Southridge Enterprises Inc (SRGE)

[stervc]

blanka, with "too good to be true" thoughts…

Please understand and make no mistake about it that whatever good that has already happened and is going to happen with SRGE increases in share price does not mean that it will happen for the next stock that you get in. As a matter of fact, it probably won’t just being based on the odds alone. I have had my share of being gullible in believing such and was made to look stupid a few times over the years.

Over 90% of penny stocks fail for a variety of reasons beyond our control, but there have been quite a few times when things appeared "too good to be true" and yet were actually true where many investors had done very well. If you bought SRGE at .0004 and it gets to .40 per share and you sell, the thought is that the same person who is buying at .40 is seeing the same potential that you were seeing at .0004 per share.

However, this is the market and at some point in time, you have to execute an ”Exit Strategy” to where you will be at peace with yourself to move on. At such time, you have to realize that you can’t save the world as it is a cruel world when dealing within the market so worrying about the guy who bought at .40 will be of no good for you. You would go crazy because then you would have to worry about many more investors buying at equal or higher levels to be successful with their investing decision of which you won’t have any control over whatsoever for making it succeed. Although it’s very sad, there will always be winners… and there will always be losers. Develop your style and stick to it for SRGE and any stock moving forward. This post below might help you out a little:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516

Also, with your friends who chose to not believe in SRGE, I would respect how they feel and not throw it back up in their faces even after SRGE really takes off. Again, what is happening here is very much not the norm. Still, I would learn to make your own investing decisions to where you are at peace with yourself regardless to what your friends think.

As for things being "too good to be true", I was in VKNG at .003 and it later ran to $1.10 per share. Years ago I was in VNCAF at a few pennies and it later ran to $30.00 per share post-split from its forward split. I was actually in a few forward split stocks that had similar huge runs. I was in GOIG that ran from .0005 to .06+ per share. I was in PTSC that went from .03 to $2.25 per share. I was in GORO that ran from the pennies to over $30.00+ per share. Most of them have come back down because of the lack of never generating any of the promise revenues. GORO was one of the few that actually stabilized over $20.00+ per share.

No, I didn’t get out of all of those stocks at their highs, but I either caught their bottom or was fairly close. I could name quite a few more that had huge ”too good to be true” types of runs, but on the contrary, I can tell you about far more stocks where things didn’t work out to be so good. My point is that although rare, those ”too good to be true” moments do happen often enough to, at the very least, know that such is very possible for happening. I hope these thoughts help. I think SRGE will be one of the exceptions.

v/r
Sterling