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Seems like we put the low in for the day. Hope it tests 15 soon..
Cash..Give some proof companies been flipping..
Over the last 3 months since i've been a shareholder. Many longs have revealed their holdings...
Believe me 100 million is consevitive...
Good morning...
I'm convinced this board alone owns over 100 million shares.
That's half the legal float...
The yahoo board owns at least the same if not more.....
Then add folks across the world who don't even read the boards...
Conclusion...1 billion+ naked is most likely a reality then not...
You have to cancel the whole order sell your 100 then put a new order in for the 900
Idea...
After the 10k is filed with said amount in float. We should all lay are cards on the table on share ownership.
I'll bet just the posters and readers on this board would come close or surpass legal float...
I'll start it off, but not till the 10k is filed
Z..either I'm the most skeptic man on this planet or you have the most gentle soul...
See..I look at these nay sayers as knowing the truth, but ignoring it so they can bash the company and convince people to sell..
For instance i'm not the smartest card in the deck, but even i understand the service RME provides. So if I understand it, in my mind, they do as well...
But you..you give them the benifeit of the doubt, {which I admire by the way} and say well...I just don't think they understand RME........................
LOL..........
BS...
It's amazing we can talk about these numbers for 2010 with such confidence
I've never seen a company like this. It's the perfect investment in every way..
And on top of all the fundementals which we all know about, we've been given a precious gift by the shorts, who've allowed us to by this gem in the penny area...
It's about as close to buying options at pennies per share while the PPS is trading in the $$$$.
But it's almost better then that...options expire...are cheap shares don't
Normal companies trade at an P.E of x on next years earnings..
Don't know if the company will give guidance in this area in our upcoming 10k...
BUT>>> if they do..I believe the company can safely give guidance of 30 to 40 million in earnings for 2010....
Depending on the share structure at the time which should be no more then 500 million, the PPS should rock...
Anyone know when the annual shareholder meeting is?
Glad you see the enormity of these relashionships...
Thats why we did 23 million in sales for july..
Name branding in the sports arenas, infomercials..ect...
No but hope your right...
Another notch in the NFL,,,
I freaken... love it
I know when they announce partnerships with these NFL teams it does nothing for the PPS...
But what your missing is the 100's of millions of fans globaly who wach these games and will see the spongetech logo...
This will turn into massive sales starting this fall...
Fast..this isn't the first time you've suggested selling your shares out of frustration...
Your playing right into the hands of the shorts who need your shares..
My suggestion is to wait until the 10k comes out then sell.
Or you may want to consider selling before the 10k comes out on the runup on expectations of a great 10k...
GL
Stox...
My friend, if you are correct regardind upcoming PR on abuses you will receive my vote for post of the year.
Would blow the whole cruddy machine out of the water
thus we should see the OS as per the numbers on AUG 28th... no 5\31\09 ..
ok that's the key. Share structure will be shown as of 8/28, not 5/31 which is the close of fiscal year..
Thanks to all
Z or any other long.
The 10k covers the period year ending 5/31/09.....
they did not announce the reduction in a/s and o/s until july, which is past the 10k deadline...
is it possible the 10k will only show the share structure as of may, 09?
In which it could be higher then the 500 million were expecting
Anthill....Sounds good to me..
OMGosh....Can you imagine 400 t0 500 in 2010. That's $10 pps without the squeeze....
If spongebob does what is projected we could get there easily
Wher do you gots live in PA...
I'm in bucks county..20 miles north oh philly
Yes Indeed. Started airing yesterday..
SDBob...good post....
I believe it will be the uplisting that will cause the covering...
Management has made it very clear an uplist will happen..
And IR says it will happen in this calander year of are Lord 2009
I'm with you happy....
Minipulation started at 9:30...
Doesn't matter as long as you have a 6 month+ horizon
If you don't it'll frustrate the hell out of you. Your better off selling, and sleeping well...
But you'll miss one of the gems that only hit the street occasionlly
The whole country watches the NFL. This will be hudge exposure, and we will continue to see more NFL teams to join SPNG partnerships.
What a story!!!
Jan..new report???Have a link?
I keep hearing about this upcomong short squeeze, and I believe there is a massive NS position. But my question is how can the company force them to cover?
There has to be some kind of event ie..buyout to force these illegal shorts to cover..
They can continue to short this stock for years unless the company forces their hand.
My question to longs is what avenues other then a buyout can the company utilize to force covering?
Even a wonderful 10k won't force covering..
any thoughts?
LOL sorry Z..didn't mean for it to come out so authoritative..
Bout 2 weeks ago this came up in my conversation with IR. I had thought that the 20 million mentioned at noble was total revenues for spongebob sponge for 1st year.
I was corrected by IR and was told that 20 million was viacoms 10% cut.
So I in turn suggested total revenue for spongebob would then have to be around 200 million, in which IR confirmed..
Look..will see what they will be. i know the'll be great..
In the noble conference it was stated viacom expected 20 million in revenue the 1st year..
It was confirmed to me by IR that the 20 million was the 10% cut viacom would receive, and the full revenue was predicted at 200 million..
I would like to know what your interpretation of a beast is.
SPNG revenues have skyrocked fro 68K in 07 to a projected revenue of 200+ million for 2010..
And that's with only a few products in the market place.
Their succeeding in branding their product globaly.
Management will reduce the O/S to 200 million or less.
I don't think of us as pumpers. Were just shareholders who are very excited about the future potential, which obviously you don't see..
Cheers...GLTA
What a finish...Days like this make us longs look like sophisticated investors...LOL...
Thanks Happy.
Should have kept my mouth shut. Refuse to lie when it comes to money...
If folks want to doubt that's ok.
Truth always prevails...
Yea..someone asked me yesterday were I got the info from.
I didn't answer due to the fact I was hoping it would be forgotten. Obviously it's not!
I won't devulge the company source that gave me this info, and I apologize to all longs for even posting it.
Should have kept it under my hat.
Got caught up in the moment
But nevertheless what I posted was fact...
If history repeats..there wll be a gap to fill sometime today
You've got a company who is on target for 250 million in revenues for 2010...
Roughly 50 million in earnings...
And trading as of today with a 76 million $ market cap.....
Can you say INSANE!!!!
Is that how you became a richSOB???
I'm in your camp also........
Company told me there have been an additional 500+ million shares illegally naked shorted since the dicon aquisition was announced
Fast...Don't tell me i've been had???...LOL....
Hmmm...Walmart will sell the product too cheaply. Well if that's the case I say keep the product out of walmarts hands.
Put the product in other large box retailers who are willing to play ball...
If spongebob sponge is as big as we think it will be, walmart will come to us and sell the product at a reasonable price
_bs_
I agree. What's happening is as the company continues to build the company, it becomes more and more obvious to the longs what we truly have here. A monster, millionare maker in the not to distant future..
So when you get these guys obviously being duplicit with their post's it's starting to become borerline ridiculous.
One last thing on the subject.....Once a bank president instructed each new teller hired to go home and study the 20 50 and 100$ bill. He insructed them to observe the smallest detail on each currency...
The reason why? So when they came across a counterfeit, it would stick out like a sore thumb...
That's how we should look at this company..Know everything there is to know from filings to pr's. Add a little common sence.
So when you see or read some of the garbage and deceit you'll see it for what it truley is, as _BS_ posted, and laugh at their futility..
LONGS...All you have to know is june 18 million in revenue
July 23.5 million in revenue....
Aug and moving forward revenues will continue to increase exponentialy...
Only a few products in the market place set to increase exponetialy..
In 40,000 doors set to increase exponentialy to over 100,000
Outstanding shares shrinking, and continuing to decrease exponetialy....
Massive short position will have to cover.....
Conclusion...Pay no attention to the meaningless BS the shorts are spewing..it's called desperation