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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

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

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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Pure garbage - .24c.
View:
Post by Cheadle12 on Sep 14, 2020 5:53pm

Pure garbage - .24c.

This name has seen much better days and now is in that "will likely never recover" category.

Once investors feel a stock is too far gone (like Surge), they're also gone and wont' return.


~The great Cheadle.
Comment by Kherson on Sep 14, 2020 6:58pm
Can you explain to us what the "never to recover category" actually is? Does this include companies who are paying down debt? Kherson
Comment by leo101 on Sep 14, 2020 7:37pm
kherson makes an excellent point.
Comment by Cheadle12 on Sep 14, 2020 10:45pm
Sure.  What it means is that even if they pay down some debt, buy back shares, there simply are no buyers anymore in the junior space and what little buyers there are, they're not buying surge. Even Eric Nuttall had it as a big "nope".   Names like Storm, AAV, Kelt, TOG have the most buyers.. but surge, they're unloved.. pretty boring story and average assets ...more  
Comment by Kherson on Sep 15, 2020 7:45am
Your post speaks volumes about who you are and who you work for. Glad to see that your employer also told you to mention "Sparky"! Kherson
Comment by Munny23 on Sep 15, 2020 10:31am
He said not a bad company but a bad stock.  I love investing in companies like this as sentiment can change. As long as the underlying company is doing what it's suppose too (Surge definitly is), its a great time to get in and load up.  glta. 
Comment by leo101 on Sep 15, 2020 10:41am
kherson, who does cheadle work for.
Comment by Red_Deer on Sep 15, 2020 12:19pm
Hey LEO__most know the Rhyme about The DUCK__and this one looks to me like a Loner SHORT SELLER__as a cursory examination of SH Posting History suggests.
Comment by Kherson on Sep 30, 2020 7:05pm
Comment by RayDonovan78 on Sep 16, 2020 10:37am
Bow Tie still likes it !!
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