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  4. Southridge Enterprises Inc. (SRGE) Message Board

The sells were often sells by the bashers. They we

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Post# of 9903
Posted On: 08/23/2013 1:38:40 PM
Posted By: Shazbat
Re: titot #714
The sells were often sells by the bashers. They were basically painting. Selling very few shares like just now 15000 is really not very many. It is not economically viable to sell such a small amount as the dealing costs are way higher than the value of the security. So why would anyone sell such a small amount of stock?

Admittedly I have seen some posts elsewhere where people held shares from around the time of the first run, pre suspension and gave up thinking nothing would happen and decided to maybe take the tax loss instead. Good luck to them. 

I'd guess none of us will be selling much at all. So, all we need is the news we are waiting for. 

I'm sure SRGE is very grateful to the bashers as well. They have saved SRGE a fortune, by being able to buy back their own shares at a much much lower price. It just means that the finances of SRGE will be that much more healthy going forward!


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