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

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

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

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Post by zack50 on Jan 28, 2022 12:47pm

Go Figure!

SGY is trading at $6.40 at 12:00pm ET... Nuttall mentions Surge on Market Call (BNN) a few minutes later... SGY drops to $6.25.

Go Figure!
Comment by fortunefavorsus on Jan 28, 2022 1:09pm
People should do their own analysis.  SGY is an excellent long term investment based on strong FCF the next several years and low valuation to competitors.  Nuttall seems to be a day trader in and out of stocks based on whatever whim he has when he wakes up.
Comment by Kadiddelhopper on Jan 28, 2022 2:38pm
Smart and Crafty method for those who have access to pots of money, and are nimble. It's not easy, lots of long hours with research , charts and forecasts strewn all over the desk..  day-trading can be  quite rewarding... Nuttall makes it work.
Comment by morrisminiman on Jan 28, 2022 2:52pm
In a world lacking big institutional investors, In this market Nuttall can be a big fish.  He can trash a stock, watch it go down, buy ...go silent, and then sell as it goes up on fundamentals. Low hanging fruit.
Comment by fortunefavorsus on Jan 28, 2022 3:01pm
Everything SGY management said yesterday was super bullish going forward.  No reason to sell at these prices.  If Nuttall wants to manipulate stocks for pops and trash to collect lower that just says a lot about him but not SGY prospects.
Comment by fortunefavorsus on Jan 28, 2022 3:13pm
Is there no liquidity iin Canada.  You have analyst saying this stock is dirt cheap with excellent propsects and they can't get any serious buying.  A daytrader Nuttal pushed it up a little until he sold and goes down when he says he is not in it.  Beginning to think this might be my last Canadian buy.
Comment by tsoprano24 on Jan 29, 2022 12:50pm
"In a world lacking big institutional investors, In this market Nuttall can be a big fish.  He can trash a stock, watch it go down, buy ...go silent, and then sell as it goes up on fundamentals. Low hanging fruit." Similar to what I've seen of Sprott. Gets in, announces to world he's in and what a great deal it is. Convince company they need to do a placement so he can get ...more  
Comment by pennydredful on Jan 29, 2022 2:36pm
As you likely know  Nine Point Partners ( Nuttal,s firm) were  formerly part of Sprott  so  Nuttal may a chip of the block   re  Sprott. 
Comment by 1970Craig on Jan 29, 2022 6:05pm
I did not know that !  I hadn't done a docs into 9 point.  Interesting info !      Thank you 
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