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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, Greater Sawn and Shaunavon. The Sparky operation offers light/medium crude oil production... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Day end close
View:
Post by ACESover on Aug 03, 2023 11:35am

Day end close

I expect after all the usual trading shenanigans that took SGY to morning low of $7.89, it will turn and MM's will get price back to even or into the green. MM's use these NR's to drop the price and add to their positions. Not isolated to SGY. Think positive

ACE$.

Comment by cashtango00 on Aug 03, 2023 12:27pm
market makers don't inventory positions in an auction market like Toronto.  whatever manipulation that may or may not happen, it's not the market maker(s)
Comment by Baystboy07 on Aug 03, 2023 12:46pm
Yup, doing so requires capital to be put up so this is purely investors. 
Comment by jmurraykli on Aug 04, 2023 8:37am
This post has been removed in accordance with Community Policy
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