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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

Comment by Maxmoeon Apr 10, 2021 5:22pm
161 Views
Post# 32973270

RE:RE:Thoughts

RE:RE:Thoughts

Sorry if I hurt your feelings Cinderella but just pick one. Just one . And I won't make fun of the Captain obvious 3 handed predictions. Every stock has 3 possible outcomes. Up,down,flat.  Fair game and your guess is as good as mine so ....pick ONE. Example. I own it so I obviously think it will "see a jump". Who cares if I focus on numbers and you focus on charts. Mumbo jumbo techno talk making zero actual predictions is just annoying.  Yours truly, cranky pants. 


Maxmoe wrote: Lol, I love technical analysis! Based on some "pattern" We should see a jump next week. Uumm... or a major drop. Now add your option 3 "we got a flat stock" and I guarantee you one of your 3 predictions will prove uncannily accurate. Like you're psychic !  Forget the other two.

jumpin101 wrote:

Based on how the stocks performed over the last 5 months, there is a pattern beginning to merge. Based on this info sgy has been flat for a full month jumped and repeated. If this is anything to go by we should see a Jump next week. Or the unfortunate happens and we see a mayor price/ share drop since it's been flat for so long because there has been a major decrease in avg stock purchases /day. Showing investors are losing steam. 

positive - there is no obvious bull flag forming (was my concern) but instead we got a flat stock. 





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