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Wednesday, January 16, 2013 10:57:08 PM
you can consider selling half your position- it will certainly sting to do that but it could be better than the alternative of it becoming stuck in an almost untradeable stock were you cant execute trades because everybody is looking to sell with no buyers showing up- each day after the halt the volume has gone down- nobody knows if SRGE will PR more or if they completely disappear- and if they offer more fluff PRs will anybody care or believe them?
SEC is not wrong when it comes to those they suspend- lots & lots of stocks should be suspended and they arent so if they got halted they did some very shady stuff and hoping them to turn this around may never ever happen.
Ive got 2 delisted stocks in my brokerage account essentially worthless from years ago and I wish I sold out for what little I could have gotten because its better than nothing..
GLTY
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