Wednesday, March 06, 2013 3:50:42 PM
Again, let me make that clear to you...
You can short a stock if the broker allows you to short it.
Go and find a BD that will actually allow you to short a penny stock. You'll be hard pressed to find one and even IF you did the amount of shares available to short are basically ZERO plus the margin requirements to short a penny stock are ridiculous.
AS of today there are 21K shares short. WOW! Hold down the fort! That amount of covering wouldn't even cause a blip in the price. LOLOLOL
There's no conspiracy here to destroy a company based on a short position. Again, it's one of the most absurd conspiracy theories that has been floating on the OTC for at least 15 years and not ONCE has anyone EVER proven that it exists.
The SEC can only put a 10 day trading halt ANY stock. That is there guidelines they must follow when suspending a company for SECURITIES FRAUD!
You won't hear anything from the SEC until the file civil charges.
I take it you've never followed a suspended stock before huh? You'd have a better understanding if you understood what the process is and how the SEC works.
They don't suspend because they want to ask questions. They suspend because they found something that proves SRGE did something wrong and they are now paying for it.
Go look at SAEI and you'll see the SAME THING as here....
You can short a stock if the broker allows you to short it.
Go and find a BD that will actually allow you to short a penny stock. You'll be hard pressed to find one and even IF you did the amount of shares available to short are basically ZERO plus the margin requirements to short a penny stock are ridiculous.
AS of today there are 21K shares short. WOW! Hold down the fort! That amount of covering wouldn't even cause a blip in the price. LOLOLOL
There's no conspiracy here to destroy a company based on a short position. Again, it's one of the most absurd conspiracy theories that has been floating on the OTC for at least 15 years and not ONCE has anyone EVER proven that it exists.
The SEC can only put a 10 day trading halt ANY stock. That is there guidelines they must follow when suspending a company for SECURITIES FRAUD!
You won't hear anything from the SEC until the file civil charges.
I take it you've never followed a suspended stock before huh? You'd have a better understanding if you understood what the process is and how the SEC works.
They don't suspend because they want to ask questions. They suspend because they found something that proves SRGE did something wrong and they are now paying for it.
Go look at SAEI and you'll see the SAME THING as here....

