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L II looks real good. No gap. Bid and Ask are tight.
Good day ... Tuesday. Love this action.
Where have all the bashers gone.
Pretty solid response dude. You identify the gamble inherent in stock picking along with the potential for reward without bias. Truth is we need to be concerned but at the same time the signs are promising.
Management of this company seems to give a shit. We have to recognize that. Otherwise, why would they invest so much in advertising and product development. And the truth is, they stand to gain so much more financially if the stock does make it to the NAZ. But you do have to question the silence. That is a red flag as you so accurately pointed out.
I am on board with SPNG. I feel very optimistic about its prospects. But in the end, it is a roll of the dice. You are going all in without having the nuts. There is always risk.
Go SPNG.
What is the origin of the envelope? What is it supposed to mean? Who put it there?
They need another management PR that they have reduced O/S to make the big difference.
Obviously the market does not appreciate great sales numbers. Also, great sales numbers are just part of the picture. They are spending a lot in advertising right now. What is the effect on the bottom line. There is more to this than meets the eye I am sure. Sadly the market reacts negatively to positive news. I don't understand that at all. They also have to diversify their product line. Cool sponges are nice but they need some other products too.
All that said, sales are impressive. It would be nice to see a further reduction in O/S.
What are boardmarks?
And don't forget it doesn't include number from the HSM advertising!
This stock is a winner. Anyone who thinks otherwise is missing a great opportunity. Stay long on spng and you will be rewarded. Of course this is my opinion.
By the way, did any of notice ... we went GREEN!
I have a news theory. If you notice, we have not had any sales news now for two weeks. Just about the time they started accepting advance orders for SpongeBob sponges. News will come out with all the advanced orders as well as all the sales generated from normal advertising. Don't forget they said in their last PR "Management anticipates that the Company will report record revenues and booked orders for the month of May." I think we are going to get one helluva nice PR when it comes out in the near future. Maybe they wait to post May numbers all at once. I am up on this stock ... despite the daily dips in the PPS. Anyone short on this stock is missing an opportunity of a lifetime I believe.
I have another theory too. Spongetech will buy manufacturing capacity with their A/S. Of course these are all my opinions and you are complete morons if you act on my theories.
Ding Ding Ding ... We are off!
I think you are sitting on the same fence as most of us.
Was sitting at the Wynn in Las Vegas last week playing poker. And up on the overhead monitors they were playing various baseball games. I kept seeing Spongetech everywhere. Great visibility. I told a couple poker player what a great stock it was!
Good volume. NITE on the throttle once again.
Soapy what do you mean when you say gap closed?
I am thinking we will get another end of day rally.
Hmmmm. I didn't see the words Reverse Split anywhere is that release from MAY 7. Meantime the price is still increasing.
Me 2. This is my kinda dilution!!!!!!
OK, All together now ... Fly me to the Moon ...
Resistance is futile! We are going North!!!!!!
We are gonna make some dough today! Too bad for Crash and TT. They are not gonna join the party. GLTA
We are closing in on .04!
Busting through the .035's
Very healthy
Keeps bouncing off the highs. Funny there are still bashers in the house too. I love that.
Man! There are some big buys happening!
Thar she blows!!!!
This is the final dance with .02xx
.03!!!!!!!!!!!!!!!!!!!!!!!!!
.03!!!!!!!!!!!!!!!!!!!!!!!!!
Times are good. Green we are!
Good news once again!!!! Wait, doesn't that usually drive the PPS down?
Here we go!
Very nice volume. Prices are holding pretty well.
Volume seems to be picking up a bit. Price too.
I have Etrade .... shows 75mil and change
Actually its the other way around. You would be foolish to worry too much about dillution. Albeit the company has a Gazillion authorized shares, they have publicly stated that dilution is not their goal and have backed this up by reducing their Outstanding Shares. They have also advised that they would like to climb to the holy ground of the NASDAQ. These are competing objectives.
And ket us not forget they recently reduced their Outstanding shares and state this as a goal. One more enlightening fact, the company's stock has been recently bucking the S&P trend and moving up. When I went to college they taught me that this was a factor of Supply and Demand. Less supply, greater price. Greater supply (dilution) lower price.
Not sure dilution is an issue at this particular point in time. I would expect greater brilliance from a good Irish name like Sullivan.
Optimistic Theory:
Company is buying back shares. Wants them on the cheap. Has their market maker keeping the stock down through a number of orchestrated buys and sells.
Pessimistic Theory:
NSS's
Who really knows ... or cares. Just let the stock run up and we will all be happy!
What news about Walmart and Target?
Knight Equities is back on the throttle. Bark like a dog!