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my tdameritrade is showing nothing for spnge on the streamer
Thank you for that!
wow it's tankin'
Yes I believe you are correct.
ouch! ya didn't check this morning. Well that sucks
Interactive Brokers now has 4,900,000 SPNG shares available for shorting. I haven't seen that many in a long time. This mean many shorts covered?
So nobody knows how the calendar days are supposed to be counted??? Nobody?? Nowhere is there any documentation that explains it? How about an Attorney? One specializing in this area would have to know.
Is it 15 calendar days or 15 business days? if it's business days then 15 days, Sept. 2 being day 1, would be Sept. 22. If you don't count Labor day, then 15 days would be Sept. 23.
So Calendar Days or Business days??
So the 10k is due at 5:30? 1 1/2 hrs. after the market closes??
well I'm just saying only a few months ago the pps was .006, and in a few short months it's at .12. how much higher can it go and stay there? .006 to .12 is HUGE. I think it's worth more, but not .75 or 1.00 like people have it in there heads. It will be worth more in another few months or so.
If the 10k has what we already know to be facts, If it shows everything that they have pr'd about to be true...I don't know if that's enough. It might still tank. Because so many people have all these FANTASIES about buyouts and mergers, and some huge profits coming from left field, and a reduction of the o/s to 200,000,000 because of buyback program. and on and on. I'm long spng but I'm afraid people are not being realistic. either way I'm in win or lose. I wont try to sell if it starts tanking. I AM LONG!
ESPN article on SPNG is very good
Why announce the r/s 2 weeks early? They knew the pps would take a major hit. Maybe they wanted to take the hit, get it over with, then release the 10k knowing that the price will recover, and then the r/s happens which is already built into the pps. any thoughts?
Bottom line: What is the key thing(s) that longs will be looking for in the 10k that could potentially send the pps upward? If it only contains the info that we already know to be fact, will that send the pps down - in your opinion? Thanks
I hate to be one of those jumping on the short squeeze wagon, but maybe they worded it that way so the shorts won't cover right now, and catch them with there pants down. But you see I'm grimacing just saying all that because I just don't buy into this whole idea that SPNG mngt is so focused on nailing the shorts that they are playng this like a frickin chess game. MNGT is focused on promoting & selling spng products. And expanding those areas to the fullest extent. That's it.
A Reverse Split doesn't have any effect on Authorized shares! "Hello, McFly.... are you in there?" You can only split Outstanding shares. Investopedia.com's Definition of a reverse stock split:
What Does Reverse Stock Split Mean?
A reduction in the number of a corporation's shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same.
Good point.
There can't be. the current A/S is 900,000,000, at least until 9/22. The O/S cannot be more than the A/S. So people saying there are billions of O/S are just ignorant or bashing.
So this means that the current O/S is really, really low.
No, I did not see it go through. But that is the only logical explanation isn't it? Who would knowingly pay that high just to immediately be in the red??
Thanks. So why does the 8k say that the reduction will take place when the r/s does on the 22nd? How can it have already happened when they state in the 8k that it WILL happen on the 22nd? thanks :)
Delaware says it is because documents were filed with them. So that is what they are reporting. But The 8k, which trumps everything, clearly states that the reduction will take effect on 9/22 with the reverse split. So it has not taken effect yet.
I'm long on SPNG, but I can't argue with your post.
The buy volume has caught up with the sell volume now!
SOAPY: How do I check the SOS myself?? thanks!
The Shorts/MM are frickin' scrambling right now!!!!!!!!
SOAPY, sorry if you've had this question a zillion times... what's your opinion on when the 10k will be released? thanks
fat finger trade
question: 10k still has not been released???
QUESTION: is it possible that the 10k doesn't get released today???? Thanks
lol, funny but true. I have about $3,000 in cash in my account. Should I try to load up more Spng?
Really, Cake? Wow that's a big jump. If you think .20 is cake why wouldn't you jump in?
Ogclip, What's your take on SPNG now????????????????????????
Just my thoughts on Shorts... I am long spng and have been since I got in at .025 ( boy, I wish I would have bought twice as many shares back then!).
Now This whole "short thing" is killin' me folks. Personally, I can't imagine anyone with half a brain shorting spng anywhere from .006 to .16. Not even a Newbie! People, there are just too many other stocks that are better for shorting. Why would MM's and other investors Short/NSS/Air Share spng to ...what's the current speculative concensus... 1 billion?? C'mon, I'm no Warren Buffet, I'm not even a really good investor, yet.... but 1 billion nss Shares....I just don't believe it.
Anyway, thanks for letting me put my .025 cents in. Go SPNG!!
ok, thanks
Can you post the link to that message? thanks.
Yes they can. Canadian and european brokerages let you sell pinks short.
True, I guess if I got in that late I'd be cranky too. I was lucky enough to get in at .02 so I'm not too cranky lol.
What's wrong with the share price??????? It came from .006 to .14 in such a short time. SPNG is doing better than fantastic and you're saying it's weak. lol you are pure comedy man.
Where do you guys find these stocks that explode? Is there a stock screener I should be using????