Replies to post #113979 on Southridge Enterprises Inc (SRGE)

[Bernija1]

Yes you will be able to sell your shares but not if you pull your cert's.

[tbrays]

you might have to call your broker, but yes you can sell them when they move to the greys, at least thats my experience with suspendid stocks in the past.

[Nostradamus2012]

You have 2 choices:
1- you will be a millionare with buy out news
or
2-you will stick with those shares until the very last day of your life.

[rbtree]

When this opens Monday Jan 14, on the grey market, it will trade without a bid or ask. n order to sell, you will want to place a limit order, preferably using a round number of shares, as you will need to match with a buyer wanting to sell the same number at the same price.

Usually, the inital trades are all over the place, but soon stabilizes, often between 10 and 70% of where it last traded.

If there remain a lot of culties who are still believing in the stock, it could trade higher for a few hours, days even.

Typically, volatility and price will start a slow decline to eventual oblivion.

Suggest you watch the trade history for at least an hour after the stock opens before deciding where to place an offer. Or just put in a higher offer right off. If it doesn't fill, you can always drop your offer.

I really think you'll be able to exit at 20-60% of where this last traded.