Wednesday, January 16, 2013 10:12:02 PM
For the past two weeks I have posted lengthy Posts here and there on what to expect on SRGE once resuming trading on the Greys. I never once addressed anything about the actual Co (SRGE) as that is not for me to judge/promote or negate at this point. People want to know one thing and that is "What about their Money". I would urge you to click on my Profile and past Posts I have posted and read some of them from the past couple weeks since we were suspended and hopefully they will make some sense.
Tonight we are on the Greys as all knew would happen since the suspension was announced. Fact is Pennies do trade on the Greys while with no Bid/Ask. Some say trading Blindly. In essence it is but one can also watch the daily trading chart and get a "Feel" as to what they could sell at and buy in at. For instance today; most likely one would have been able to sell at 0015 and but in the 002 range.
For me, as I still hold my shares, I am holding out not for anything from the Company or that things are on the "Up and Up" but rather the mere fact that many Pennies I have been in over the years that were suspended did in fact rise "somewhat" after the initial resumption of trading and after the large "Hit" was taken on the first day as we saw Monday here with SRGE. There is a decent chance (not guaranteed) that the pps might uptick here somewhat to a little higher level than we are at which would allow one to sell with a few more Dollars than had they sold Monday or say today. There is also a risk that the pps may drop further but from those I have been in that were high momentum Plays prior to their suspension most ended up rising up a bit in the few weeks after the suspension. Not all but some.
Is it tough being in this situation? Yes! I can't say what to do nor will I but hopefully what I have posted can at least give you and some possible scenarios. Each person has to make their own choice as what to do here at this point.
Personally, I am holding for a bit yet not that I am expecting some stellar news from the Company but rather that the pps might uptick a bit and I might be able to recoup a bit more of my investment upon my sell had I done it Monday or today. That is just my personal choice.
I wish you the best and thanks for taking the time to Post your comment and situation. GLTU and all.
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