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The low volume demonstrates that shareholders are holding and awaiting updates.
I can tell from experience that SRGE is not following the pattern of most companies that have moved to the Greys. In most cases, there is a serious dumping of shares. We have not seen that so far with SRGE.
I-Glow, your screen shot could be from a prior date. Can you please provide a direct link to the information you posted?
Thank you.
I want there to be a complete buyout of SRGE (everything SRGE has). It doesn't have to be cash, I would be happy with shares in an established NYSE company.
I've been involved in more Grey stocks than I care to think about. It's not pretty on the Greys. SRGE stockholders are way better off if we get shares in another company and say goodbye to our SRGE shares.
I totally agree..I think SRGE has even been muzzled about talking about the dividend...I think SRGE does not want to say anything about anything until a deal is done!
(SRGE)_Complex Buyout Scenario Unfolding Behind The Scenes Predicts Sierra World Equity Review.
http://www.sierraworldequityreview.blogspot.com/2013/01/dear-john-letternot-from-southridge.html
Time will tell, I am very optimistic about a buyout!
No idea...we need MoMoRaptor to chime in. I do agree with what was posted on Sierra World Equity Review. It has been my position that the longer it takes, the more extensive (and exciting) the Agreement will be! Plus, any acquiring company has to finish their dd.
The acquiring NYSE company is doing their dd (without your help)...that's why it's taking some time and the reason we've had no communication from SRGE.....simple.
imo
It's coming.......it will take time, but Buyout is coming...
imo
None of what you wrote is correct. Sale of stock can be done without financial statements.
Two points...One, financial statements don't matter. If the gold is in the ground, the acquiring company will buy it. Two, the company is not currently suspended.
Sierra World Equity posted what I wrote early last week....the longer it takes for News...the Bigger the news may be!!!!!
Hey, I'm already invested. Just holding..and yes, hoping for great news.
If SRGE has a lot of gold, like many feel they do, the SEC slap-down isn't going to stop anyone from acquiring them.
tob999, I think it's interesting that such minor volume (basically nothing) occurred after 3 days of the market being closed and the continued assault on the management of SRGE on this board.
Longs are holding.....awaiting news. Hopefully, Buyout News!
g0nz0, I would prefer to have my PINK SOCKS blown off by Buyout News!
I'm hoping for a complete buyout of SRGE. Hoping for stock in an NYSE company in exchange for my SRGE shares.
At this point, it's a long way back to respectability from the greys and the SEC slap-down. I really don't want SRGE shares going forward. I want shares in an established company.
I hope Sierra World Equity is correct......and there is a buyout brewing!!!!
Sorry, Janice. You need to take another look at the SEC notice.
janice, that is only your conjecture. Information has been provided on this board showing that an agreement between KMEG & SRGE was executed.
I'll say it again, the SEC did not mention any specific PR in their suspension notice. For you to state that they did is wrong and misleading.
It has been well documented that SRGE did have an agreement with Kinross. And, furthermore, it has been well demonstrated that Kinross has numerous legal mine fields that they are now dealing with.
janice, the SEC did not mention any specific PR.
EarnestDD, have you been to Jalisco to check out the SRGE operation?
janice, can you be more specific? In which press releases do you believe SRGE "lied"?
Was there a PR about Davies when he was originally named CEO of SRGE?
(I'm too lazy to research this...lol)
MoMoRaptor, can you please answer the following questions about Michael Davies, the President & CEO of SRGE?
--If you have met him....How tall is he? 5'3"?? 6'7"?? Or somewhere in between? lol
--Is he an American?
--What companies did he work for before coming to SRGE?
--What University did he get his Masters degree from?
Thank you.
The wording is way too similar...not feeling too comfortable here.
Hate to admit this....but why doesn't it say what University Davies got his Masters from?
Thanks bigman! We will get news. We all want all parties on the same page this time when the news comes out.
Sierra is right...SRGE is quiet..No volume
Is SRGE "SUPER CLOSE"????
Southridge Enterprises (SRGE) Super Close To Big Announcement Predicts Sierra World Equity Review, The Quiet Before The Storm!........per Sierra World Equity Review
Again, you guys are missing the Big Picture on SRGE. No volume...in over an hour. This is in a holding pattern waiting for news.
I can tell you that whatever trade (in my case...BUYS) I have wanted to make has gone through fine since SRGE went grey.
It appears that if longs wanted to bail, they could have by now.
Well, we are just going to have to wait and see!
We need a PR..from the NYSE BIG BOY dealing with SRGE.
Please SRGE, don't issue any more PR's on your own.
Nobody sees the Big Picture from the trading the last few days....
The Big Picture is that volume is miniscule.
Nothing. Nada.
This bodes well for longs. No panic here.
Just holding shares and waiting for some MEGA NEWS !!!!!!!
Your post will make good reading after SRGE issues news.
Looking forward to the next few weeks!!!
Add some shares while you can....you'll be glad you did imo
Have a great weekend boys and girls!!