Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): T.SGY.DB.B | ZPTAF

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.

TSX:SGY - Post by User

Surge Energy Inc (Alberta)

Bullboard Posts

Post by Stornyon Apr 10, 2016 9:30pm

420 Views

Post# 24750456

INSTITUTIONS MANIPULATION

As you all know, SGY is 95.3% owned by Institutions and only 2.79% owned by insiders. This fact, alone, makes it very easy for the Institutions to manipulate the stock. I have been investing for 26 years and have never seen any one stock so manipulated as SGY. I have the time to watch SGY trade all day, and can't believe the wild swings during the day. As of April 1, the "SHORT" position is at 8.99 million shares, up from 8.56 million a short time ago. This is why the stock is not moving up with the price of oil...(my opinion). On any given day it is a guessing game what SGY is going to do. Day Traders can lose or make a lot of money. TTFN

Bullboard Posts

This junior mining stock offers billions in market exposure