Surge Energy Inc (Alberta) T.SGY

Phil Flynn oil headed higher

[fortunefavorsus]

Why the huge drop in a highly unervalued company that could cut its debt in half this year?

[bdeparde]

  Funny business. It was trading strange today. Nuttall is on bnn Friday. Could be him trying to get a larger position (he hates surge) but he likes making money. I really want to know who was then buyer of 7 million shares earlier this month. Will look forward to viewing the instituational ownership for January when out on morning star. 

[bdeparde]

It was him. Very nice. I sold all my position. I'll take a quick 30% anyday.

[fortunefavorsus]

"Could be him trying to get a larger position (he hates surge) but he likes making money." I started trading Surge about 6 years when they bought some assets from Penn West which I was unfortunately heavy invested.   I have been in Surge off and on over those years but was never a major position until recently.  Was it Nuttall who seemed to dump on the stock all the time?

[morrisminiman]

Why the huge drop in a highly unervalued company that could cut its debt in half this year? my energy portfolio:  JOY, SGY, BTE, CPG all in the red at the close. JOY - was my biggest loser today, but has given me my best gains still up 70% since I bought in Dec. WCP, IPO up only by 1 and 1.6%. ESI - a oilfield services company was my best performer today. up 2.76% I guess drilling must be