Old Timer
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Hmmmmmm - How about that spike to .1731 ??? Hmmmmm
SJ - The R/S today would leave your shares worth $14.50 . . . A far bit short of the .204 close on Friday.
FWIW - We have lost over 30% of our value just today. Expect a drop to about .06-.08 by the time we split. R/S's just suck.
papaul
This SPNG Mess Totally Screws My Plans !!
I need money now to live on.
papaul
What does the acceleration notice mean for ACAS?
Up we Go ????
papaul
It is a guessing game.
What torques me off is, I could have sold Monday at .225 and bought back today at .20 with my funds having cleared within the three day period.
Darn Luck Anyway !!
papaul
Excellent Summary - I belive it's spot on !!
papaul
Jim54 - You can add my 505,000 to the count.
My son inlaw and boss own another 450,000 together.
papaul
You have that right - I'm sitting on a bunch at $2.76 and could be making money elsewhere . . . like SPNG.
ACAS is really bad at this point.
papaul
"the extension is no big deal. happens all the time. however the fact that many shareholders were lied to about the 10k being done and submitted and just waiting for it to be posted speaks of the lying nature of this company."
I don't believe anyone on this board spoke to anyone in management. It's just BS to think a CEO or COO of a company would waste their time with wacko phone calls from investors.
Take Profits Often
papaul
Got mine too in Dutch Country PA
papaul
I would be really PO'd if I owned a company and had wacko investors calling me 24-7.
People are out of their minds thinking it's O.K. to call the CEO/COO at every whim.
Take Profits Often
papaul
Z4 - You post great facts. Thank You.
You can buy shares any time on any day. You don't have to wait for anybody.
What really bugs me on this board, is all the people who claim to have spoken to management and received emails and blackberry notes that all the filings are in, on time, etc., etc., etc.
What a bunch of BS'ers !!
Take Profits Often
papaul
Good Job on your success !! I wish I were there too.
Ofiicially - you need the cash in the bank an no tax debt.
Take Profits Often
papaul
Thank You Soapy - I missed out most of the day.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40803001
Confirmed by at least three others.
papaul
"Congratulations, longs, on the AS reduction."
Where is the link to this event?
papaul
What did you get for the 300K shares?
papaul
Is it time to short this stock ??
papaul
Nice that the company gets the uptick every morning so they can buy shares all day long.
I hope it ends Soon !!
papaul
I'm being very cautious like you SOB.
Things are very cloudy in Spongeland at the moment.
papaul
Spongetech wants to Rule all of the sponge Markets.
Even the hottie ones for perverts or normal people.
Watch where you Squeeze that Thing !!
papaul
To me - Things are getting a bit cloudy. I don't like announcements from owners with more than one primary business interest.
Tends to make me think they can lose focus on what's important here.
Waiting for one big Pop so I can unload shares.
papaul
Count me at 490,000 shares & LONG.
papaul
Not if they plan to purchase another company like P&G or J&J (LOL).
papaul
I bet it's the Vik-Queens next.
papaul
I sure hope so - The market is a rocket and the Sponge is a soaking mess (LOL)
papaul
Your message is a Hoot !! LOL
"Wadi,
Thanks for scaring the crap out of the MMs with the "poor man's 13G", down we go.
Drew"
Right On - And it's clear management has no idea how to send a True "Value Message" to us share holders.
One mor buy for me and I'm All In with Skin.
.14 or Lower Stinks - - Again.
papaul
Of course the PR's are negative on SP - Every announcement is acting on their plan to Spend Marketing Money.
We need a PR on Revenue & Profit . . please, just one will do.
papaul
My dream has a $1.32 price over and over and over.
Hope it hits us in the middle somewhere LOL.
papaul
All my trading money is tied up in 468,700 shares of SPNG.
Wish I was making some plays on INO & ABK the past week, but I'm having to learn a bit about patience on this Sponge.
papaul
Yes - Thank you Mr. C
papaul
I didn't notice but I'm guessing it was on the bid & filled at .151
papaul
Can someone explain - I just bought 75K shares at a time of 10:36:57 this morning. The trade shows as a sell rather than a buy on the trade sheet.
Is this how all transactions take place?
Thanks,
papaul
Why Waste Board Space on Scottrade ??
1,000 posts on the same stupid topic - forget about it already.
papaul
I am Very Upset with this SVNT management team.
Can you belive this - agaun.
papaul
Kinda weird the text says: Wet and wash again and again (up to 8 uses).
That's a phrase form the car wash sponge.
papaul
Yes - I added @ 1.50
Take Profits Often
papaul
Hasher - I don't think you understand how this SPNG high volume trading works.
With the average daily volume of 98 million shares traded, with a ratio of approximately 12 million sell verses buy or visa versa, this means the daily float is only affectd by the 12 million shares. The 86 million shares traded equally between a buyer and a seller.
Now, take the exceptionally high trading days like Black Friday and a few since then, we can guess that only a few hundred million shares are off of the balance sheet.
NOT BILLIONS as you claim.
You will see things much clearer in September.
Take Profits Often
papaul
My Dollars are Disappearing FAST - Wish I'd flipped at .16+
Dumb Me
Take Profits Often
papaul
The Sellers are sure loving the .16 price.
Take Profits Often
papaul