RE:WE WILL SEE HOW SGY DOES ON MONDAYIn my opinion Tommorow, SGY will slide up.
Reasons
1) On 13th, May, 38 million shares closing brought 23 million in SGY's account.
2) Oil price was bellow 50 dollar in january, bellow 60 in most of febuary. But from April 1st till now oil price average is almost 63 dollars , Much better than Q1
3) Hedged oil for Q2 is less than Q1 and price is almost 1.25 dollar more than Q1.
4) Current debt is in line with most of other canadian oil companys.
5) With fast vaccination in USA and even around 45% ontarions got vaccinated. People are driving more freely now. Chances are oil price may go up.
6) I would say, SGY debt at Q2 might be less than 280M.
7) I would say, investors would like to hold their position in SGY sooner than later.
GLTA