Surge Energy Inc (Alberta) T.SGY

Large seller dumping shares since yesterday

[PUNJABI]

Whatever the management is selling some of the institutions are not buying it. Seems that massive dilution caused by the management at rock bottom prices is still stalling the stock. There has been constant dumping of the shares of this company. Some may be getting tired of this stock underperforming.

There are institutions that are taking turns dumping the stock. Since yesterday some of using RBC is constantly dumping shares. Sold over 600000 so far. Have no idea how many more shares they want to dump.


If investors had invested in other stocks they would have done much better.





House Positions for C:SGY from 20220323 to 20220324

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	763,513	6,439,676	8.434	594,326	4,988,552	8.394	169,187	-1,451,124
7 TD Sec	437,895	3,691,154	8.429	293,929	2,486,300	8.459	143,966	-1,204,854
85 Scotia	169,349	1,420,285	8.387	55,732	470,107	8.435	113,617	-950,178
222 JP Morgan	100,000	841,000	8.41	0			100,000	-841,000
53 Morgan Stanley	93,032	783,510	8.422	5,855	49,267	8.415	87,177	-734,243
9 BMO Nesbitt	118,987	1,004,686	8.444	68,200	576,197	8.449	50,787	-428,489
124 Questrade	24,548	208,026	8.474	3,115	26,357	8.461	21,433	-181,669
13 Instinet	17,500	148,508	8.486	3,000	25,471	8.49	14,500	-123,037
88 Credential	16,505	140,011	8.483	2,355	19,822	8.417	14,150	-120,189
90 Barclays	12,500	105,784	8.463	0			12,500	-105,784
89 Raymond James	15,081	127,618	8.462	3,500	29,015	8.29	11,581	-98,603
72 Credit Suisse	6,400	53,671	8.386	0			6,400	-53,671
5 Penson	64,405	539,131	8.371	58,059	486,791	8.384	6,346	-52,340
143 Pershing	3,375	28,495	8.443	0			3,375	-28,495
22 Fidelity	120	1,004	8.367	0			120	-1,004
83 Mackie	1,206	10,094	8.37	1,486	12,512	8.42	-280	2,418
74 GMP	0			364	3,101	8.519	-364	3,101
19 Desjardins	1,650	13,909	8.43	2,305	19,609	8.507	-655	5,700
56 Edward Jones	0			976	8,330	8.535	-976	8,330
200 Acumen	0			1,311	11,041	8.422	-1,311	11,041
25 Odlum	500	4,090	8.18	2,000	16,900	8.45	-1,500	12,810
79 CIBC	398,384	3,351,866	8.414	400,206	3,358,611	8.392	-1,822	6,745
68 Leede	0			1,882	16,091	8.55	-1,882	16,091
76 Industrial Alliance	0			2,884	24,617	8.536	-2,884	24,617
28 BBS	23,300	196,660	8.44	28,073	238,417	8.493	-4,773	41,757
65 Goldman	2,900	24,522	8.456	9,289	78,324	8.432	-6,389	53,802
80 National Bank	25,862	217,272	8.401	37,498	313,382	8.357	-11,636	96,110
57 Interactive	16,700	142,602	8.539	33,620	282,118	8.391	-16,920	139,516
14 ITG	10,726	90,713	8.457	41,058	343,336	8.362	-30,332	252,623
39 Merrill Lynch	69,636	587,438	8.436	103,594	866,895	8.368	-33,958	279,457
33 Canaccord	28,800	243,289	8.448	78,101	658,968	8.437	-49,301	415,679
2 RBC	102,465	857,520	8.369	692,621	5,862,404	8.464	-590,156	5,004,884
TOTAL	2,525,339	21,272,534	8.424	2,525,339	21,272,535	8.424	0	1