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.
If you look at the car, you will see his name above the window:) Mike Wallace didn't have any sponsors in this race, I was watching qualifying and they were talking about it. Trust me, look at the window and you will see Mike Wallace.
The driver is Mike Wallace FYI.
sometimes i think, just my opinion, that they say stuff like 8k and dont file it so investors sell, as they are buying, plus if, and I repeat if, there is a NSS, they are playing them for fools and causing all this uncertainty to keep them selling fake shares as they are buying. You know, the company could be selling and buying at the same time, or doug to hold the price down and then frustrated longs sell. You never know, just speculation, but the words soon, and price drop go hand in hand.
i have to believe there is a reason outside of dilution with PR's showing reductions. Spongebob is going to be huge, new products are coming out, and sales are great so far, making entry into USA retailers and this company will be rocking and rolling IMO. I dont think this minipulation is going to much longer, we will see. I know I had heard that a certain group was trying to pick up around 300 million shares, and I think they are getting close, but you have to look at it like this.
What if certain people know the value of spng is 1.00 per share, why wouldn't they continue to buy as much as they can at the lowest price, heck, they might even try to cause uncertaintly to get others to sell so they can buy, just a thought. good luck, i'll keep holding.
fair enough. Hey who lives in NYC and going to take some pictures. It should be up. I am sure SOAPY will update the IHUB with some cool pic's of the 100ft banner.
What the "F". Is this company composed of the "G.E.D" crew?
I am embarrassed for Bill Young. How did he get hired? He needs someone to proof read his responses before he posts. That is a joke.
"the Company is not planning to file and 8K." to file "and" 8K...LOL what a joke.
"Also I response to most e mail" I response????
What a joke, did he graduate from high school.
Wow, that's all I can say, I would fire him right now!!!!!
I wish I had that much hair. I shave my head. This guy has to be on the boards. Cough it up. Maybe he's part of the sponge admin team.
anyone this guy? He does reviews of spongetech and has it on his recommendation list.
Carp, please. Do you see them as the same company you supposedly invested in? That is the question. Honestly, they look a heck of a lot stronger and more promising, and yet the stock price is lower, so its not that anyone is in a hurry so don't treat this like shareholders are in a hurry, they are tired of seeing the company they invest in slowly have shareholder value drop as the company rev's and profits are growing and more deals are being done.
If the company is small, as you see them... when you started investing in them, they would must have been MIRCO, how did you even find them, were you looking for stock with a microscope and stumbled upon them? The company they are now is nothing like they were 1 year ago. 5 million to 40 plus million? Some people would be happy to turn 5 million to 10 to 15 million, let alone 40 million PLUS.
Yet shareholder value has not increased with the growth and transformation. So, personally, I'd say, cut the shareholders a little bit of slack as their frustrations are warranted in my opinion.
No one likes to see their value diminish. Especially as the company shows strong signs of growth and a bright future, with the relationships formed with big names like Viacom and MGM.
All good news results in lower shareholder value; that is a joke.
whip, I hope you are right and if you are, I will buy you a beer:)... here's hoping you are right:)
vdrew, I agree. there is no need to gag the TA unless you are diluting and moving shares in and out and dont want anyone to know about it, if they wanted to expose the nss, they could have done this by now, I don't doubt there is some shorting, but something isn't adding up, but time will tell, i think they are legit, but I also think they are playing games too. JMO.
rgnoll, best post of the day, I am long but the entire NSS seems a bit off base, I would agree with you more than believe the 500 plus lol phantom. oh well, once the company is done making money this way, they will stop this and the stock will run, that's fine with me. I will just buy at these levels and when they are done playing games I will ride it up.
soapy, is this a FACT or what you think will happen.
Only if you are SPONGE WORTHY... oh snap, I am out of posts... good night.
I think its going to get really wild on Monday. Just a guess but too much positive news to keep holding this thing down. Too many bashers for there not to be a NSS. Too many sponges being sold that are going to clean the shorts.
I have never seen so many bashers on a penny stock.
I have never seen a stock where the company continues to reduce share count and the stock goes down with the reduction.
I have never seen so many big group of investors betting big on a loser OTC.
I will follow, the money, I will follow the growing rev's and profits and I will ride this wild stock until I get fair value, and we are not even close and everyone knows it.
Enjoy your weekend.
it's posted on yahoo now too... its out, soapy doesn't lie, does he? I wouldn't be surprisedd, doug's been saying he's been buying because he knows the stock is being manipulated by naked short sellers, that's nothing new...
Doug and group have 175 million shares of SPNG, why was that posted in the IHUB box then taken off?
yes, still trading low, sure seems like a bargain, I guess that's why Doug F owns 41 million shares. Another group filed appx 41 million shares. Seems that many people see value in the PPS.
So far this year they have made appx 3 million. Guidance shows they will make 7 million, not bad.
yes, making money, just posted today... and they are retiring shares... reinvesting profits to continue sales. things look good, how many shares you buying?
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 30-Nov-08 31-Aug-08 31-May-08 29-Feb-08
Total Revenue 12,342 5,545 4,072 1,218
Cost of Revenue 4,879 1,669 1,874 160
Gross Profit 7,463 3,876 2,198 1,057
Operating Expenses
Research Development 6 143 - -
Selling General and Administrative 4,593 2,624 1,147 854
Non Recurring - - - -
Others 33 33 4 4
Total Operating Expenses - - - -
Operating Income or Loss 2,830 1,076 1,048 199
Income from Continuing Operations
Total Other Income/Expenses Net - 0 - -
Earnings Before Interest And Taxes 2,830 1,076 1,048 199
Interest Expense - - 1 -
Income Before Tax 2,830 1,076 1,047 199
Income Tax Expense 509 - - -
Minority Interest - - - -
Net Income From Continuing Ops 2,321 1,076 1,047 199
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income 2,321 1,076 1,047 199
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares $2,321 $1,076 $1,047 $199
because they are making money? Making money is good last time I checked. Are you now pumping SPNG. LOL. Nice to see you pumping this stock and stating they must be making profits.
You have been turned... Finally... How many shares you buying?
doug posts under the yahoo name alfie, if you can find one of his posts, you can click on view messagees, and you will find that he posted something similiar to what you asked. If you want, just email him, his email address is, j926@aol.com
his name is Doug and is listed on the Form 13g, he's a nice guy I have talked to him several times.
dark lady posted a bunch of new products in testing, spongebob rolling out soon, I am sure that if SPNG put themselves on the market and opened their books to the potential buyers they could get good money, and fry the shorts too. if they are legit, just sell, maybe the buyer would let them continue to run the company, who knows... but don't negociate with the shorts IMO.
letting the shorts off easy, I would say NO. Sell the company and bury the shorts as some have suggested. for the right price, everything is for sale, if someone tells you different they are lying. everything has a price tag, not to mention if the buyer buys up a bunch of the NSS before he makes an offer... but since you posted speculation, I will do the same...
Carpe, if the Spongebob and friends ship in Feb, those will be a part of the q3 numbers... Tell me that won't be sweet.
must be NSS'ing. what else could it be. they are obviously manipulating the price, nothing new.
And yet people claim no NSS'ing... Pretty funny as the O/S goes down, so does the PPS, and there is no manipulation...LOL
Someone is going to get hurt and its not the longs!!!!!!!!!!!!
Keep up the games bashers and NSS's.. This game is getting close to over.
the value right now is .019... or there abouts, I wish it was higher.
z4lover, that might be the funniest post of the day, ttattle pump, LOL, he was callin' a 40 percent gain no big deal, but had we lost 40 percent today, I bet he would have said all the longs were just killed today with that huge 40 percent drop...LOL
drew, if you believe the rumors, you will get more than 10 cents and you will have no other choice.
Still waiting for "big player" and "you are going to love this"
I'd like to see the amount of investors up to 20,000. I hope they continue to promote their company and their product, that is a good thing. It takes money to make money.
I will probably mess this story up but you will get the point.
A business never wanted to advertise in an attempt to save money and eventually went out of busniess. They then paid a realtor to advertise to sell their place of business, funny how that worked out:) When you want to sell something, you need to advertise. Plain and simple...
Bashers can spin. Figures don't lie, but liars figure. Good rule of thumb. If you choose not to believe the PR of 780 million shares, spin how you like.
If you don't want to believe the Viacom is real and spongebob wont end up US retailers in Feb, don't invest. If you don't believe, don't invest. I choose to believe, I have used their products. I have heard them advertising, I have them seen them advertising and I believe audited results.
Good day!
Hey, SPNG has been paying to advertise their products, that should be a red flag, right bashers, who pays to advertise? CRAZY concept. Not every company is well known like apple, why wouldn't a company advertise their stock. Whether their stock or their products, it makes sense to advertise.
If I was the company and I knew there was a huge NSS position, I would pay advertise the stock as much as I could to get them deeper than pull the plug on them and make them pay... remember, the insider have a lot of shares, the more fake shares, the harder the squeeze. I think the shorts are getting played, that's opinon, only time will tell.
Fairly simple.
Yes, call him or email him. Here is part of the PR, SpongeTech®'s take on the lovable sea-dweller from Bikini Bottom will be available at mass market retail, drug, convenience, and specialty stores, online and e-tailers beginning third quarter 2009. So the time line is right in line with what they PR'd.
tturner, less than a month before Spongebob and friends hit US retailers. I can't wait til they ship. End of Story.
Carpe? How are you priv'd information to the plan? Do the people that give you all this information really want you posting about it?
Yeah, they have all the bases covd when it comes to the kids market, we need them to move forward on a Mens Shower Sponge, they could hook with with Axe Body wash or a Mens sponge with their own soap. Axe is a huge selling brand so who knows, maybe they could do both. A mens sponge would be nice IMO. I really don't care, I will buy the Spongebob sponge until a mens sponge comes out.
its going to take a big institutional investor to scare the shorts. Strong hands will defineatly scare those trying to prey on the weak. Nothings scared them so far. I would venture to say, if they don't cover before those Spongebob and Friends pop up in USA retailers, they are going to get SMOKED, because everyone and their brother who doesn't believe the company sells real products and those oversea companies are fake and spng is cooking their books, will see they ARE REAL, they ARE IN THE USA retail market and Spongebob is over 1 billion dollar retail and kids are going to go APE wild for these sponges. I don't care, once we see these products in Walmart and other big boy retailers.... GAME OVER, this is all my opinion of course:)_
tturner, I heard the same thing about institutional investors could be popping up as early as the opening bell tomorrow.
Also, Spongebob and friends are shipping out in Feb, and the commercial for these products is almost complete. We will see these in USA retailers wherever Spongebob items are currently being sold.
yes, they are closed.
You sure about that...LOL... market is closed... Last I read, the O/S is lower than last quarter, 780 million, and I am hearing that the company is going to continue to reduce RME shares as well as continue on the 25 million buyback of tradable... SPNG is an even stronger buy without the hype of a "mystery player" or a "short squeeze" all though if they happen, great, if not, the company share count is going down while Rev's and profits' are incresing big time...
Pretty easy investment choice here.