My personal opinion is stay out of this. With such a sharp volatility i expect the intervention of SEC but who knows. In fact, MKRS may even be unaware it was promoted although it's a small chance.

Great summary MortalMyth! I've been following the SRGE saga for a couple of months now since I couldn't resist noticing a stock rising so high up from nearly the triple zeros bottom. Out of all the saga about SRGE I have already shaped my own opinion which is far from positive and trusting. Still I must admit I have been enjoying the intrigue around SRGE more like a fiction fan, pressumingly unlike all those who got burned in the process. Keep up the good work.

I saw several large batches of short sales, somewhere between 6 and 8 million shares in the last couple of months in 2012. However, even such short volume, given the share price it was made at, equals no more than $70k so i don't think short sellers have such a significant stake in SRGE, given that regular volume is more than 10 times higher than the short one.

i am more skeptical than u though. i do penny stocks for several years and i know what promotions do to stock charts most of the time. the stock may rebound after a time at a lower bottom but with lower rate, i think but we'll see

Huge volume and a price crash just as I feared, although it came earlier than i expected, hope none of u are getting burned in this

USGT - don't think it will go up more. I just came across this article which almost reflects what I think about USGT stock or that it increased mostly due to the promo letters. In fact i managed to make some profits out of the hype but i got out earlier this week. Don't expect it to rise anymore in the short term given the current market cap but may load again at another bottom.

Waiting for ITNS to correct enough so I will enter again. Maybe a correction down near $.04 but it seems strong at present. ITNS holds the 50-MA for now.

Kim Kardashian dumped her BRAV shares again. Still it is a miracle BRAV got off a whole skin from the triple zeros

I believe it won't be long before PCFG provides us with another good opportunity. I expect another bounce around the 200-MA and a higher low. However if head and shoulders pattern forms, the decline may be more serious. Nevertheless, global gold prices will have their role in this stock as well and gold is getting more and more speculative these days with Europe's debt ordeals.

I hope I have deciphered your message correctly. I agree there were chances for the long side too, but they were rather short-lived and speculative.
The company has been the object of numerous stock promotions since it started trading in June which is another red flag.
There was a superb opportunity for the short side but unfortunately common investors cannot easily short a penny stock.

BEAC was promoted today but it seems no significant volume has been produced so far. Still even on small volume we get a surge but lets see what happens at the end of the session.
My personal opinion is that there will be another correction down close to the August support and then it will either plunge or provide us with another long opportunity depending on the conjuncture at that moment.

I think people are unloading the stock. These are mostly people who entered the stock on speculative basis due to the promotion on Friday.
TWWI may continue to feel some selling pressure in the next couple of days until speculators are unloading. After that I think we'll get back on track at the newly established support and then we'll see what happens.

I have checked a couple of brokers and none of them allowed shorting penny stocks under $3. That is what baffles me because it seems there is a lot of shorting going on with the pink sheets.
Can you tell a broker who allows shorting penny stocks?

Sorry for the confusion. This is the actual link I had in mind:
http://regsho.finra.org/regsho-April.html

This includes only ordinary short volume. Naked short selling cannot be detected by the statistics. If it could, many market makers would be in jail because it's illegal. As far as I know, it is not possible for the individual person to short stocks below $3 per share. Only investment funds or other financial institutions are allowed. But I am not completely sure.

For all of you who don't know where to look for short volume data here is the official FINRA website section with short sales statistics. Here you can check short sales for NYSE and NASDAQ. If you want to check short sales for OTC and Pink Sheets go to the ORF section pres ctrl+F and type the company's symbol. Divide the short volume with the total traded volume, then multiply by 100 and you will get the short sale percentage.

http://regsho.finra.org/FORFshvol20110413.txt

Why I can't find anything about this Oronoco enterprise I have a feeling that this might not be a trustworthy announcement. Has somebody found something about Oronoco? Please post if you find something because I'm getting concerned with this news.

A pice of due diligence just came out on pinkinvesting

http://www.pinkinvesting.com/article/view/Standard-Oil-Company-USA-Inc.-SOCU.PK-Gives-Birth-To-A-Fabrication

Is it really possible that SOCU lied about the deal You can't believe even in your shadow these days

Unfortunately I read some bad news about the Oronoco deal
http://www.pinkinvesting.com/article/view/0001-Stocks-AppTech-Corp.-APCX.PK-Digs-Out-A-False-Gem
It might turn out that its only smoke and mirrors

No one speaks of current events. This didn't happen yesterday; it happened years ago where the reason for the current silence of the company lies. The truth is no one can say what is going on with HTOG these days. Even the Exterra merger is only a rumor. so i smell too much risk here and will keep away from making the same mistake of buying this company

For all that is dear to you, stay away of DGMA it is a very skillfully disguised scam.

You can carefully read the 10-Q report, and review your statement. The article doesn't state that there was a reverse split at UPDV, neither does it say that the reverse split changed the ownership size of UPDV in HTOG.
As far as Mr. Kemal is concerned, the article bases it statement upon a forum post which by no means can be a credible resource. So whether Kemal has done harm to HTOG is a very arguable fact.

http://www.sec.gov/Archives/edgar/data/1075636/000129707708000095/htog63008.htm

Organization

Heartland Oil and Gas Corp. (the "Company") was incorporated in Nevada on July 9, 1998. Our principal business is exploration and development of oil and gas property in the United States. Through December 31, 2005, we were in the exploration stage and had not generated significant revenue from operations. We first sold natural gas in February 2006; therefore we are no longer an exploration stage company.

On April 19, 2007 there was a sale of a 52% interest in the Company’s common stock to Universal Property Development and Acquisition Corporation ("UPDV"). After adjusting the previous quarter’s issuance to UPDV for the July 25, 2007 1-for-10 reverse stock split and through subsequent transactions, UPDV’s interest has decreased to 16% as of June 30, 2008.

We have incurred recurring losses from operations and have accumulated a deficit of $88,921,317 since inception. At June 30, 2008, we had negative working capital. Since inception, we have funded operations through the issuance of capital stock and debt. We plan to continue raising additional funds through future equity or debt financing until we achieve profitable operations.

The litigation process was initiated somewhere in march 2010 so definitely its not 2008

I can't find a way to post you links to the promotion letters in my e-mail but here are some of the quotation excerpts from Dec 13 and 14th:
1. "Longview Communications Corp. has received two hundred fifty thousand dollars from a third party, Victor Romeo Holding Corp. for media and advertising services for Southridge Enterprises, Inc."
2. "Compensation: WFWS received a fee of forty five thousand dollars cash from a third party (Longview Communications Corp) for this SRGE advertisement. This compensation should be viewed as a potential conflict of interest."
3. "wallstreetshotteststocks has been compensated Fifteen thousand dollars by a noncontrolling third party, Longview Communications for the advertisement of Southridge Enterprise."
4. "Market Wrap Media, Inc. has been compensated $5,000 by a third party (Longview Communications Corp.) for 1 week of advertising service for SRGE."

Longview Communications Corp is the company behind Buzz Stocks

Guys, stay out of this company. It is a total criminal theatre.
I just came across an article stating SRGE is involved with the Russian and Mexican Mafia.
http://www.pinkinvesting.com/article/view/Southridge-Enterprises-Inc.-SRGE.PK-The-Former-Puppet-Of-A-Seasoned-Criminal

Link: http://www.pinkinvesting.com/article/view/Liberty-Energy-Corp.-LBYE.OB-Dubious-Ownership-Over-A-Bulgarian-Property

Liberty Energy Corp. (LBYE.OB) Dubious Ownership Over A Bulgarian Property

By Peter Hristov
Dec 14, 2010

LBYE chart.pngLiberty Energy Corp. (OTC:LBYE) has been one of the most actively promoted stock for the last couple of months. A whole legion of stock promoters has joined the fight to aggrandize LBYE stock performance. The compensation for the campaign has been varying between $4 thousand and $16 thousand either for a one-day advertisement or a whole-week one.

As a result the price pushed back and fort between its support and resistance levels, scoring several significant ups and downs in LYBE stock price. On the last trading session for example, LYBE stock depreciated by 5,66% and finished at $0.50, while trading volume reached 250 thousand shares.

Liberty Energy Corp. is an oil and gas company which is still in the exploration stage. LYBE currently has interests in properties in Bulgaria and Texas. In 2009 the company entered into a purchase agreement for the Bulgarian block A-Lovech for $400 thousand.

However, after checking with the appropriate Bulagrian authorities, it turns out that the entity which holds a permit to explore and prospect the A-Lovech block is a company named Direct Petroleum Exploration Inc., based in the USA.

Additionally, documents indicate that Daniel Martinez-Atkinson, CEO and the only employee of LBYE, doesn't figure in the management of Direct Petroleum. Further publications indicate that Direct Petroleum is solely authorized to develop the oil and gas property, so it seems that LYBE will need to issues some press releases to clarify this informational conflict.

In its official 10-K report LYBE states that it has more that $600 thousand in total assets, however, the largest part of the assets is comprised by its oil and gas properties, which are worth at $530 thousand. But based on the above mentioned facts, the company's ownership in these properties, especially the Bulgarian one, is not very clear.

In the end, it seems that LYBE has been relying only on stock promotions and meaningless announcements to produce the movement of its stock graph. Furthermore, there is a need that the company give out more details about its Bulgarian property and make a clear stand who the actual owner is.