Replies to post #145794 on Southridge Enterprises Inc (SRGE)

[I-Glow]

You are trying to do technical trading on a grey sheet stock. That makes no sense. What you need to look at is history - “Those who do not learn from history are doomed to repeat it”.

There just isn't any companies suspended for fraud by the SEC that survives and prospers. Someone posted the stats of 1100 companies that have been suspended in the last 2 years and it is the death penalty.

All trades are shown as buys - there is no MM - there is only about 10 to 15 trades each day. And you should be able to see that is just the SRGE guys trying to manipulate the PPS. Such as the $0.60 (500 shares!!!) trade at $0.0012.

Look at the chart!!! Before it went down to 0.0004 the MACD was showing upside trend but the price was holding down somehow, we still at the same situation here where the price is down but the MACD is uptrending!!!!!! Anyone can see that? We are sitting on 50-100 baggers in next 2-3 months!!

So you can look at the MACD all you want, but it is pointless on the greys.

IG

[BillEvans80]

It doesn't work that way on the Grey Market. Charts are irrelevant. There is too much manipulation on the upper end of teh graph. Just look at the last 1,200 stocks that were on the Grey Market. Not a single one is up. Yesterday it took less than $70 in manipulated trade to raise the price 20% on a single trade. If just one stuckholder (sic) sells at any time you could see .0005.

[g0nz0]

We have already explained this.

In the greys it all shows as buys which makes the MAC irrelevant.

What you should be focusing on is how the volume continues to drop. The number of trades drops. Look at how many REAL trades happen per day (right now maybe 1 out of 10 since most of it is just longs passing shares back and forth to make it still look alive. Something that's been done on EVERY grey sheet that traded but always fades out over time).

Also look at how the board marks are dropping daily... it's only a matter of time before it's gone.

[EarnestDD]

50-100 bagger? SRGE is trading on the Greys now with an SEC investigation looming.
The bags went over the fake CEO and CFO's heads already.
Charts on scams?
LMAO That is TOO Funny!!
What next?
oh wait ... fairy tale shorts???
jmo