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Bullboard - Stock Discussion Forum Southern Energy Corp V.SOU

Alternate Symbol(s):  SOUTF

Southern Energy Corp. is a Canada-based natural gas exploration and production company. The Company has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. It has three assets in the Mississippi Interior Salt Basin (MISB), which include the Gwinville, Mechanicsburg, and Mount Olive... see more

TSXV:SOU - Post Discussion

Southern Energy Corp > Fiddy Cent?! How low will it go?
View:
Post by pecuniam on Jun 30, 2022 12:06pm

Fiddy Cent?! How low will it go?

Nobody interested at these prices.
Comment by pecuniam on Jun 30, 2022 1:07pm
At .50 cents. This company/play is done. So, don't hope that it drops that low. Remember the financing was done in the mid .80's. If the stock farts around too low the big money will just throw in their cards and say to hell with it.
Comment by jermiah777 on Jun 30, 2022 9:05pm
It seems like the only sure way to make money is to not buy shares hoping to sell later for a profit..... but to sell them first....buy later for much cheaper. I other words, we need to join the shorting gang. They love recessions. Shorters live for it
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