Southridge Enterprises Inc (SRGE)

[pena]

more news out

Mid-Day Trend Analysis Report On The Most Active Stocks: (OTCQB: WNYN), (PINKSHEETS: SRGE)

Nov 05, 2012 (ACCESSWIRE-TNW via COMTEX) -- New York (November 5th, 2012) - Warp 9 Inc. (OTCQB: WNYN) is continuing to rally in mid-day trading today. After posting significant gains last week, WNYN is up more than 51% in mid-day trading today. The stock hit an all-time high of $0.19 today and has now gained more than 2660% in the last three trading sessions.
WNYN gains in trading today have come on significantly high volume. This indicates that the market sentiment is still bullish on the stock. The stock's MACD is also giving strong bullish signals. The gains are likely to continue in the next few trading sessions.

Find out how long WNYN could maintain its bullish momentum by getting the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=WNYN

Southridge Enterprises Inc. (PINKSHEETS: SRGE) is soaring in mid-day trading today, extending its gains from last week. The stock is currently up 57.50% to $0.0126 on volume of 63.26 million, which is more than 2 times the daily average volume of 27.94 million. SRGE has gained more than 108% in the last three trading sessions.

SRGE has broken through after trading sideways in the last few weeks. The stock has broken through $0.080 resistance level, which indicates that the market sentiment has turned bullish on the stock. The stock is also above its 50-day and 200-day moving averages, which further confirms the bullish trend. The stock's MACD has also crossed the signal line on the upside and is above the zero-line, which are strong bullish signals.

Southridge Enterprises Inc. announced today that Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash dividend of $0.00003 per common share, payable on November 22, 2012 to shareholders of record at the close of business November 15, 2012. The dividend represents a payout of just over 5% of the recently reported quarterly net income.

Find out how this announcement could benefit SRGE by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SRGE