Surge Energy Inc (Alberta) T.SGY

I WOULD SELL NOW,LIKE MOST SHAREHOLDERS ON HERE.

[ariesleaf]

But like most the loss would be to big. Some have put me on ignore because the truth about SGY hurts. The best for all is for Management too stop taking their pay checks. SGY is now the laughing stock of all Oil & Gas players .

[Upside123]

DEAD MONEY!  Management and the board have to go!!  You are correct, they are the laughing stock of the energy industry.  Creating wealth for management through lucrative stock option programs while at the same time decimating shareholder value.  

[Stockhudson]

that statement applies to all oilcos    so mgt is not the issue   oil going higher   a positive 1st quarter will help   but if it stays here  I will have to get on the buy button again 

[ariesleaf]

Stockhudson, Tell me if I'm wrong Debt is allmost 400 mil. Very few assets. What would make new investor's buy SGY .? Is it not better to for SGY to Merge.?

[Stockhudson]

I believe the upcoming qtr results will be positive   the next qtr looks good too   the FCF which might not be great but it is positive   like I am    I got more today to get under 90   I worry we might get taken out at a low price    so I am getting prepared for that unhappy moment if it happens 

[Theconsortman]

This makes no sense. The value of the Company today has nothing to do with what you bought in at. If you think SGY is dead money then sell it and take the tax writeoff and invest the remainder in something else which you think has abetter upside. Pissing and moaning will get you nowhere. You should be asking youself: Where is my money best invested TODAY? Today the market has decided Surge is