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

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

Energy Oil & Gas E&P

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

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Surge Energy Inc (Alberta) > I see some "up in-arms" that Murray Bye sold 20,000 shares

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Post by SC2021 on May 20, 2022 1:40pm

I see some "up in-arms" that Murray Bye sold 20,000 shares

If this annoys you or causes you concern, I would suggest that you sell your stock and move on. Murray has every right to sell his stock, when he wants. We live in a free market. He owes no one an explanation.

From 2015 to 2021, he was a buyer. That is six years where all he did was buy and help build the company to what it is today.

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Comment by terroir on May 20, 2022 5:52pm

All true, but equally true is selling at $10.37...as another poster stated, if the stock is still undervalued, why now? He may have perfectly justifiable reasons, but the optics always stink.

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Comment by zack50 on May 20, 2022 7:16pm

FFS... in one breath you say "Why now?" and then in the next breath you say, "He may have perfectly justifiable reasons." You've answered your own question! There is no trend of selling activity with regard to Surge Energy... you really are making a mountain out of a mole hill. If there was a trend of selling activity, then yes, that could certainly mean that ...more

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Surge Energy Inc (Alberta)