InvestorsHub Logo
Followers 6
Posts 438
Boards Moderated 0
Alias Born 09/02/2010

Re: None

Monday, 09/24/2012 1:53:42 AM

Monday, September 24, 2012 1:53:42 AM

Post# of 167964
Selloff¿¿??¿? Highly UNLIKELY!!!

First -The volume has been relatively low and the PPS keeps increasing substantially. I think the major shorters were burned over the last couple of weeks, and THEY are staying at an arm's length away.

Second - This price level most likely reflects a cautionary valuation of SRGE until the filings are posted with an up listing. Once verifications come from the SEC reporting, the full valuation will occur to at least $.20 as suggested by Mather's, and more if the filings support what has been PRed.

Third - I don't see anyone looking to fill the gap back in the 30s. It's been more than a few days now and the predictability of news occurring in short spontaneous bursts will prevent shorters from having the time necessary to cycle through their schemes.

IMO
Best to all.