Surge Energy Inc (Alberta) T.SGY

Spike in volume one minute after open

[PUNJABI]

Mostly Anonymous bought most shares from the block @.55. Apparently, Scotia had a lot more shares to sell. Had a block at $.57 too that was taken out.

There are still few blocks around on the market book. Some large buyers need to take them out. Don't see more blocks from Scotia on the market book at this time.


The opening volume is decent but it needs to keep the pace. Seems that there are a few trading blocks for a few cents. Someone who bought 200k at $.57 is selling at $.58. These penny traders need to be cleaned out which will requires huge volume.

House Positions for C:SGY from 20210225 to 20210225

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	337,500	188,915	0.56	99,573	56,575	0.568	237,927	-132,340
1 Anonymous	546,500	303,430	0.555	344,000	192,770	0.56	202,500	-110,660
9 BMO Nesbitt	215,000	122,520	0.57	69,000	39,020	0.566	146,000	-83,500
28 BBS	110,000	62,950	0.572	0			110,000	-62,950
57 Interactive	30,000	16,500	0.55	0			30,000	-16,500
80 National Bank	30,922	17,444	0.564	8,576	4,933	0.575	22,346	-12,511
19 Desjardins	27,000	15,280	0.566	5,000	2,850	0.57	22,000	-12,430
25 Odlum	13,000	7,410	0.57	0			13,000	-7,410
124 Questrade	13,665	7,654	0.56	1,340	741	0.553	12,325	-6,913
53 Morgan Stanley	2,700	1,539	0.57	0			2,700	-1,539
13 Instinet	2,500	1,400	0.56	0			2,500	-1,400
14 ITG	1,500	825	0.55	0			1,500	-825
33 Canaccord	57,000	32,290	0.566	57,000	32,245	0.566	0	-45
143 Pershing	7,500	4,275	0.57	8,000	4,480	0.56	-500	205
88 Credential	1,000	570	0.57	3,500	1,960	0.56	-2,500	1,390
39 Merrill Lynch	500	285	0.57	14,000	7,980	0.57	-13,500	7,695
5 Penson	6,046	3,391	0.561	27,046	15,502	0.573	-21,000	12,111
7 TD Sec	221,568	126,539	0.571	281,788	159,693	0.567	-60,220	33,154
2 RBC	163,000	90,760	0.557	266,827	151,260	0.567	-103,827	60,500
85 Scotia	94,220	53,677	0.57	695,471	387,644	0.557	-601,251	333,967
TOTAL	1,881,121	1,057,654	0.562	1,881,121	1,057,653	0.562	0	-1