Surge Energy Inc (Alberta) T.SGY

Finally an insider transaction - but a SELL

[terroir]

Murray Bye sold 20,000 at $10.375 average. Humph!

[Theconsortman]

Unless this is a Board member who is resigning then this should not be tolerated. 

[unc12345]

Let's try to keep it reasonable. It should not be "tolerated"?  Although insider selling is never really a positive thing symbolically, the executives should be allowed to diversify their wealth, instead of having it all tied up in Surge.  This person has been with the company for awhile and owns lots of shares.  Let's try not to be alarmist.

[zack50]

LOL... "should not be tolerated"... what will it be... 40 lashes or a stoning? Get a grip... it's only 20,000 shares!!! Look here... * past 12 months... Insiders... 48 buys vs. 6 sells * past 6 months... Insiders... 16 buys vs. 3 sells * past 3 months... Insiders... 0 buys vs. 2 sells (Murray Bye) This hardly looks like a free-for-all insider selling spree. There is no trend of

[Theconsortman]

Well you have your CEO saying the stock will be at $22 in six months yet you sell toay at $10?  Someone has it right...

[ol_griz]

Comical.  He has every right to sell his shares whenever he pleases for whatever reason. Misplaced anger: you should be making waves about the NATURE of executive compensation, which is a disgrace. And when you look at the results of annual meetings of virtually any corporation and the votes on compensation structure ... well, good luck with that.  No club like the old boys' club.