News Focus
News Focus
Followers 405
Posts 52651
Boards Moderated 2
Alias Born 06/20/2011

Re: tob999 post# 115450

Sunday, 01/06/2013 9:33:42 AM

Sunday, January 06, 2013 9:33:42 AM

Post# of 167996
That's the other attribute with suspended pinks...no matter what happens...stock price down, stock price bump, volume up, volume down, high volume, no volume, communication, no communication, financials, no financials, etc. etc. etc.

Everything can be rationalized as a good thing and "proof" all is well. Seen it sooooooo many times before...but all of it has yet to mean anything good.

A suspended pink is the worst place to be. There is NOTHING good about it. The only thing that matters is getting off the greys. What the business does is irrelevant...as counter intuitive as that sounds.

And getting off the greys...especially since the Microcap Fraud Working group has come into existence has proven impossible...so far. The best case is measured in years at this point if SRGE can "be the one".

And SRGE has a somewhat unique distinction of being a pink that was suspended all by itself in an SEC suspension order and it was done so in a uniquely quick fashion at a odd time of year in reference to recent events. The only common sense explanation is the SEC felt compelled to act quickly in this specific case (they are usually horrifically slow). That is not good by any measure.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y