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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

Surge Energy Inc (Alberta) > New high with RSI running cool.
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Post by PUNJABI on Apr 14, 2022 11:27am

New high with RSI running cool.

That CIBC block of 50000 shares was moved from $9.48 to $ 9.56. looks like retail sellers. He could break down the order and sell at different price levels at the stock runs. Cant be the CIBC  trading desk capping the stock with just 50000  shares. They would post multiple blocks at different levels and move them higher as the price increases. This is not the capping of the stock and is most likely a retail seller.


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Comment by pennydredful on Apr 14, 2022 4:19pm
whoever   should  be  using  an  algo  for   that    size.
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