

SGY is trading under $2 US right now.

Between the market stubbing its toe and the Loonie smashing into a glass wall, it presents a remarkable value for the long horizon investor. In the short term, there is still a long way to go, and it...read more
3 stars

RE:RE:RE:SGY short position continues to increase

Short position is usually created when the investors expect the share price to drop. Or they do it for hedging purposes. Stock is not shorted to generate interest income. Most of the time they expect...read more
0 stars

RE:RE:SGY short position continues to increase

I was told that a large number of shorts on Legacy reflected a complex financial construct that allows some institutions to convert interest income into tax-advantaged dividends. Possibly the large...read more
0 stars

RE:SGY short position continues to increase

Punjabi, Yes, WTI is below $65. Also WCS, the benchmark for medium oil (Sparky, Shaunavon), is also weak due to wider differentials. Most of it is priced-in and we can see declining share prices in...read more
5 stars

RE:SHORTING

They do pay to borrow the shares....problem is the money goes to the brokerage loaning them out and not you!  Crooked little game isn't it? LOt of it is still naked shorting...which is supposed to be...read more
3 stars

SHORTING

I don't like it and never will.  Why should someone be able to borrow my shares which I paid for and use them to sell against me for free?  If they were at least to pay me for the  use of my shares...read more
0 stars

RE:RE:SGY short position continues to increase

Good post Jerry . short selling may be momentum in reverse. Paul was buying @ $8.00 and has been averaging down. Ive been in since before Longview.  rate and reply
0 stars

RE:RE:SGY short position continues to increase

Sgy dropped over 70% from 8.82 and you say it is the lowest risk of financial trouble? Good luck. Soon you can add at $1.  rate and reply
4 stars

RE:SGY short position continues to increase

Just added more...not quite sure SGY deserves such a beating and such interest in terms of short selling...clearly still is one of the best oil firms with the lowest risk of financial trouble in the...read more
0 stars

SGY short position continues to increase

Now rhe short position has jumped to 11,284,213 shares. In the last report it jumped by 1,078,581. Now the question is why some are shorting the stock. The main factor is the price of oil & the fact...read more
3 stars

RE:RE:RE:RE:RE:RE:RE:RE:....at the end of the day......

LOL. Of course you're having to look at another planet to live on......you're not welcome anywhere here on Earth. You have to hide your indentities when you travel. I hope Trump builds a 50' wall........read more
0 stars

RE:RE:RE:RE:RE:RE:RE:....at the end of the day......

We have NASA bringing us photos of Pluto, what have you got, a guy on a horse with a turban and saber telling you that you have been taken over and curry is the new ice cream cone there? Hope Trump...read more
5 stars

RE:RE:RE:RE:RE:RE:....at the end of the day......

Do you own a Television? No snow up there Billy Bob. However.....you guys do have the option of pounding someone to get what you want, with your taxpayer supported Military...... I think our igloo's...read more