Surge Energy Inc (Alberta) T.SGY

New 52 week low

[Al42]

There we go new 52 week low $5.21 or 61 pennies pre consoldation for a company
that Paul says is best in class.Ha Ha...great job Paul and crew!!

[ACESover]

What a whiner. Do you own any shares if so I suggest you sell. The selling pressure is not isolated to SGY but you are laser focused on trashing the stock on every dip. ACE$

[Al42]

yep...I've owned SGY for over 10 years and have lost alot of money on it. And not really whining just pointing out facts. And I agree the selling pressure is not limited to SGY but SGY is the only O&G E&P I own that has not recovered from when oil went negative

[ACESover]

I'm down on Surge as well and not happy with the current price but fundamentals remain solid. The 9.74% divvy helos ease some of the pain. I try to tune out the noise and am committed to waiting this out and better days ahead. As previous poster pointed out tax loss selling is not helping the situation and it will abide by end of the month. And of course for all the selling it if offset by

[Al42]

Hopefully we don't get screwed over like the Gear shareholders which always seems to happen when a O&G company is under valued.

[harvester]

You talk of pain ease because of a 9.74% div. You only get that % if you bought at this price. If you bought at an av. of $8 - $9 you sure aren't getting 9.74%. 

[ACESover]

My first buys of SGY were before the 8.5 consolidation, Intial buy was .19 cents ($1.62) and almost nailed the bottom at .15 ($1.28). Having said that I did buy some in the $8.00 and $9.00 range and have added at different prices along the way including a buy today at $5.22. Your right, probably not a 9.74% divvy but 7-8% is probably realistic.,Thanks for pointing that out. ACE$

[tsoprano24]

Tough to watch, but what an opportunity. This has all the makings of a great January Effect stock. Once tax season selling subsides no one will have any reason to sell, short of needing cash. With the dividend this high, sitting back and waiting for January is easy. Unless I'm missing something, this has lot of room to go higher. Thoughts? T

[cooper90]

Speaking from someone with skin in the game owning shares of SGY, there is a lot of uncertainty come January. First, January is the seasonal weakest period for oil and gas if you look at the charts and read the seasonality in the sector  Second, the uncertainty of the Trump 25% tariffs will make it difficult to see any big gains until this has been worked through  Third, Trump will