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.19 is our next short term goal!!! Keep pushing baby.
Right you are. This day is just getting started and we are 49 Million shares into it already.
Right you are. This day is just getting started and we are 49 Million shares into it already.
.18 is next. We had a loner for .185 out there.
.18 is next. We had a loner for .185 out there.
.18 is next. We had a loner for .185 out there.
Don't question anything now. Remember, we are on REG SHO so shorting is very limited.
20 Million in less than 20 minutes.
We'se mowing these babies down!!!
Nice volume here. We are on a roll.
You are right. Someone uses news as a point to sell.
Better put your Spongebob orders in now for Christmas 2010. Even then you may be waiting till Easter!!!
Actually it depends where you look. At TD my watch list shows .17 at both the bid and the ask. My LII display shows .1666 bid and .1667 ask. I contacted TD and they said it is because they use different quoting agencies for both. Not sure you can rely on Bid and Ask till a couple minutes before the opening bell. Either way, let's hope for happy day in Spongeland.
True, but I think they prefer the sidelines on liquidity issues. But they have made some changes as of late. That part would be very interesting to see.
There is nothing forcing anyone to cover. The only thing that could force a cover would be a change to the underlying stock. Then we all have to add em up.
Yep, I think so. And any shorting is handcuffed thanks to the REG SHO. There is only one way to go although I think there will still be a few fights along the way.
A good way to keep posted is to go into your trading account and set alerts for .17, .18, 19, etc. Have the alerts go to your cell phone. You won't miss the action.
We still gotta drive this baby home. But things are looking good. It really feels great to hit a homerun.
That would certainly be alright with me!
Pretty cool! If you look, the number 2 stock, $CNOA was trading earlier in the year where $SPNG is trading at now. They saw a nice increase to .50. Our future I hope.
Kind of hard to say because technically we don't know when they happened so we can't determine bid and ask at the time of sale. Because they are recorded after hours and the price is closer to the Bid at that time they are classified as sells. But they are really not. That buy and sell stuff can be very misleading when it comes to Form T trades.
They are not after hour trades. They are trades that don't get posted until after hours. They are private transactions that get entered after the trading day is over.
Thanks for that SECFILINGS web site. That worked out real good last night when they released the 8-K.
You know Drew at the rate we're going we could be in the .17's today!
Bring it on!!!!!!!
I am looking forward to that too. Hopefully the whole week is like this.
Drew, We need that special hour to start with a bang!!!
Things are looking good for $SPNG. I think the whole week is gonna be a good one. I am figuring the boyz in NY got a few more good news PR's to go. Just a hunch.
Time for a little afternoon delight ... from spongetech that is
And NITE keeps getting knocked off the ask. This is an epic battle going on here. Love it!
Looks like .16 is next.
NITE has moved way off. Up at .16
Hammer Time!!!!!!!
Right on the money Z4. I think our day is here. This to me is actually the best news we have heard yet. I think our payday is coming.
Wow this legitimizes everything they have done. With Deloitte on board as their auditors you know Sponge is the real deal. Unless of course they get an adverse opinion which I doubt they will. Deloitte can can help get them to the big party as well. I have a feeling that Sponge is going through the motions resulting from the meeting with the Naz back in June. Part of the conditions were that they get their books audited by a legit accounting firm. Hopefully the other is that they get their share structure in order. This is good news!
On the bright side of things Drew ... its almost power hour.
A/S reduced from 2.75 billion to 900 Mil. Must be PANIC REDUCING.
Great news team! I guess that one theory about buying out the shorts kinds goes away.
LII looking real nice!
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