Surge Energy Inc (Alberta) T.SGY

New Visitors

[geezer21]

There are a number of posters on this bulletin board holding short positions or attempting to drive the share price down to pick up shares cheap by making misleading statements or unfounded assertions to scare shareholders.

Critical reading and due diligence is well advised.

For due diligence read Surges financial reports, management discussions, presentations, and notifications at:

https://www.surgeenergy.ca/

[Baystboy07]

Many are long and are pissed at managements inability to make this company. 

[geezer21]

One tell sign is when a poster blames management for a decline in share price when in actual fact a decline in share price is the result of macro changes in the price of oil that depressed share prices of all the oil producers.

[Baystboy07]

Run a comparison with relative performance with other oil companies over the last three year period...you will see SGY is a chronic underperformer...that is managements fault... they are idiots...full stop..

[ppp]

You have to add the companies that didn't make it. So that puts them at the bottom of the winners list and at the top of the losers ,still here to fight another day.  ] 

[geezer21]

Another tell sign is when a poster makes a claim that Surge is doing worse than all other oil producers because of poor management with providing support for such a claim. In actual fact if you check the shareprice charts for all the oil producers you will see that they all follow a similiar pattern of ups and down corresponding to the change in oil pricing. When looking at the chart you will

[geezer21]

Another sign is a poster claiming shareholder stocks get destroyed by alluding that certain shareholders in an acquired company somehow benefited in a transaction simply by virtue of the shares sold and bought without exactly explaining what was nefarious about the transactions. Of coarse there were shares sold and bought in the transaction. So were is the crime? Name names.  Provide proof.

[Baystboy07]

Here is the SEDAR filling...keep your head in the sand...LOL https://www.sedar.com/CheckCode.do

[ppp]

State the date of the transaction or other occurrence that triggered the requirement to file this report and briefly describe the transaction or other occurrence. On June 22, 2021, Annapolis Public Opportunities Limited Partnership I ("APOLP"), a fund managed by ACL, entered into a share purchase agreement (the "Purchase Agreement") to purchase up to 10,000,000

[geezer21]

Another tell tale sign is posters who tells you managment is keeping secrets. What secrets are they keeping? Are they keeping material information from shareholder? Does the poster have inside information to substantiate that claim? Is the company not complying with legal reporting requirements? It is all just innuendo   Goes along with unsupported opinion, conjecture, false allusions

[geezer21]

How we doing?  Can you spot the bashers?

[geezer21]

It is a good sign for a stock when bashers are here. Why? They are here because they know it is an undervalued stock and they want to keep it that way to accumulate shares. Also, if they shorted the stock they know a good undervalued company, especially in a rising commodity environment as we are in now, will rebound at which time they will buy shares back to cover off the shares they borrowed.

[geezer21]

Another sign. "CEO did not mention a consolidation." Consolidation would have been an annual meeting item to be voted on.  All shareholders would have received an annual shareholder notice. Are we having fun yet?