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Surge Energy Inc (Alberta) T.SGY

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

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Bullboard Posts
Post by Lallion Jul 28, 2015 11:20am
118 Views
Post# 23967159

Computers do not trade with logic

Computers do not trade with logic They are programmed in linear thinking.their comprehension  is not like  human intelligence .   They traded  extremes , either oversold or overbought .  This is the indication when you have to sell and buy this will separate you from other people timing when to step in and went to step out .these markets have changed your not like what they  used  to be , you're not very logical that's due to the computers in control .The algorithm and high-frequency traders trade on global eventsand that's how they price set  The pre-open market .60% of the trades are all phantom the simply trade in the dark pool between themselves that's how they're able to set the price you're not losing this years like me and you just simply Setting price  and controlling the stock and manipulating the price . We never run out of shares because it's the same shares traded back-and-forth to themselves and they get paid to do this artificial  volume ,pretending to be a marketmaker.but in reality  creating heavy volatility and that is your markets of today .
Bullboard Posts