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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > How will we trade
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Post by Divinvestor on Dec 13, 2020 6:55pm

How will we trade

Last week we broke away from just trading up and down with oil. What are your thoughts about this week. Is there something specific that will keep us tradeing up or are we going to go back to just trading with tbe price of oil? Thoughts?
Comment by christhegreat on Dec 13, 2020 7:07pm
It broke away from oil to catch up to other names in the sector, as well as a lot of short covering and debentures gaping up sharply. This week, we will probably see further rise in debentures and SGY slowly rising towards the June high. If it breaks that June high, it will gap up to 75 cents.
Surge Energy Inc (Alberta)