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WAIT!! NO!! WHAT HAPPENED?@>@> THIS WAS GOING TO .13 AND BELOW?!?! I THOUGHT IT WAS TANKING....NO NO NO, I NEED THIS LOWER TO BUY UP MORE SHARES....WHAT HAPPENED TT AND PW? I THOUGHT THIS STOCK IS GOING TO TANK. I SURE NEED IT TO.
Greetings Longs, I think we should arrange a trip to see the Dicon facilities in the coming weeks. I am not going to focus alot of energy on it today, but depending on my sunday after noon, I am seriously going to start making plans to visit these facilities. Let me know if anyone is interested in joining me.
I mean, dude, I SWEAR TO GOF THAT I WISH THIS THING WOULD TANK SO HARD.
iM NOT EVEN GOING TO BEAT AROUND THE BUSH OR TRY AND TALK BAD ABOTU THIS...OBVIOUSLY MY INPUT ON IHUB DOESNT MAKE A DIFFERENCE,
I hope they crack thsi stock so hard, down to .05 I would be my dream.
I cant believe they cant even bring it back down to .13
Whats wrong shorty? Daddy getting upset?
Boy, I sure hope it ssells off. If I could buy more shares under .13. I think I would have the best weekend ever
It would be absolutely amazing to buy more SPNG for under .13 or .12
I sure hope this dude it right
It all just clicked for me. Haha, I knew that RME was self funding....Management owned...all this, all that, but I couldnt ever figure out how this plan was set up in their favor BUT IN A LEGAL WAY.
It all just clicked, yes, when they needed money to fund the company in 08, SPNG would sell restricted shares to RME, which the SEC actually approved and made them do it at a large discount (40% DISCOUNT) to make sure everything was on the up and up.
So by funding the company by selling shares to RME, they hold the power to buy back the shares for the same value, or what ever the small number is, .01, .02? I cant remember.
SO, WHAT JUST CLICKED FOR ME, IS WHEN THEY BUY BACK THESE SHARES FROM RME AND SLATE THEM, IT INCREASES THE VALUE OF ALL THE SHARE THEY LEGITIMATELY OWN.
OH MAN, THIS IS GENIUS, IM PUMPED, IT ALL JUST CLICKED FOR ME. HAHA, AND IVE BEEN LONG SINCE .04
Boy, These shorts have a good game HAHAHAH
The tricked me into selling about 1/8th of my holdings today....
HAHAHAHAH
but now we are green for the day, what a bunch of pathetic fools. this is so pathetic, I cant even take it, this is what out market systems have come too?
WOWO
The show is going to focus on SPNG. Email CNBC and ask, I already know. I have connections into CNBC. My friend is an intern in the "special-reports" department of CNBC. They have been working on highlighting Spongetech as one of the fastest growing corporate enterprises in the United States.
I dont know much, I was telling him about SPNG and he told me, "Thats insane, yea, because we are working on a documentary about the fastest growing companies in America, and Spongetech Delivery Systems in one of the main candidates."
They tricked me. I put in a sell order for 8000 shares around .131.... I figured if this was going to the floor, I might as well start unloading. HAHA, so these fooles snapped my order up so QUICK. i dont think there was even a second delay to look at my account, I hit the sell button and the shares were gone, It really tickled my insides to see how desperate the market markets are, Im sure how they wished I Would have sold 80,000 or 100,000 shares, HAHA,
I just wanted to test the water....if this was really going to keep falling through .13, they would have never snatched up 8000 of my shares so quick.
So then I tried to buy 10,000 shares back around .132, once I realized they had put a floor in at .13
Well Im sure I dont even have to tell you how that went....well they raised the ask on me so quick, i didnt even feel like playing the games, I mean I am sitting on over 400,000 shares that I bought between .135 and .145 last week. (I mean thats after trading the heck out of this, selling a few hundred-thousand at .16 the other week.
Honestly I am speechless on how stagnant this stock action has become. I dont have alot to say...Its obvious they are desperate to buy up shares....and they sure wouldnt sell me my 8000 shares back.
Obviously we are going to put in a VERY DEFINED hammer into the daily chart today, and Im just glad I didnt sell 50k or 80k of my shares near .13, only 8000 to test the waters, and I sure got a taste.
We all know if this was going to fall through .13, they wouldnt even have touched my 8000 shares. I put in the 8000 order as almost to mock them, like, "Here guys, since your so despreate, I can sapre 8000, but the other 422,300 shares ill keep and ride out the little storm you are creating"
Now, if they would not have bought my 8000 shares, I would have been worried, but we all see now where the trend is headed, and witch actual bid support.
Now, real buyers of this stock arent going to chase it higher, so this is just going to be one long endurance contest of them trying to get us to sell as many of our shares back.
If a hammer develops on the daily chart, I think we are golden.
How many mroe times can we trade back to .14? UNBELIEVABLE! What does it take to put in a floor.
DO you really think so?
I mean what is the straw tha breaks the camel's back? Its so obvious the price is BLATENTLY being held back for someone to buy up large amounts.
When they lower it too low, too many people try to buy it.
Although this churning is killing it
This is the most absurd and THE MOST HIGHLY ENTERTAINMENT claim I have heard yet.
Can you hear "Desperation...Desperation, des perrrraaationnn..."??
AhHA,To think that a major corporate conglomerate, a major transfer agent, or who ever else you are expecting to address these puny letters. Its is a Joke to think that it is their priority to claim these letters are not true?
Its all so frivolous that I cant even conjure up complete thought regaring the matter. The situation of these letters, are so old news and so far from mattering or EVEN BEING REAL, that its INSANE to think any of these entities involved would even life a fingre to bother with such worthless threats
Oh My, Someone should just write a book with this is all said and done, and title it....
"NITE, SALI, ABLE, AUTO: Their Epic Saga to Keep SPNG's value from Advancing"
HAHAH, Time and Time,
Now they are force to trap this into small ranges each day so that not as many people can day trade it.
All To obvious
EXACTLY, IVE ALREADY BEEN TAKING THIS HUGELY INTO ACCOUNT, AND ITS WHAT I TELLA LL THE NEW INVESTORS I BRING INTO SPNG.
WE ARE JUST WAITING ON A YEARLY STATEMENT TO BE FILED WITH A NEW CPA/AUDITOR.
once they release the 10K, the 10Q will be out in no time compared to the wait we have since the last 10Q.
The 10Q in October will have all these orders booked, and I am sure that with the Dicon aquisition, the back log will be knocked out like the weak little balloon of non-sense it is.
The back log is because the COMAPNY IS GROWING EXPONENTIALLY. GO LOOK AT EVERY COMPANY THAT EVER SUCCEEDED AND CAME FROM NOTHING. YOU THINK APPLE AND MICROSOFT DIDNT HAVE BACK LONGS WHEN THEY WERE GROWING, GET A CLUE PEOPLE.
BUT Z, You didnt hear what OA said? ALL US LONGS ARE SCREWED, THEY HAVE BEEN DILUTING.
MUHAHAHAHAH. IF THEY WERE DILUTING, THERE IS, 'WITH-OUT-A-DOUBT,' NO CHANCE THIS STOCK COULD EVEN HOLD .05
THIS STOCK HASNT TOUCHED .05 SINCE MAY.
NO, I think the fact that we are on the Reg SHO is just another mistake by the SEC.
Theres no reason why there should be fail-to-delivers on millions of shares, since the management is printing shares millions upon millions by the day, and just giving them away to people, right?
I heard Spongetech management has flooded the market with MILLIONS, Some would even say BILLIONS of new shares over the past month.
We are doomed, im sure we will be off the Reg SHO list by monday morning, when magement sells another 5,000,000 new shares into the market place.
Yes, i pretty upset about the fact that my account value increases dramatically almost every day that the market opens when I am holding SPNG.
Im also quite upset that I was able to sell for .16 Monday, buy back my 400,000 shares on tuesday for .14
I was then furious that they are going to be displayed on NFL practice jerseys, and I was even more upset when I was able to buy back another 65k shares for .139 on wednesday and thursday.
Then, friday morning, I was so upset that they booked 23 million in orders, and the STOCK GAPPED UP LIKE 1 CENT AND RALLIED ANOTHER 7%-10%. I WAS SO FURIOUS I ALMOST HAD A HEART ATTACK. THEN WHEN I TOOK PROFITS AND THE NSS WAS WILLING TO SELL ME BACK MY 350,000 OF THOSE SHARES FOR .148 LATER THAT DAY, I ALMOST CRIED BECAUSE I FELT SO FRUSTRATED
IM JUST SO UPSET ABOUT THIS SITUATION, I BARELY EVEN HAVE TIME TO POST/READ THIS SPNG BOARD ANY MORE. tHE CLINICAL DEPRESSION i AM SUFFERING FROM CAUSED BY INVESTING IN SPONGETECH HAS ALL BUT PARALYZED ME AND MY MENTAL ABILITY TO CARRY ON LIFE
Things have just become so horrible in SPNG land, at the end of this week, Im sure not if I will ever be able to recover from this catastrophe. Things sure are horrible, especially for those who were SMART ENOUGH to buy in below .04 and .02
I just cant believe things have turned out so horrible.
my friends life has taken such a turn for the worse after he bought his 1,000,000+ shares under .02, he is now going to be able to fulfill his dream of going to law school, and PAY CASH AT THAT...
I AM SO SCARED OF DILUTION, I THINK I WILL HAVE TO SELL EVERYTHING MONDAY MORNING, OH, I DOUBT I WILL BEABLE TO SLEEP TONIGHT OR TOMORROW, I SURE HOPE SPNG DOESNT LOSE ALL OF ITS VALUE BEFORE THE OPEN OF THE MARKET MONDAY. THE NAKED-SHORT SELLERS HAVE US BY THE BALLS, IM SURE THEY WILL HAVE NO PROBLEM DELIVERING ALL THOSE SHARES THAT HAVE BEEN FLAGGED BY THE SEC AND MADE PUBLIC KNOWLEDGE TO THE ENTIRE MARKET THAT THERE ARE MILLIONS OF SHARES THAN CANNOT EVEN BE ACCOUNTED FOR... SINCE THE SPONGTECH MAGEMENT IS FLOODING THE MARKET WITH MILLIONS UPON MILLIONS OF 'NEWLY PRINTED' SHARES.
MAN, MY LIFE STINKS MORE THAN EVERE SINCE I BECOME INVOLVED WITH SPONGTECH IN MAY 2009. I MIGHT JUST END IT ALL NOW. I HAVE NOTHING TO LIVE FOR IS WHAT MANY PEOPLE SEEM TO THINK? BECAUSE THE MANAGEMENT HAS IT OUT FOR SHAREHOLDERS AND IS PRETTY MUCH GOING TO "FINANCIALLY RAPE" US AT THE END OF THIS MONTH WHEN THEY REALEASE THE 10K AND WE SEE THAT THEY ARE OVER 3,000,000,000 SHARES OUTSTANDING. OHHH...I CANT BELIEVE WHAT IVE GOT MY SELF INTO....OH MY GOF
Life is great, I am going to be a rich man:)
I love you guys
If you look at my posts for the week, you will see that I have been right on calling the movement of SPNG....
I ABSOLUTELY HAVE THE SHORTS HAND'
Like I already said, I have made over $100,000 trading SPNG since May 2009, that does not include the 400,000 shares that I currently own, which I was able to purchase again today at .145 after selling a large part of my position at .163 today.
I mean this has to be comical for all who read the non-sense people post on the board about SPNG...
read my posts, you will see that each of the past two days I have absolutely NAILED the trading of SPNG...
We know the SHORTS are DESPERATE...and like I have elaborated...they are giving away free shares to keep the price down.
SO tomorrow, I have been brainstorming with my crew for the past hour about how we will trade tomorrow.
I believe we will open lower, at which point we will sell. while there will be another effort to bring this down to .14 At this point anything they can do to take away investors confidence is slightly more than they already have, but they are only continuing to throw away money. You will beable to buy around .142 again. it looked like today that the buying at .14 was UNBELIEVABLE and it is the level that 1000s of day traders now agree is the best entry point. Obviously if we lose the .14, this wont be as much fun...
Once again, anyone who pleases will beable to sell the shares at the open and rebuy them by 11AM for at least a half-cent lower.
If the stock gaps open, it will with out a doubt once again run to .165 and .168 where we will then test our resistance, where then you must decide for yourself if we are going to be smacked back, of if we push through.
Anyways, people, watch how accurate I am, and I suggest you trade around these shorts to show them that not only do we know what they are holding, we can also run circles around them...
ABSOLUTELY Z, The shorts not only wasted their money and dig a hole for themselves, but they are letting me sell @ .163 and buy at .145 TODAY, THIS IS UNBELIEVABLE...I CANT BELIEVE THEY ARE SO DESPERATE THEY ARE GOING TO GIVE ANY NEWBIE DAY TRADER A CHANCE TO TRADE THE OUT OF THEM
They are practically giving away money....HAHAH the most obvious part is the fact that it stayed at .141 for about 3/2 seconds, HAHAHA, I mean they looked stunned when the buying came in at .14 and no one was selling, and me and my boy were def buying after we SOLD INTO THE POWER AT OPEN like I TOLD THE BOARD YESTERDAY...
Go read my post yesterday about how it will open at .16 or .162 and be brought down all lunch time before the STRONG buying we see that the end of the day EVERYDAY!
I mean these guys are EXPOSED. NEWBIE TRADERS LIKE ME AND MY FRIEND ARE KILLING IT IN THIS VOLATILITY...!!!
I CAN MOST IDENTIFY THE ACTION TODAY AS A 'SQUIRM' ... WOULD ANYONE AGREE? THEY ARE SO SCREWED, THEY ARE GIVING AWAY SHARES BECAUSE I DONT THINK THE PEOPLE WHO ARE ACTUALLY CLICKING THE BUTTONS ARE THE ONES PAYING THE BILLS, BUT I THINK ALTOGETHER, A HUGE GROUP OF ARROGANT HEDGIES AND THEIR LACKEYS ARE GOING DOWN HARD. HARD I TELL YA! haha, NOW IM JUST ENTERTAINING MYSELF:)
OH, WHEN DID THIS 8K COME OUT??!!... IS THIS AUDITOR LEGIT?
I ACTUALLY SPENT AN HOUR ON THE PHONE TODAY WITH THE OTC TALKING SMACK ABOTU HOW THEY ARE MANIPULATING THE LEVEL II AND THAT IT WONT BE LONG BEFORE THEY ARE GOING TO HAVE TO ACCOUNT FOR EVERY PHANTOM SHARE Of SPNG THEY ALLOWED TO BE SOLD ON THEIR EXCHANGE.
ITS BS THAT PEOPLE CAN SELL SHARES FOR SOMETIMES AS MUCH AS 10% LOWER THAN THE BID/ASK. ITS ABSOLUTE ROBBERY OF AMERICAN INVESTORS, BUT AS LONG AS WE FIGHT, AND STAY STRONG, THEY MONEY COMING OUT WAY WILL MAKE US POWERFUL. BELIEVE THAT, AND THIS REASON MY FRIENDS, IS THE MAIN REASON THEY DONT WANT IT TO HAPPEN
Good Morning SPNGers, (I know Im not the most popular person on this board, but...)
We def have these shorts by the tail... The float keeps tightening and people just keep storing these shares away.
Like i have mentioned multiple times, I hold a care position of aprox 400k shares and my friends who started trading SPNG with me in May 2009, all have equivalent amounts, (3 friends)
So right there we have a million....
But then I have told you about how I have another 5-10 friends who have either never owned a stock or never buy pennies, all these people 5-10 people all hold more than 30k each...
ahah most of these people have jobs and dont even care what thappens, they said they will worry about it in months ot years....
SO THEN, MY OTHER FRIEND, WHO ONLY TRADES OPTIONS, WHO IS SKEPTICAL OF SPNG, WELL HIS DAD IS A BANKER AND HIS MOTHER DOESN'T DO ANYTHING, WELL....THIS IS THE BEST....
HE HAS BEEN TALLING HIS PARENTS ABOUT SPNG, AND HIS MOM HAS BEEN FOLLOWING IT ALL WEEK.
WELL APARENTLY WHEN SHE READ THE PRESS RELESAE YESTERDAY, SHE BOUGHT 900,000 SHARES OF SPNG....
THESE PEOPLE ARE ALREADY OBSCENELY RICH, AND HE SAID THAT HIS PARENTS SAID THEY BOUGHT SPNG AS A 3-5 YEAR INVESTMENT AND COULD CARE LESS WHAT IT DOES IN THE COMING MONTHS....
MAN THIS FLOAT IS GETTING TIGHT...LIFE IS GOOD IN SPNG LAND
I absolutely believe this. I will absolutely be selling into the open tomorrow and hopefully NET about 5k-10k FREEextraFREE shares when I buy them back.
Today was different, you could tell after the Regulation SHO Threshold List we wouldnt really we walked down since we had been pretty stable last weekn, like this morning I said I bought more shares at .1351...
But then it becamse obvious after .154 in the morning that the price was being inflated again, and I realized wha twas going on, when the shorts become really desperate they buy the shares up and then try and scrash the stock, like they did around 10:45 AM this morning,
I sold over 166k shares, although I was willing to sell my whole position of 400k+ @.155 They would only fill 156k before it dropped below .153 and even quicker through .15
I was then able to buy an extra 45k shares, I ended up buying 210k shares back around .143 and .145
I am not trying to brag, I am simply exposing these IDIOT short sellers who are insulting my intelligence when they sell into themselves and try to crack the price by pushing it higher to bring it down quicker.
I think they will def open this as high as .16 or .162 before ramming it down to .15 or even lower. .148 before once again, like the past 7 out of 8 trading days, we chrun all lunchtime and then become bought up significantly
Its a great ride, and like sumone mentioned, SPNG is a rolling ATM for anyone with have a brain and a day-trading margin account, NOT TO MENTION its probably one of the most lucrative investments a person could make in today's markets
No one has ever seen any proof that the A/S was increased to 2.5 billion...
Plain and simple, NO ONE HAS EVER SEEN PROOF THAT THE A/S IS 2.5 BILLIONS.
I WROTE A POST ABOUT IT YESTERDAY, I HAVE CALLED THE DELAWARE SOS, AND THE MARGIN OF ERROR OF A HUMAN AT A GOVERNMENT OFFICE IS BY FAR EXEEDES 30%
HAHAH
NO PROOF WHAT SOEVER, I AM SURE IN THE RETROSPECT OF THINGS, WE WILL FIND OUT THAT ITW AS A DIRTY LIE BY THE SHORTS THAT THE A/S WAS EVER INCREASED AGAIN
I JUST PICKED UP 19K MORE AT .1351
EVERYONE PUSH THIS THROUGH .136
hahah WE ARE DOING GREAT
Your argument holds no weight because if it were even SLIGHTLY true, there would be an abundant excess of share supply, which there obviously is not...because SPNG is now Regulation SHO Threshold List
If there was such massive dilution you are speaking of, there would be no reason that anyone would have failure to deliver notices of significant amounts of shares of SPNG. From what you are saying, there should be billion upon billions of new minted SPNG shares, being given away by management.....
HAHAHAHAH I doubt it would be very hard to deliver the shares if there have suddenly been billions of them CREATED AND SOLD on the open market!!!!!!!
YOUR ARGUMENT IS FRUITLESS, HENCE THE NEW APPEARANCE OF SPNG ON Regulation SHO Threshold List
yea < Im sure they are way ahead of you, not holding 5% or more in the same account. You know how easy it is to open up a new account? MULTIPLE ACCOUNTS , they arent filing the things you want because they arent just going to braodcast their positions to the world. I dont care if its the rules or not.
YOU AND I BOTH KNOW THAT THE SEC DOES NOTHING TO ENFORCE RULES, KEEP DREAMING,
I actually wouldnt doubt it, you know about the conspiracies that surround financial markets.
ALSO, we also know how retarded government officials. It could very easily be a typo or a manipulation in their computer to show that the A/S is aparently 2.5 billion as opposed to 2.05 billion.
Also, the government employ could be so stupid, that they would actually read 2.05 billion and say, "TWO POINT FIVE BILLION"
so many possibilities
When I called the delaware SOS, the girlw as so stupid, she said, "Its TWO POINT FIVE BILLION Authorized shares."
I said, "As of when?"
She said, "AS of June 24."
I said, "well what do your records say it was before then."
She said, "Sir, its been TWO POINT FIVE billion shares since they raised it from ONE POINT EIGHT billion"
I HUNG UP THE PHONE BECAUSE I REALIZE THAT IS THE STUPIDITY THAT TAKES PLCE IN GOVERNMENT OFFICES, she has no idea what she is talking about, simply reading some manipulated, erroneous data WHILE IM QUESTIONING MYSELF BECAUSE OF INTERNET RUMORS, WHAT A JOKE
hHAHAHA
As I was reading, I was skeptical about the SEC doing anything, Im sure the free markets will def show these fools the back door soon, haha, as I have a list of friends who have never owned stock, who have bought 20k 50k 100k shares as jokes. They have real jobs and cant follow the market. They dont even believe me when I tell them this is going to the moon, they are just down for the potential. Its just so nice to know I have numbers of friends and family with these shares tucked away, not even trading 20k and 50k lots like my self day in and day out.
So, Haha, def about the SEC, the last liNe sumS it up great, I can totally see the SEC coming in and pretending they did something as these shorts get squuezed. It sucks, the SEC is def under crazy pressure abotu these Naked Short selling, half the politicians and people at the SEC ADMIT it is a huge problem that destroys our markets, kills investors confidence, and STEALS AMERICAN'S MONEY. But they just dont know what to do about it, so they avoid it, but half of our congressmen and senators are more worried about our capital markets and Naked Short selling that they are about Obama's health care plan. (Obama who?, is my question)
every where you look Naked SHort selling is a MAJOR ISSUE, and its in the brink of being our nation's top agenda after war and health care. Its pathetic how the SEC moves so slow, and the DTCC refuses to cooperate. The one thing SPNG has going is that the NASDAQ is against the manipulation, and the NASDAQ wants the best companies to grow under their stock exchange.
I have been spending my whole week researching short squeezesm naked short selling, and all the related data and knowledge I can find on the subject, since after the SPNG showed up in the Reg SHO, we can all now FORMALLY speak about and recognize the presence of Short sales of shares that dont exist. They can go into all their mumble jumbo blah blah about how there is three days to get the shares and its really just a barrow transfer delay and blah blah market makers might have to do it some times....OH MY GOF, THEY ARE SELLING FAKE SHARES...UNBELIEVABLE. STAND UP PEOPLE, BE STRONG, FREE MAREKTS WILL PREVAIL AND SHOW THESE FOOLS THE EDGE OF A CLIFF SOON, OR SHOULD WE SAY THE OZONE LAYER?
After I get my SPONGE MONEY, Im dedicating mylife to taking down nake short selling and become a ANIT-NSS advocate and activist.
IM SO MFINGNGSDH PISSED RGHT NOW THAT SPNG IS ON THE REG SHO LIST...WE SHOULD HAVE ALREAYD HAVE ALL OUR MONEY, MY SPNG WOULD BE NORTH OF .30 AND I SHOULDNT BE ON THIS DAMN MESSAGE BOARD, BEUT BECAUSE OUR SEC IS SUCH A JOKE, WE, AS REATIL INVESTORS HAVE TO WORK TOGETHER THROUGH THESE MESSGAE BORADS TO DEFEAT THESE NAST, EVIL, PERVERTED, SCAM-ARTIST WHO FLOOD THE MARKET WITH FAKE SHARES AND TAKE AWAY VALUE.
I TRULY BELIEVE IN FREE MARKETS, BUT I AM AN IMPATIENCE MFER, AND IM GETTING SICK OF WAITING FOR MY MONEY AND NOW WE HAVE TO TRADE THESE TIGHT RANGES BECAUSE THEY WANT TO PREVENT AS MUCH PROFIT MAKING AS POSSIBLE. BAND TOGETHER PEOPLE, SPONGE-MONEY IS COMING
(and although if I sound like a trader, I am truly a long with lightening-quick fingers who would have never traded out of spng if the nss and crooked-market markerts wouldnt have crashed SPNG)
Come on guys, That is Doug Fruth's fund or something related to it. He is supposed to own way more, but 41million is def something....
I know, Im sure that is why SPNG is now on the SEC Regulation SHO Threshold List of securities that have high "faliure to deliver" rates...considering its so hard to accumulate SPNG shares since the management is printing them by the billion...
http://www.nasdaqtrader.com/trader.aspx?id=regshothreshold
if your theory was even close to being right, SPNG WOULD HAVE NEVER SHOWED UP IN THIS LIST. there would be unlimited shares on the market if it were really massive dilution....
Read between the lines, anyone ever hear of "logic"?
So what exactly does this mean that SPNG just appeared Regulation SHO Threshold List?
It did just appear right? Or has it been on the list all week?>
I personally am not really afraid of NSS because the free markets will take care of all, and show them the back door eventually...
But so whats up with the Regulation SHO Threshold List, this is for real, the SEC obviously created the list for a reason, and I find it very intriguing that SPNG is now on the radar...
so now they have publicly verified all this PPS-degradation has infact been naked short sales which are infact illegal????
OH YEA, IS THAT WHY NAKED SHORT SELLING IS ONE OF THE MOST MAJOR PROBLEMS PLAGUING OUR FREE markets today?
is that why NAKED SHORT SELLING is a HUGE TOPIC OF DISCUSSION for congress and senators around the nation. why the Securities and Exchange comission admits it happens all the time and its a huge problem that ruins investor's confidence and STEALS AMERICAN'S MONEY?
IS THAT WHY THERE ARE HUNDREDS OF ADVOCATES AGAINST NAKED SHORT SELLING, AND BUSINESS TV SUCH AS CNBC AND FOX BUSINESS CONSTANLY HAVE MAJOR PLAYERS IN THE FINANCIAL MARKETS ON THE SIR TO DISCUSS THE PROBLEM.
IS THAT WHY THE SECURITIES AND EXCHANGE COMMISSION, WHILE THEY COME UP WITH A LONG-TERM SOLUTION TO NAKED SHORT SALES, CREATED THE Regulation SHO Threshold List TO EXPOSE SECURITIES THAT HAVE A HIGH SUSPICION OF BEING NSS?
IS THAT WHY JIM CREAMER HAS POLITICIANS ON HIS SHOW REGULARLY TO DISCUSS THE PROBLEM PLAGUING MARKETS AND HOW THEY WILL FIX IN IN THE YEARS COMING.
AND FINALLY MY FRIENDS, I ASK YOU, IS THAT WHY SPNG SHOWED UP IN THE Regulation SHO Threshold List THIS WEEKEND?
IS THIS ALL SOME SICK COINCIDENCE. GIVE ME A BREAK, MY INTELLIGENCE BROUGHT ME THIS FAR, I DONT THINK IT TAKES MUCH THOUGHT WHEN YOU SEE SPNG ON A LIST CREATED BY OUR GOVERNMENT TO EXPOSE NAKED SHORT SELLING?!
HAHAHA GIVE ME A BREAK
NO, THIS IS ABSOLUTELY WRONG...and there no chance knowledge of the SPNG OR OTCBB market place exists with this poster because its just wrong, no idea how the market works.
EVERY SPNG TRADE IS INITIATED BY 'A BUY DECISION' OR 'A SELL DECISION'
If you are initiating a SPNG trade, and you want to sell your shares, you can either drop your shares on a BID, and they will be sold automatically, or you can decide to offer your shares for a higher price than people are bidding. If you initiated the sale for a PRICE LOWER OR EQUAL TO THE BID...YOU ARE A SELLER, AND IT WAS A SELL...but if you simply placed your shares up for sale, and YOUR ASK was hit by a bidder, then the trade IS A BUY, SOMEONE PAID MORE FOR YOUR SHARES THEY OTHER PEOPLE WERE OFFERING, SO THEY BOUGHT, IT IS A BUY...
just the opposite is true for if you want to buy SPNG shares. If you dont want to pay up, and you want to name your price for your SPNG shares, you BID a price, but in no way are you guranteed that you will buy the shares...if you actually do receieve shares through the transaction, you were 'SOLD' the shares by a SELLER, SOMEONE WHO THREW HIS SHARES INTO THE OPEN MARKET FOR WHATEVER SOMEONE WAS WILLING TO PAY. The SPNG trade went down as a sell because ULTIMATELY A SELLER SETTLED THE TRANSACTION.
NOW, in saying all of this, the post about the BUY trades out numbering the SELL trades is more legitimate that anyone would like to admit.
every trade consists as a buy AND sell, but the trade is classified as a "BUY" if the buyer was the one who paid the ASK and the trade is classified as a "SELL" if the seller was the one who let his shares go for the BID.
And in my earlier post, that is was I was elaborating on, how usually these market makers will continue to sell big lots into themselves after they have exhausted buyers in order to create the illusion that big selling is happening, but really, they are just selling themself shares taking penny losses in hopes of accumulating more shares....FROM LEGITIMATE SELLERS WHO MAY FOLLOW THEIR LEAD. (another thing that has barely hit the surface so far, is how the brokers like SCOTTRADE and other budget brokers probably sold their clients air shares, and untimately these budget brokers are just market makers amongst their own clients, trying to avoid actually purchasing the real securities on the open markeT...and many of these brokers are in for MILLIONS IN LOSSES if this stock keeps moving higher because of course its much easier to just make people think the SPNG shares are worthless and sell them back, settling the trade, making it a close call, but ULTIMATELY, not having to deliver hundreds of thousands of share that will be worth dollars and NOT CENTS...)
THERE ARE SO MANY FORCES AT WORK ON SPNG, ITS GOING TO BE AMAZING TO SEE THIS PLAY OUT, AND MAKE US RICH
SO there is a difference between buys and sells, they are not all just 'trades' there is SPECIFICALLY the settling end of the trade determines the classification of the trade. and yes, there were ultimately, WAY MORE BUYERS WHO PAID THE ASKING PRICE THAN SELLERS WHO LET THEIR SHARES GO FOR THE BIDDING PRICE. mainly, the majority of the "SELL" trades are the market makers and shorts who are just selling bidders shares to keep the price looking "LOW" but in all reality, you have to pay almost 3% more for the shares than what the bidders will pay you, WHICH SHOWS UNBELIEVABLE DEMAND
AMEN TO THAT! MAKING IT ALL POSSIBLE TO MAKE SO MUCH MONEY DAY IN AND DAY OUT, UNBELIEVABLE SOMEONE CRASHED THE STOCK, UNTIL THEN I WAS LONG, I WAS LONG AND STILL AM LONG, BUT WHEN YOU SEE SOMETHING AT .12 AND ITS HEADED SOUTH OF .10, WHO WOULDNT SELL AND RE-BUY?
ITS ALL GOING TO BLOW UP IN THE FACE OF THE MANIPULATORS, BUT UNTIL THEN, I WILL BE LONG AND I WILL CONSTANLY TAKE PROFITS AND REBUY.
THE MANIPULATORS, ALTHOUGH THEY ARE A THORN IN THE SIDE OF LONGS, THEY ARE SIMPLY GIVING AWAY SHARES FOR FRACTIONS OF THE VALUE. ITS AMAZING, NEVER DID MY LIFE EXPECT TO TAKE A DIRECTION, WHERE I HAVE STUMBLED ON THE GREATEST GROWTH, UP AND COMING COMPANY IN AMERICA, AND INSTEAD OF JUST MAKING 1000% PROFITS ONCE, AS A ONE TIME THING, IDIOTS HAVE DECIDED TO CONTINUE TO SELL SHARES OF THIS COMPANY AT A FRACTION ITS VALUE IN HOPES OF DESTROYING INVESTORS CONFIDENCE... I HAVE BEEN ABLE TO MAKE $1000S OF DOLLARS TRADING IN AND OUT OF SPNG SINCE MAY 2009.
I PERSONALLY HAVE THE CARD OF THE THE BROKERS/MARKET MAKERS...
#1(SELL) YOU CONSTANTLY SELL INTO THE OPEN, THEY ALWAYS OPEN IT HIGH TO PREVENT AN EXPLOSION OFF THE OPENING BELL, AND THEY ALSO SETTLE TRADES PREMARKET TO CUT BACK BUYING DEMAND. ALL YOU HAVE TO DO IS SELL INTO THE OPEN...
#2 (BUY) EVERY MORNING ABOUT AN HOUR AFTER THE MARKET OPENS, THERE IS A CHANCE TO BUY, ALL OF THE BROKERS BEGIN TO COME OFF THE BID, AND THE BID BECOMES DISGUSTING, LIKE SOMETIMES AS MUCH AS .0025, BUT USUALLY AROUND .0019 OR .0015 (I HOPE YOU CAN FOLLOW ME...USUALLY THEY WILL LET THE BID REALLY FALL, BUT THE ASK WILL CONTINUE TO STAY SOLID...USUALLY THE SAME BROKER(MARKET MAKER) WILL BE ON BOTH SIDES, AND SELL LARGE LOTS INTO HIMSELF, MAKING THE ILLUSION OF LARGE SELLING, BUT IN ALL REALITY IT IS JUST THEM SELLING INTO THEMSELVES, LOOKING FOR SHARES, BUT THEN THE BID WILL USUALLY CLOSE BACK INTO THE ASK...AND BIDDERS WILL USUALLY APPEAR UNTIL THE BID AND ASK RETURN TO WITHIN .0005 OR 0001 OF EACH...AND THE PRIES RISE...
SO LIKE I SAID, FOR LONGS, YOU WANT TO BUY WHEN YOU SEE THE BID SPREAD REALLY MOVE DOWN ON THE ASK, AND SEE THE LOTS COMING THROUGH....WAIT TIL THE BID IS AT LEAST .0019 (19/100) APART BEFORE YOU GO TO BUY...LIKE EXAMPLE, IF THE BID IS .1125 AND ASK IS .1144....LIKE WHEN THE MARKET MAKERS REALLY SPREAD THE BID AND DROP IT DOWN, HOPING SOME DESPERATE FOOL SELLS INTO THEM BECAUSE THEY THING THE BID IS LOWERING)IF YOU STEP RIGHT INFRONT OF THE BID WITH A BID .0001 HIGHER, YOU WILL USUALLY CATCH A LOT THEY ARE TRYING TO SELL INTO THEMSELVES.
I HAVE NO DOUBT THIS STOCK IS GOING TO CONTINUE TO MOVE UP, AND ITS GOING TO THE NASDAQ, BOTTOM LINE, THE NASDAQ IS FOR THE ELITE TECHNOLOGY, AND YOU WILL SEE SPONGETECH(R) NESTLED RIGHT UP ON THE BIG BOARD BY 2010.
well thats not the way it is, so join the party or sit on the sidelines and dont make money, OR go short SPNG, HAHAHAH, that'll be a good trade...
Its all so obvious that so many people have been burned by bad investment decisions, that they cant stand to see people make money on SPNG so easily, because its DEFINITELY pretty easy as long as you have the money to invest:)
ITS A JUNGLE OUT THERE BOYS, GOTTA LOVE IT!
I am sure very many people are very happy if they decided to pass on the chance to buy SPNG @ .0811 or around...
Never adverse to small explosions, but for sure, Ill be DRINKING THIS KOOL-AID FOR YEARS TO COME.
I've been trading for 5 years, I've never been able to make money SOOO EASILY
HAHAHHA....this is child's play. THE SHORTS ARE SO CAUGHT UP IN THEIR OWN GAME, THEY ARE HANDING ME MONEY HAND OVER FIST, AND I HOPE ALOT OF YOU ARE TAGGING ALONG. -_----->EVERY MORNING THIS WEEK, i HAVE BEEN ABLE TO SELL AT THE OPEN AND REBUY MORE SHARES THAN I SOLD FOR A LOWER PRICE BY 11AM.
EVERY DAY, THEY ARE SO DESPERATE TO HAVE ANYONE SELL INTO THEIR SELLING, THEY ARE GIVING AWAY SHARES TO ME, AND EVERY ONE ELSE INCLUDING MANAGEMENT, WHILE INSTEAD OF BEING MEN AND ADMITTING THEIR MISTKE, THEY DECIDED THEY TO MEET THEIR DEMISE, WHILE SHAREHOLDERS SURROUND THEM AND THE FLOAT SLOWLY DISAPPEARS.
Greetings fellow SPNG share holders...WHAT AN AMAZING WEEK.
I hope everyone has taken their position early on in the week. for those who were smart enough to sell around .12 two weeks ago and rebuy at .08, we'll ISNT LIFE GREAT?
MAN, I HOPE EVERY LONG, EITHER WAY IS RAISING THEIR GLASSES TO UNCLE NORMAN DURING THE 'HAPPY HOUR' PREMIER.
ALL WE HAVE TO DO IS SIT BACK AND WATCH AMERICA PUT MONEY IN OUR POCKET...
HAHA, THE ONLY ARGUMENT I HAVE FOR ALL THE PEOPLE WHO THINK SPNG IS NON-SENSE OR A BAD INVESTMENT.
CHECK OUT MY ACCOUNT BALANCE, +5000% ALL JUST INVESTING AND TRADING SPNG SINCE MAY...HAHAHHAHAHAHHAH. GREAT JOB ON ALL THE PEOPLE WHO DIDNT BUY!!!HAHAHAH
actually everything said concerning the volume is WRONG. the volume is not abundant, it is not stong like it use to be, there are obviously was less shares trading, and most of the shares that do trade are the market makers selling into themselves when the spread is disgusting, like .0015 or more of a spread. They just sell into themselves to try and find more shares(find a seller who thinks he sees major selling and should sell), but in all reality, if you want to buy the stock you must pay up. ANd if you own the stock, you can always sell it for the ask.
The volume is disappearing, and any person who owns SPNG is MAKING A KILLING. If you bought SPNG @ .18+ that doesnt make SPNG a bad stock, or SPONGETECH a bad company, it just makes that buyer a bad trader....
get with the program, I rarely even post here becuase I am making so much money I could care lesss now. This SPNG is just crowded with "clutter"
AND IH MY GOD, ARE YOU KIDDING ME ABOUT THE DISCLAIMER?!?! WE LIVE IN A DAY AND AGE WHERE THERE IS A DISCLAIMER ON EVERYTHING, ON YOUR MOVIES AND ON YOUR TELEVISION SHOWS, ON YOUR COFFEE AND ON YOUR PIZZA BOX. ABSURD LOGIC TO THINK THAT BECAUSE THE SEC IMPLEMENTED FORWARD LOOKING STATEMENTS 10 OR 15 YEARS AGO, THAT PRESS RELEASES HAVE NO CREDIBILITY...
MAKE A RICH BOY LAUGH....AS MY SPNG TICKS UP UP UP
You couldn't have the situation more wrong...
Must never make money....or have no idea how to trade SPNG.
Sell every morning and buy every lunch. Its worked every day this week, Im making more money then I ever imagined, EVER EVER IMAGINED.
Man buddy, you can say that about 29 more times
it is quite humorous how people adamantly deny the Naked Short position...its obvious there are naked short sellers in most all stocks, its one of the biggest most talked about problems in the markets, and to think it doesnt happen in the OTCBB on SPNG, get real, learn the economic warfare....its all too obvious what is going on
Maybe I lost a little credibility by claiming we wouldnt see it under .11 again, but I sure didnt stop making money on trading SPNG and having a LONG CORE POSITION, :)
Exactly, this is common logic...
We are going to be so paid, I just picked up 100k @ .1111 this morning after selling 300k @.125 yesterday....
This is such a travesty to the American investors that this PPS can be held back so much by manipulation....
its incredible these idiot shorts....Just like any smart trader....Masokwitz, JUST LIKE YOU AND I, know if the shorts are going to continue to sell shares to us for cheap, we might as well be buying them up, only increasing the bill they are going to have to pay. ITS LIKE A FREE LUNCH....
before we know it, so few REAL shares are going to exist, I was not so into the MOASS or short squeeze, but EVERY DAY BETTER NEWS COMES OUT AND THEY STILL SELL THE HECK OUT OF SPNG. AT SOME POINT, IF THEY ARE REALLY JUST GOING TO KEEP DIGGING THIS HOLE, THERE REALLY WILL BE A RIDICULOUS SQUEEZE. THIS IS UNBELIEVABLE....
THEY ARE ONLY DIGGIN THE HOLE DEEPER WHILE AT THE SAME TIME GIVING US AN OPPORTUNITY OF A LIFE TIME. FOOLS, ALL WE CAN DO IS LAUGH, JUST LIKE METTER AND MOSKOWITZ....LAUGHING ALL THE WAY TO THE BANK BY BUYING UP THESE SHARES FOR AROUND .10
THIS S
BULLS ARE STOMPING ALL OVER .125 LIKE WE OWN IT, LIKE ITS NTO EVEN AN ISSUE....
tHIS IS GOING TO BE A SNOWBALL AFFECT
THE MARKET DOESNT CARE ABOUT FORM 4S, HAHAHA
WE HAVE GAPPED AGAIN AND ARE OFF TO THE RACES, SLICED THROUGH .125 LIKE IT WAS NOTHING....
DOESNT LOOK LIKE INVESTORS ARE WORRIED ABOUT FORM 4S
LOOKS LIKE MOST ARE MORE WORRIED ABOUT MAKING MONEY THAN FORM4S
Ya know, Obviously, through process of deduction, there is no rule or reason why these officers cannot buy shares int he open market, because THEY OBVIOUSLY DID AND TOLD US ABOUT IT.
I am not an expert, but a very successful trader/investor at my age....and its quite simple to figure out that as long as these guys disclose their holdings to the public, there is no wrong doing.
So instead of being all sketch and long-winded with SEC filings, they just came out and told the ENTIRE WORLD that they own 18.2 million shares...
I dont think there can be more transparent disclosure than that...Filing with the SEC is the "below the radar" way to disclose the information, in a way that not all people would know immediately...
IF THEY JUST TOLD US THEY OWN 18.2 MILLION SHARES, WHY DO THEY NEED TO FILE IT WITH THE SEC? ITS ALREADY PUBLIC KNOWLEDGE!