Replies to post #71299 on Southridge Enterprises Inc (SRGE)

[Sooah]

Thanks for your reply Terry but please...no one fully understands this space so let's not state such. I will acknowledge that you know the space well, and trust me I know the space well too.

To continue our discussion here though, it does not matter if the failures on SRGE are coming from a short sale or a long sale. They are all one in the same at this point because the same air shares are being circulated since SRGE hit the cellar price of 0.0001 (maybe you can explain to the forum what "cellar" is). On this basis, delivery of shares upon purchase and clearance of monies have equal problems. This is the fun part of it all. ~.~

So, let's look at what a long sale is. I bought "air shares" of SRGE from NITE, held it and sold it for a profit to ETRF. The problem already starts because I bought air shares from NITE then sold the air shares to ETRF. My long sale is a result of another's naked short sale.

Let's look at what a regular short sale is. I borrow from ETRF shares of SRGE that don't exist. I come to the IHub forum and tell a bunch of lies hoping for the stock to tank and then I cover (or buy in) my position.

Let's look at what NSS is. I am an off-shore hedge fund who hired an MM like NITE to naked sell (short) billions of shares of unassuming pink issuers like SRGE. I don't borrow shares like the regular short guy(he is just a retail shrimp). I am the dude responsible for creating all these air shares on SRGE. I do this because I am betting on SRGE to go back to 0,0001 where there is no bid and I win--I mean, who frickin wins when the bid and ask are 0,0001. Crap, I am going to wait until someone comes in at 0,0002 on the bid then I am ensure I can make 100%, haha!!! I don't ever have to cover. I am a criminal.

Whether we have fails from long sales or short sales, the fact remains that there is a huge circulation of phantom shares created by the hedgies using NITE and NITE using its lackeys. At the end, it is the Hedge Funds that will be footing the bill for billions and billions of shares of long and short sale on SRGE.


But you know...I am crazy and imagining things so all should ignore me.

[giaiv22]

I like space.. It's so pretty at night with the billions of stars lighting up and even prettier when the explode. Kinda reminds me of the billions of NSS SRGE shares that are about to explode!

[I-Glow]

Terry, excellent insight into the "get shorty" posts on every scam stock. I believe the shorts posts is #3 on the how to spot a pump and dump:

3. BLAME IT ON THE SHORTS
If a stock promotion hasn't been successful then it must be the fault of the naysayers and the shorts. It couldn't possibly be that nobody was buying the story or that insiders were selling into the promotion. Comments in follow-up posts like, "We were battling with the shorts", are a sure sign that a pump and dump program was on. The battle was not with the shorts but with the insiders who were filling all the bids they could. After all, if the so-called shorts were willing to sell stock at lower prices, then why wouldn't they have hit bids prior to the promotion?

Furthermore, One tactic that many stock promoters use over and over again to explain why their stock promotions are followed by large stock price declines is to blame it on the short sellers. Unfortunately, FINRA abets these lies by publishing without adequate explanation data required by the SEC’s Regulation SHO. This data provides information on every share sold each day. Time and and time again I have seen stock promoters use this data to ‘show’ that the stock they are promoting is getting attacked by short sellers.

So the next time a stock promoter links to the FINRA Reg SHO short data to show that a stock dropped because of short sellers, you will know that they are lying. In fact, many times the large block sellers whose shares are sold in such a way to make them show up as ‘short sales’ in the FINRA data are the stock promoters or the people who pay for the stock promotion. So the promoters are not innocently wrong — they lie through their teeth even though they know better.

IG