Surge Energy Inc (Alberta) T.SGY

SGY

[baranja]

Why is this stock not moving? Look at OBE.
I dont' get it?
Does somebody know home much shorts we have here?

[Al42]

Shorts almost gone ... $SGY.TO SURGE ENERGY INC. J 312,389 -335,329 7 Jan 2021 $SGY.TO SURGE ENERGY INC. J 647,718 332,809 21 Dec 2020 $SGY.TO SURGE ENERGY INC. J 314,909 -404,278 4 Dec 2020 $SGY.TO SURGE ENERGY INC. J 719,187

[Countrin2tive]

It is a head scratcher.  With oil prices ascending, you would think that share prices would be climbing a little faster.  Unfortunately, SGY has not clearly indicated what upward oil prices are or will do for us, and in fact I will go as far the say that the information they have provided including last financials have been "clear as mud".  I point to the oil prices over

[daniel004]

Not really a head scratcher. It's simple, the oil investor pool has shrunk. Sucks but it's true. And with the rapid spreading covid UK variant predicted to become the dominant strain here very soon, compounded by more severe lockdowns, I'm expecting the latest oil price run-up to reverse soon. I honestly hope I'm wrong. Health experts say, it's going to get worse before it

[JohnFriesen]

This post has been removed in accordance with Community Policy

[Countrin2tive]

Another way to look at it and also valid observations.  I believe the company will not be making Q4 and year end reports until March, thats what they did last year.  Given the movement in oil prices an interim update is definately warranted.  Afterall, it's what they did while cutting dividends when the oil price was crashing.