Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hold on, let me dial into the SEC database and find the answer to your question.
Its been going on for a long time, but it increased during the high volume. The short position was added too.
Read the left side, see the cert #? Then notice the demomination. According to your theory, what would happen if someone who held 177M shares wanted to sell half? LOL!
http://www.investigatethesec.com/drupal-5.5/files/Spongetech%20Share%20Issuance.pdf
The crede and co are the airshares, and 1.8B as of June. Thanks.
Your trying to tell me, that there is a certificate for 177,232,500.00, and 50,000,000 shares? Just 1 #, for all those shares in all those different denominations. To funny.
is this a loaded question? How should i know. They keep buying when the OS is already owned. To funny.
yes, have seen that before, its very interseting.
Sure you can Jim, several ways actually, the whole t+3 deal allows enough time to shuffle shares around back and forth. Then of course we have the spongetech listing on the frankfurt exchange, which takes "time" to transfer shares over seas, and then of course you never know what games our brokers are playing with our shares to get around that little reporting problem. There are more ways too of course, maybe we can go over it tomorrow if i'm in the mood.
NSS is not a myth, its real, and its here.
Looking forward to the day MGMT decides they want to get it together and blow em out.
Highest volume on the frankfurt exchange in 3 months, interesting , as of now 5M, previous higher volume day was 6m on oct 22 2009.
Reminds me of the FTD's being included in the short interest report. I'm afraid you are not correct, the DTC is the private company that runs the loan share program, which creates the phantomshares/airshares. The Cede and Company Spongetech shares are the aireshares. Thanks.
Sorry
Just explained to me good friend Jimbo. Also, Finra is in bed with the naked shorts, infact its ran by some of the heads of the Market Makers that are responsible for the naked shorting in SPONGETECH.
Great stuff, I LOVE IT!!!! NAKED SHORTS TRAPPED,
Right, take a look at the dates. Thank you, Thank you.
Cede & CO= phantomshares/airshares/naked short position. Thank you, thank you very much.
http://www.investigatethesec.com/drupal-5.5/files/Spongetech%20Share%20Issuance.pdf
Explain this, how can they cover 1.8B naked short position when the float is offically owned, over-owned actually, without the price exploding. All the weak hands have puked, its just the strong left, who are not selling for much higher prices.
YA BABY, SHORTS LOSING IT ALL!!!
Indeed they did my good friend,
Cede & CO= phantomshares/airshares/naked short position. Thank you, thank you very much.
http://www.investigatethesec.com/drupal-5.5/files/Spongetech%20Share%20Issuance.pdf
Cede & CO= phantomshares/airshares/naked short position. Thank you, thank you very much.
http://www.investigatethesec.com/drupal-5.5/files/Spongetech%20Share%20Issuance.pdf
Et All,
Thank You,
Massive ROE
Payday
Thank you
MINGY
Right here my good friend,
http://www.investigatethesec.com/drupal-5.5/files/Spongetech%20Share%20Issuance.pdf
The CEDE & Co are the phantom/airshares/naked short position.
Take a read and then i'm sure you can agree about the naked shorting that is plaguing this stock.
EXACTLY!
SPNG did not hit REG Sho until over a month AFTER the the 550 Million dumpathon on June 12th.
See, the NSS existed before that, but it was a smaller position, and was easier to hide. The 550 Million dumpathon was triggered by shorty selling 50 Million airshares into the market and causing absolute panic. After that his postion was harder to hide, and that is why we got reg sho IMO.
Thanks, but i'm long and STRONG!!!!!!!!!!!!!
1.8B naked shorts in spongetech in June per the transfer agent list. For some to claim they are gone or were never here is silly. They are still here, and they are trapped. Then look at pike adding shares and shorty is no doubt sweating. The shorts are trapped, bottom line. YA BABY! I remember about 6 months ago, someone was on Level 2, with $1000 offer for shares. The smart money knew the shorts were trapped back then, nothings changed except this company has grown leaps and bounds and shorty is going to lose alot more money then had he puked back then.
YIPEEE, SHORTS LOSE IT ALLLL!!!!
Is this the new thing now, we go from spongetech being a total scam to now this crazy theory that the naked shorts don't exist. They existed back in june, 1.8B naked shorts actually, where did they all go? We know they didn't cover, so where did they go?
Very interesting thank you, look everywhere I go and havn't seen one. My friends and family tell me they see them out in the burbs quite often. I always do go out of my way to ask the manager if they carry spongetech, and then when they don't, I ask that they order some. Maybe I'll start printing out the product on the website and showing it to them. The CVS by me doesn't have spongetech, but the website does, so I"ll have to show him that. Maybe i'll take care of that tomorrow.
I’m sorry, but that is just false. There is a massive naked short position in this stock.. There are so many reasons that point to NSS I will briefly just name a few.
1. REG Sho
2. The fact current official ownership is 350M and the outstanding shares amount to just 200M based on simple mathematics which can be found at this website.
http://spngdd.com/category/dd/
There are just to many, and I really don’t care to get into it more, but I’ll give a 1 more piece of evidence. Back in April when SPNG came out and said they retired 40% of the outstanding shares, the stock actually got slammed. Its clear that it was nothing more than a flooding of the market with airshares to deter anyone buying in.
We shall see soon enough.
If it was up to me I would have blown the shorts out 6 months ago. They are doing there own thing behind the scenes, we just have to wait in the dark and be patient.
We could only hope MGMT is sick of being told whats going to happen next and of the constant attacks on the company and decides to get the ball rolling and destroy shorty. I know the longs are tired of it.
Thanks sounds great, please let me know if you hear anything about the MM business on the OTCBB and Pinks, as well if you hear any reaons cited why the head of the BD group, James Smyth, needed to be reasigned. I think those could be key for any up coming bombs they may be dropping in regards to possible massive losses thanks to illegal behavior in the BD/MM divison.
To bad we lost a good long whos been here a while. Anytime MGMT wants to drop the bomb I think the rest of us are ready.
Thanks, heard they are up that way at dominicks too, havn't seen any downtown.
where in chicago?
If earnings are less than expected they are going to smash this thing harder people think. The insiders will use this to mask their huge dumping, just as they did last time up in the 20's.
I think its about time they did get another rap video going, I always did enjoy that SPNG rap video. Of course that kid was probably responsible for putting the top in for SPNG. Don't think we sold at those levels since then.
Indeed fourkids, Watchout, bearish englufing pattern on Knight Capital. Not a good sign for this dog,
By Chip Brian, SmarTrend Analytics Team
SmarTrend's candlestick pattern scanner has detected a bearish engulfing pattern for shares of Knight Capital Group (NASDAQ:NITE) since the stock closed below $15.60.
Yesterday, this company traded 1,648,843 shares, versus the previous day's total volume of 1,370,683. Heavy volume increases the reliability of this bearish candlestick pattern.
SmarTrend issued a Downtrend alert on shares of Knight Capital Group on October 21, 2009 at $19.05 per share (18.2% return since that call). This bearish candle pattern may point to a continuation of the previously called Downtrend.
http://www.mysmartrend.com/ms/1476
Did you mean to respond to me? We'll whats your point? I said 10 times i did not create the website, that credit goes to fred.
Well I disagree with your statement and that is why i'm long, and continue to hold my shares. Thanks.
Not my site guys
Acknowledgements
Thank you to Mingy of iHub for independently confirming my reasoning. Thanks also go to to Lee, Commish, D, and The Sponge Father for reading early drafts of this analysis.
3 Comments | DD, Share Structure | Permalink
Posted by Fred
http://spngdd.com/category/dd/
Not my site guys
Acknowledgements
Thank you to Mingy of iHub for independently confirming my reasoning. Thanks also go to to Lee, Commish, D, and The Sponge Father for reading early drafts of this analysis.
3 Comments | DD, Share Structure | Permalink
Posted by Fred
http://spngdd.com/category/dd/
Its not my website dude, its freds. Notice he gives me some credit, but its all his work.
Our coming trading week holding realistic potential for official word regarding regaining the OTCBB quotation.
Stox, when is OTCBB coming? Sunday, December 13, 2009 7:04:20 PM
Our coming trading week holding great promise for a return to being OTCBB quoted. A flood of PR's and filings, etc. to follow. Market level soaring. Retail and institutional level monies flooding understandably in as the numbers prove up. As the big picture emerges in full.
Did we get OTCBB quote yet? Saturday, December 12, 2009 9:21:20 PM
A PR on the subject released in line with approval being granted. Formal notification, that is, to the referenced MM that an OTCBB quotation may be entered. SPNG returning to being OTCBB traded.
Yeah, when? Tuesday, November 17, 2009 8:16:12 PM
Back to being OTCBB quoted and all.
HUH? Monday, November 09, 2009 8:19:43 PM
I thought you said OTCBB quoted 16,15,14,13,12,11,10,9,8,7,6,5,4,3, and 2 weeks ago? LOL