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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 PUNJABIon Aug 25, 2015 10:46am
105 Views
Post# 24048801

11 Macquarie running buy progam

11 Macquarie running buy progam There is no way to verify that National is shorting. They may be liquidating a long position. Yesterday I watched them tank the stock. They were in a big hurry to dump. It was a aggressively selling program but it was done professionally. He used iceberg orders & trapped buyers to hit the bids. He tried to get the a better price . If he was a short seller he would have most likely used Anonymous for trades.

When he capped the stock at $2.00 yesterday I thought that he may shorting. But today he is still selling again so it indicates that they want to get out fast. If he was a short seller he would have tanked the stock just before close & trigger stop losses & margin call today.
Then this morning he would not have all the stock to gap upto $2.21 & run upto $2.24. He is letting the stock to breath.

It appears he is getting rid of a large position & fast. Short sellers are interested in triggering selling too & drop in share price so their get a cushion for the shares they have shorted.
Shorting over two million shares in two days it bit too aggressive.

We have a buy program from broker 11. WITH MUTIPLE TRADES Maybe buyback has started.


We will know after close

At this time he has bid of 3000 shares at $2.11
Trades for C:SGY on 20150825 for broker #11 - 41 trades displayed
Time ET Ex Price Change Volume Buyer Seller Markers
10:24:56 T 2.12 0.12 1,200 11 Macquarie 2 RBC K
10:14:04 T 2.10 0.10 1,300 11 Macquarie 33 Canaccord K
10:12:28 T 2.10 0.10 1,700 11 Macquarie 74 GMP K
10:12:26 T 2.12 0.12 1,500 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 700 11 Macquarie 101 SG Capital K
10:12:26 T 2.12 0.12 300 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 2,000 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 300 11 Macquarie 79 CIBC K
10:12:26 T 2.12 0.12 800 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 1,800 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 600 11 Macquarie 39 Merrill Lynch KW
10:12:26 T 2.12 0.12 1,100 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 900 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 300 11 Macquarie 1 Anonymous KW
10:12:26 T 2.12 0.12 3,300 11 Macquarie 1 Anonymous K
10:12:26 T 2.12 0.12 35,400 11 Macquarie 74 GMP K
10:07:08 T 2.10 0.10 500 11 Macquarie 74 GMP K
10:05:00 T 2.10 0.10 400 11 Macquarie 74 GMP K
10:00:52 T 2.10 0.10 2,600 11 Macquarie 74 GMP K
10:00:50 T 2.10 0.10 400 11 Macquarie 39 Merrill Lynch KW
10:00:50 T 2.10 0.10 200 11 Macquarie 74 GMP K
10:00:50 T 2.10 0.10 1,300 11 Macquarie 79 CIBC K
10:00:50 T 2.10 0.10 300 11 Macquarie 79 CIBC K
10:00:50 T 2.10 0.10 100 11 Macquarie 39 Merrill Lynch K
10:00:50 T 2.10 0.10 1,200 11 Macquarie 39 Merrill Lynch K
10:00:50 T 2.10 0.10 1,300 11 Macquarie 79 CIBC K
10:00:50 T 2.10 0.10 200 11 Macquarie 53 Morgan Stanley K
10:00:50 T 2.10 0.10 100 11 Macquarie 65 Goldman K
10:00:50 T 2.10 0.10 200 11 Macquarie 53 Morgan Stanley K
10:00:50 T 2.10 0.10 200 11 Macquarie 53 Morgan Stanley K
10:00:50 T 2.10 0.10 1,500 11 Macquarie 74 GMP K
09:58:58 T 2.09 0.09 500 11 Macquarie 101 SG Capital K
09:56:18 T 2.09 0.09 500 11 Macquarie 2 RBC K
09:50:41 T 2.10 0.10 1,300 11 Macquarie 79 CIBC K
09:50:41 T 2.10 0.10 100 11 Macquarie 53 Morgan Stanley K
09:50:41 T 2.10 0.10 23,600 11 Macquarie 80 National Bank K
09:44:05 T 2.11 0.11 22,800 11 Macquarie 80 National Bank K
09:44:05 T 2.11 0.11 2,200 11 Macquarie 80 National Bank K
09:41:09 T 2.14 0.14 25,000 11 Macquarie 80 National Bank K
09:38:19 T 2.16 0.16 14,500 11 Macquarie 80 National Bank K
09:37:55 T 2.16 0.16 400 11 Macquarie 2 RBC K



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