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.
NO I'M NOT!!!!
Aggregate reported share volume of executed
short sale trades during regular trading hours
http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf
Those the the short sales in spongetech per day.
How about a sticky for this WP? Based of FINRA DATA
Short Volume Findings:
Okay, I have Oct 19-today all in a spread sheet now, my eyes hurt. I imported that into my charting software, and am looking at it several different ways. Total volume, Short volume, then a ratio of short/total. I think the thing that stands out the most, would have to be yesterdays trade.
A total of 19M shorted, which is the second highest amount of shorting since we resumed trading. However, there were 5 days that best the Total amount of volume that traded yesterday. Looks like someone wanted to buy yesterday, and someone had to short quite a large amount to keep the price from rising.
Also, we haven’t had a day where the ratio of shorting to volume is greater than 70%, however several days where it was just below that. Seems like shorty could watch that very closely, as breaching it might raise some red flags to the regs.
Most interesting!!!!!!!!!!!!!!!!
I’m seeing that of the 4 months we’ve been trading, the amount of days in which the ratio of (short volume / total volume) got above 50 percent, total 13 days.
Of the 13 Days
Oct19-Jan 6 (55 trading days): Only 2 times.
Jan 7- Feb 19 (30 trading days): 11 TIMES!!!
Two highest months
4 days in Jan where the ratio traded above 50%
7 days in Feb, and we still have another week of trading!!!!
So it looks like shorty is having to short more and more to keep the price from rising, which is exactly what some people have been saying.
So basically by the SEC and FINRA ignoring the problem which is obvious, they’ve allowed Mr Shorty to add to his position, making the eventual blow up, that much worse
WOW.
http://regsho.finra.org/regsho-February.html
Nice work, thank you for this. Here, I put them in a spread sheet, maybe this can save you some time. Just copy and paste into excel. Wait, after I posted this I noticed it goes back futher then just feb. I'll try to post that later, unless you've already finished it.
Date
2/19/2010
2/18/2010
2/17/2010
2/16/2010
2/12/2010
2/11/2010
2/10/2010
2/9/2010
2/8/2010
2/5/2010
2/4/2010
2/3/2010
2/2/2010
2/1/2010
Shorted,
6164938
19021839
2959843
3486002
5678823
1040191
999078
2458979
4351810
5320058
1922502
5923930
2776305
3166003
Total Volume
10983379
30285321
4925827
8769153
8535744
6239489
6884041
5265243
6639600
7821400
6904647
11050844
7538853
10600440
http://regsho.finra.org/regsho-February.html
Funmoney:
The FTD data over time for SPNG can be found at this website, you can also go to raw data vs the chart if you wish to export.
http://failstodeliver.com/Default.aspx
Reginoo, I heard the hedge funds who are naked short spongetech, had some problems with putting funds on the ATM cards, so the A and B team left. Whats left is the C team.
Is this true, is shorty having finance problems?
I'm Mingy, nice to meet you.
If your theory was in fact true, then I would imagine every hedge fund, every year, would have to liquate every single asset, to calculate returns/profits? Only then would they be able to figure out bonuses, correct?
So if a hedge fund that managed 1 Million dollars, invested in 1 stock, the stock doubled, but they didn't sell anything, then the hedge fund manager wouldn't get his 20% at year end????? Interesting.
LOL!!!!
The evil naked shorts can't officially book a profit on their naked shorts until they cover. So your claims below just got wacked out.
There are a million ways, but I’ll go off the one I used before superbowl. Say SM decides he wants to give all shareholders in spongetech a video dividend, so each share of SPNG is entitled to 1 DVD copy of the girls from the “secret SPNG video”, testing spongebob out in the tub. Each DVD is autographed, and given a individual number, because SM knows how much the NSS likes to counterfeit. The naked shorts couldn’t deliver a billion unique autographed copies, so they would be forced to cover the counterfeit illegal shares they sold into the market.
Follow?
the SEC suspended trading because they found out that in reality SPNG was no where close to this $25 million / month figure
I have a hard time believing anyone who claims they submit a market order and it takes days to fill. Give me a break. Working a buy order at .026, 1 tick above the absolute love of the range in a market ran by corrupt market makers, yea, I see how that won’t get filled. But you got any stories of market orders not being filled? And what does this have to do with what the topic of conversation was?
Gee Martin, what does it tell you when they are all trades above .025? It tells you that they are buys. The MM's fill them just below 3 to try to mask that someone is interested in buying millions. If that was someone dumping, they would have been filled at .02.
And yes guys, the NSS hedge funds are in cahoots with the MM.
Every once in a while, i'll sell a 100 shares, only to buy them back 20 seconds later, just to see what the market is. Where the MM's are filing orders, what the real market is I should say. I'm always filled at the low of the range, and then back at the high of the range.
When its a small amount MM's don't care, but when its millions of shares, they want to mask the fact that those are buys by not filling them at .03.
There are infinite amounts of shares offered at .03, if someone wanted to buy 200M shares tomorrow, we still won't get above 3 cents. The NSS crime is going to continue until the 10k is out, and all the wrong doers are exposed.
And like I said before. Shorty isn’t trying to cover shares at this point, hes toast. If he could cover 100M shares, it wouldn’t matter, hes short billions and going bust. He can’t buy without the price rising, because hes the one selling 3’s keeping a lid on this. Its simple.
He continues to NSS so he can keep the SPNG naked short on the books as a profit, pay himself bonuses, and continue to be big shot hedge fund manager. If you were going to lose it all and some, would you do it any differently? The game will end eventually.
Right, Okay, I remember this a while back. So right, I was provided with the information you posted, I did appreciate that, but then it came down to my understanding that they do not need to file anything while on the greys.
Okay, now I appreciate the links and evidence supporting filing, however that debate was never really finished before. As you show, I last said "It is my understanding that while we are on the greys, since we are not traded on an exchange, but rather traded among broker dealers, we do not have to file."
Now, I can not find anything saying that this is true, nor false, however it was what I was told from someone who’s judgment I trust, and the logic makes sense to me. I have also found several companies who’ve been trading on the gerys for years, without any financials. I also have not been able to find any rule, where after a set period of time of no filing, a company is revoked. Seems like a pretty grey area. Futhermore, if a company is making 30 million a month in sales, why would they revoke?
While I appreciate you telling me my understanding is not correct, I ask if you could provide some sort of link, or evidence to refute what I believe to be the case.
Frank
gee, well, hmmm. We were doing 25M a month in sales back in summer. We didn't have Spongebob, dora, pink panther. We didn't have Sears, Walmart, or several other big retailers. So I imagine our sales increased say, 20% from summer, based off that information.
You either think the company is legit, and read their PR’s, and use their financial statements, or you don’t. I do, and that is why I'm long.
You could always wait till the 10k comes out to buy though, have fun racing everyone else for shares, which includes the Shorty looking to cover his illegal naked shorts.
The company knows the real count i'm sure. When the company does file its 10k, it will show all the numbers were legit as far as sales, and show a huge reduction in outstanding shares, seem freds link.
When the NSS numbers are made public, it will prove the naked shorting hedge funds broke the law, naked shorting is illegal. They use the market making exemption and foreign trading exchanges to hide their naked shorts. At that point, they will be forced to cover their naked shorts. They will lose billions, it will be a truly great transfer of wealth. From the criminal naked shorting enterprise, to the company and its loyal shareholders.
The day we see the 10k, is the day justice is served to the criminals.
Freds OS DD.
http://spngdd.com/2010/01/19/estimate-outstanding-shares-float/
SPNG registration gets revoked by the SEC for SPNG's failure to file financials with the SEC?
Its extremely simple. The naked shorts are short billions of shares, and they continue to add to their position. They couldn’t cover enough shares even if they tried without making the price rise to the point where they go bankrupt. So right now, what they are doing is just continuing to add to their naked short position, by offering infinite amount of shares at 3 cents. Shorty knows hes going bankrupt, so adding to the position means nothing to him, who hes hurting is the clearing firms, market makers, and broker dealers who are going to be on the hook for shorty going rouge.
By adding to the position and keeping the price from rising, he buys himself time. I’m sure he got his 09 Bonus, and continues to get a salary. No doubt hes also trying to hide money too. (I must add, the lower he pushes SPNG, the higher his paper profit is, and the bigger his bonus"
The fact the Government is allowing shorty to continue his game is shocking, and I will do my best to call attention to the governments corruption when more players go bankrupt because the Government allowed the problem to grow.
We know, and shorty knows, when the 10k comes out, its game over for him. Until then, hes going to enjoy for as long as he can, the life of a big shot hedge fund manager, driving around a Lambo with the license plate, “2BIG2SQEZE”, attending high tea at the club, exotic vacations, ect...
Boy, after what I’ve been through with this stock Spongetech. The manipulation by the naked shorts, the government looking the other way allowing hedge funds and bankers to steal, the DTC ( private corporation) facilitating the fraud, the lies and attacks by the Hedge funds, and the cards being so stacked against this small start up in favor of the “Club”, I’m sickened. I read a letter by a guy who was sick of some of the same (in news today), and boy can I see where he’s coming from.
2ND HIGHEST VOLUME DAY IN 3 MONTHS. YA BABY!!! If I was short I'd be sweating bullets!!!!
http://www.nasdaq.com/aspx/historical_quotes.aspx?symbol=SPNG&selected=SPNG
Well, kind of. 90M could buy you way more than the float in terms of shares, but airshares, not real shares. I imagine the people that own the real shares are looking for alot more than 25 cents.
90M/350M= .25
ah, i'll just do that myself. It'll be fun....
I don't think either side wants the other to be in charge of writing a sticky note, as its going to be skewed either way. Sure you can talk about 3B AS, but are you going to mention back in april when 40% of the SPNG shares were retired, and the stock price went down, which screams NSS?
But of course there are those that argue the april 40% retiring of shares filing is being "questioned" by the SEC. But of course the 3B AS isn't, right? Come on, leave the stickys for news and filings.
My friend legal, she has such a fond interest in my stock, I enjoy calling out the scams she promotes.
Big deal, the first link is to an article over a year old, and the second 6 months old. I"m talking about the dilution
LOL,GIVE ME A BREAK!!! How old is this article, Bush was the President at the time. Face it, the reason this stock went from $8 at the end of 2008, to 11 cents now, are the reasons I cite in my other post. Convertable debt, and share issuance. This thing is dirty as coal.
CCTC SCAM ALERT!!!, This run is nothing more than the insiders manipulating the stock higher so they can unload shares on retail investors thinking this is going to the moon IMO. Read in the 10Q,
Quoted from the 10Q.
We have experienced large net losses, have little liquidity and need to obtain funds for operations or we may not be able to continue.
We have a net loss of $148,458,165 since inception. The net losses to date include large non-cash expenses recorded for share-based compensation for consultants and officer compensation.
THEY DON'T SAY???? LOOK AT ALL THIS DILUTION!!!! Notice the CEO got 5 MILLION SHARES ON DEC 21, 2009. NOTICE THE HUGE DROP SHORTY AFTER? DUMPING NO DOUBT.
On November 1, 2007, Clean Coal entered into an employment agreement with its President and Chief Executive Officer whereby the President and Chief Executive Officer is entitled to a stock bonus of 15,404,549 common shares. The stock is to be awarded as follows: 33% on December 31, 2008, 33% on December 31, 2009 and 33% on December 31, 2010
MORE DILUTION!!!!
Between May 14 and September 4, 2009, Clean Coal borrowed $18,500 from an unrelated third party. The loans bear interest at 10% per annum and mature between May 13 and September 3, 2010. One year from the date of the loans, the principal and accrued interest become convertible into common shares of Clean Coal at 50% of the market price of Clean Coal’s common stock on the conversion date.
On February 19, 2009, Clean Coal issued an aggregate of 8,814,483 common shares for the cashless exercise of 8,918,183 common stock warrants.
Between January and March 2009, Clean Coal issued a total of 716,666 common shares for services valued at $1,789,163.
On September 4, 2009, Clean Coal issued 6,311 common shares to repay related party debt and accrued interest of $14,578.
www.sec.gov/Archives/edgar/data/1445109/000117935009000089/f09sep10qfinalfinal.htm
CCTC SCAM ALERT!!!, This run is nothing more than the insiders manipulating the stock higher so they can unload shares on retail investors thinking this is going to the moon IMO. Read in the 10Q,
Quoted from the 10Q.
We have experienced large net losses, have little liquidity and need to obtain funds for operations or we may not be able to continue.
We have a net loss of $148,458,165 since inception. The net losses to date include large non-cash expenses recorded for share-based compensation for consultants and officer compensation.
THEY DON'T SAY???? LOOK AT ALL THIS DILUTION!!!! Notice the CEO got 5 MILLION SHARES ON DEC 21, 2009. NOTICE THE HUGE DROP SHORTY AFTER? DUMPING NO DOUBT.
On November 1, 2007, Clean Coal entered into an employment agreement with its President and Chief Executive Officer whereby the President and Chief Executive Officer is entitled to a stock bonus of 15,404,549 common shares. The stock is to be awarded as follows: 33% on December 31, 2008, 33% on December 31, 2009 and 33% on December 31, 2010
MORE DILUTION!!!!
Between May 14 and September 4, 2009, Clean Coal borrowed $18,500 from an unrelated third party. The loans bear interest at 10% per annum and mature between May 13 and September 3, 2010. One year from the date of the loans, the principal and accrued interest become convertible into common shares of Clean Coal at 50% of the market price of Clean Coal’s common stock on the conversion date.
On February 19, 2009, Clean Coal issued an aggregate of 8,814,483 common shares for the cashless exercise of 8,918,183 common stock warrants.
Between January and March 2009, Clean Coal issued a total of 716,666 common shares for services valued at $1,789,163.
On September 4, 2009, Clean Coal issued 6,311 common shares to repay related party debt and accrued interest of $14,578.
http://www.sec.gov/Archives/edgar/data/1445109/000117935009000089/f09sep10qfinalfinal.htm
CCTC is a total scam, this run is nothing more than the insiders attempt to run the stock up so they can unload shares on retail investors thinking this is going to the moon IMO. Read in the 10Q.
Quoted from the 10Q.
We have experienced large net losses, have little liquidity and need to obtain funds for operations or we may not be able to continue.
We have a net loss of $148,458,165 since inception. The net losses to date include large non-cash expenses recorded for share-based compensation for consultants and officer compensation.
THEY DON'T SAY???? LOOK AT ALL THIS DILUTION!!!! Notice the CEO got 5 MILLION SHARES ON DEC 21, 2009. NOTICE THE HUGE DROP SHORTY AFTER? DUMPING NO DOUBT.
On November 1, 2007, Clean Coal entered into an employment agreement with its President and Chief Executive Officer whereby the President and Chief Executive Officer is entitled to a stock bonus of 15,404,549 common shares. The stock is to be awarded as follows: 33% on December 31, 2008, 33% on December 31, 2009 and 33% on December 31, 2010
MORE DILUTION!!!!
Between May 14 and September 4, 2009, Clean Coal borrowed $18,500 from an unrelated third party. The loans bear interest at 10% per annum and mature between May 13 and September 3, 2010. One year from the date of the loans, the principal and accrued interest become convertible into common shares of Clean Coal at 50% of the market price of Clean Coal’s common stock on the conversion date.
On February 19, 2009, Clean Coal issued an aggregate of 8,814,483 common shares for the cashless exercise of 8,918,183 common stock warrants.
Between January and March 2009, Clean Coal issued a total of 716,666 common shares for services valued at $1,789,163.
On September 4, 2009, Clean Coal issued 6,311 common shares to repay related party debt and accrued interest of $14,578.
http://www.sec.gov/Archives/edgar/data/1445109/000117935009000089/f09sep10qfinalfinal.htm
My brother runs the CIA. He confirmed the small town in Georgia is where Dicon makes SPNG sponges.
This of course is a joke, but I think we all know what this man is hinting at.
Thanks
From Harvards "Pump",
stoop to any dirty deeds???
What exactly do you call taking photographs of Metters front and back yard, and smearing his name all over the local press, in his town? Calling him a scam, and a pump and dump? Can you imagine if that happened to you, and you go to a local restaurant and have people looking at you, especially when its all lies? Can you imagine how awful that would be for the rest of your family too?
accusing????
Its clear as day, this person was looking to track "hazardous materials" going, and coming from SPNG. There is no "accusing", its right here,
Question for the group.
Is it possible to track the inbound freight of hazardous materials going to a company and also separately track the outbound freight of hazardous waste from that same company?
Is that kind of data captured at either the federal or state level?
I'm interested in tracking this activity for a specific company located in a small town in Georgia, whose name and location I don't want to identify.
I'd just like to be able to track the truckloads of inbound hazardous materials going to their loading docks and the truckloads of hazardous waste going out.
Any ideas?
Thanks,
Well, putting on a short position, then looking to do something radical, as trying to track "hazardous materials" suggests, I think there are quite a bit of problems with that.
Thats not the problem, the problem is someone was interested in tracking "hazardous materials" going to spongetech. Which happened to coincide pretty close to when I believe a short position was taken.
http://tech.dir.groups.yahoo.com/group/hazmat101/message/13420?unwrap=1&var=1
Nice call, within a month down 70%. Looks like that divy was nothing more than an excuse for the insiders and convertable debt holders to make a market to dump on the poor retail.
Tisk Tisk
excellent news, thank you
Dude those websites are to funny with SPNG. He wakes up at 730am, loves his family, and works hard. They are all BS. The guy had them all made.
Walmart updated on SPONGETECH.com
Look at spongebob,
http://www.spongetechs.com/default.asp?Redirected=Y
You and I must have seen that same post about spongetech, where Bsavage is mentioned. It looked like these guys were trying to scam spongetech.
Funny, wherever you got than Ben Savage name, Curt Kramer is right around the corner. I could never figure out who Savage was, but I did find out who Curt Kramer is. Curt Kramer is a total scam, I’ve gone through his filings and it quickly branches off to a lot of other scams, like straight up pump and dumps. Convertible debt, shell companies, shuffling money around, really dirty stuff.
If the 10k was right around the corner, would they have put this out??? Not in my opinion.
This 6 month wait in the dark has gotten too depressing for words. Exposing people hasn’t even been able to dull the pain lately.
I noticed you failed to answer a single issue i raised in my post. Such as mazuma holding corp, curt Kramer, or how about even Hope Capital which is owned by Curt Kramer. Hope capital owns Wes Consulting, which is just full of lies and fraud.
I'm sick and tired of fraud. Deer wants to push me, he got it.