Surge Energy Inc (Alberta) T.SGY

I own zero shares of sgy now

[soundandfury]

I sold because the risk of furthur dilution and they lost 25 million dollars in q2........they will lose another 25million in q3 and again in q4..........so a grand total loss in 2021 of 80 to 100 million.......this will be a loss of 1.25 per share post consolidation.......how can you possibly reinstate a dividend when you just lost 1.25 per share in 2021?

[WanTBe1]

I also own zero shares now mostly for the same reason. I don't like watered down stock. 

[TimeBuilder]

Dumped all @  .56 cents July 29th    Thankfully in  a TAX write off  account  but Will watch just to see what developes in the future of SGY....    GLTA

[Joe455]

Every one is waiting for the consolidation before buying. Then the price will pop up.

[Al42]

When is the consolidation suppose to take place?

[blackdog]

 Meeting to hold vote to approve this is 17 Aug.   See Appx B-2 of the info circular (on Surge website).  Date of consolidation is left to the discretion of Surge management; and is subject to completion of the merger.  

[WanTBe1]

Never ending pain in the mean time.

[unc12345]

Yeah, sometimes shorting and then coming on this forum to badmouth the stock endlessly does lead to pain.

[Al42]

Thank You

[WanTBe1]

After consolidation the price will not pop up.

[Windyhill]

  TimeBuilder... Should have followed your lead then on July29th. Wanted to see the outcome of the meetings first. Oh Well...... What a disappointment with this SGY ..... I'm out.... I wonder if the "Kid" took his tax loss.

[Kadiddelhopper]

Took my Tax loss in Tax Year 2000... sold the last Tax sale day of December to crystallize for the Tax Loss Effect.  For my RRSP, I took the Loss recently @ .58. ... Moved it into Cash for the time being!