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cashdenuts, I don't buy what hes saying. Gotta look at history,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39686115
Fire Lane did they really tell you that? You still think dilution? look what message i'm responding too.
counting 4 100 share trades in last 5m. Not sure how reliable these are but it is interesting.
http://www.thepennystockblog.com/signals.html
MARKET MAKER SIGNALS
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
This means nothing. MOE's was trying to pawn off a email response from the SEC as if it meant anything, it didn't. Now this, man the shorts are really stretching for anything. Can't wait till they meet their doom.
We don't need a reverse split. Doug has said that its not going to happen. The company is worth $1 with current sales numbers of $5m a week avg. Retire more shares and this will be higher. Blow the shorts out and explode above fair value, before settling back at it.
I suggest people scale out of their positions. Say, a little at $1, $5, $10, ect. The company is worth $1, using 5m a week in sales, so I don't see a huge rush to sell before that. Just wait till the kitchen sponge comes out, and share retirements.
AYME back, best bid. Should take us above .12 easy. Then Kaboom
Waiting to see AYME scale up bid then we should be off.
Yeah I see saw that. Got a really nice TL drawn down from 6-22 high to 7-8 high. I think if we get above .12 you could make a case for head and shoulders bottom which would take us to 18.
MM's are racing AYME, this is getting better and better. Somethings about to happen, I can just feel it.
wow AYME really walking this puppy up. Other MM's are matching him too. This is really good,
'tturner617' I took it down because it was not correct. Go to bloomberg and type in spng, it'll come up.
'tturner617' sorry, saw it on yahoo, looked at it again and its 470k, thats a decimal rather than a comma. my fault
ESPN late night SPNG commercials cut off early?
This guy at work has been telling me that at night on ESPN, around midnight eastern, Spongetech commericals are cut off way early. Anyone else seen this? I'd like to contact managment about this and inform them if they don't already know.
JUST CALLED AND CONFIRMED, ACE DOES HAVE SPONGEBOB!
631 467 6565
2120 Middle Country Rd, Centerreach NY.
This link has pictures,
Spongebob at ACE centerach NY his link.
http://www.cashengine2009.com/
i smell a gap
well its not true, and those who sell deserve to lose money. Just like that friday with the rumors of arrests and stock went from .28 to .8 in an hour. Those who puked .08's deserved what they got for buying into such nonsense.
TWO MORE INSTITUTIONAL HOLDERS!!!!!
http://www.nasdaq.com/asp/holdings.asp?symbol=SPNG&selected=SPNG&FormType=Institutional
He's not saying anything "inside" or anything different than usual. However he has posted 24 times today, never seen that before.
Nah, same old. Just interesting, I associate the extra posting with possible excitment. Just my opinion, could mean nothing, but does make me wonder. Hope I'm right and something great is around the corner.
http://search.messages.yahoo.com/search?.mbintl=finance&q=alfie31555&action=Search&r=Huiz75WdCYfD_KCA2Dc-&within=author&within=tm
Never seen Doug post so much in a single day on Yahoo. Wonder if he's excited about something we don't know about. I hope so.
Yeah, I liked the looks of that. Big money.
Anyone else seeing anything about share structure? I'm not, which I guess that means that raising of AS was bull? That talk was floating around before dicon
I agree johhny, with the share purchase program of around 21m a month and with the RME shares, wouldn't be suprised if news broke soon that the offical float, is offically gone. It'll be wonderful to finally have our hands around the shorts throats. Come get me at $50 shorty
40,675,541 total in form t's, from 16:22-16:42. Wow never seen that before. On advfn.
TAIKONE TECHNOLOGIES PACIFIC
Company Address:
Suifengnian Industrial Zone, Shatian, Dongguan, Guangdong
TEL:86-(769)-89962228
FAX:86-(769)-89962218
E-mail:sales@diconpacific.com
URL:http://www.diconpacific.com
Tencent QQ:1023743688,951896489
http://en.diconpacific.com/newEbiz1/EbizPortalFG/portal/html/ProgramShow.html?ProgramShow_ProgramID=c373e903cf44f0148fee254830bb5885
products
http://en.diconpacific.com/newEbiz1/EbizPortalFG/portal/html/CategoryList.html?ProductMultiCategoryPicker210_action=Searchcategory&ProductPicker_action=Searchcategory&CategoryID=c373e9106da916fd8fef43e5926fe34e#
HUGE NEWS. Now all we need is mgmt to blow the shorts out and we can start trading at fair value. The printing of air shares is funny. This should poped the stock if it wasn't for these crooks flooding the market with bogus shares.
Remaining float to be retired as of July? Isn't part of SPNG buyback program to retire around 21m shares a month? I think from feb till july, 5 months =100m roughly shares retired. RME still has 133m. Isn't float 233? WOW, anyone else get the feeling very soon we could see the entire float gone?
'CYRXorbust', middle of page 4. This stock which had a huge short problem which when they covered traded a market cap of 400x rev. Apply that to SPNG and we are talking over $150 PPS. I'd let the shorts out at Dreamgirls $57
http://www.sec.gov/comments/s7-08-09/s70809-364a.pdf
seeing a few 300 and 100 share trades.
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
http://www.thepennystockblog.com/signals.html
CYRXorbust, OldTymer. This means nothing, I found some information on the case. What they are accusing Doug of has to deal with him being an insider and selling his stock within six months. Doesn't make me worry one bit, just another sad attempt to try to bash spongetech. Below are two links, first one discribes what the violation was, and the second one discribes the accusations.
LINK 1
Section 16(b)
Provision of the Securities Exchange Act of 1934 that requires that any profit realized by a company insider from the purchase and sale, or sale and purchase, of the company's equity securities within a period of less than six months must be returned to the company. It is also known as the "short-swing profit" rule.
http://financial-dictionary.thefreedictionary.com/Section+16
LINK 2
On May 27, 2008 the Company filed a lawsuit in the United States District Court, Central District of California, Case No. SACV08-00586 CJC (PLAx) alleging securities law violations and fraud against Douglas G. Furth individually and allegedly dba Millennium Consulting Group, Inc., a defunct Ohio corporation; Mark Fixler; JAG Enterprises, LLC; Michel Attias; Brendon Attias; Timothy Garlin; and various DOE defendants for disgorgement of short-swing profits in violation of the Securities Exchange Act of 1934, Section 16(b) and for recovery of damages for fraud and deceit.
http://www.secinfo.com/d19aNn.s4q.htm
MM's throwing everything they can at this thing to close it down 5%,
HAHA, AWESOME
Listen I agree, they are next to worthless, my point was I want the big guys at nite to fry when it all comes crashing down. I want it to be very clear that they knew what was going on, so it doesn't turn into another enron where the crooks are infront of congress trying to argue that they had no idea what was going on.
when the SEC gets involved its going to be in regards to the naked shorts. Their job is to protect investors from this type of abuse.
well when all the bashers were talking about dilution in spng and it turned out that they actually retired 40% of outstanding shares I realized this company is the real deal. So no, that theory doesn't have any weight.
Jandrsn21, what we really should do is call nite, sali, ect, and try to get in touch with some head guys and warn them about whats going on. Record the phone call or save the emails. Then when sponge finally takes off, they lose huge amounts of money, and the SEC gets involved, we give those emails/calls to the SEC so the Big shots at Nite can't play dumb about what was going on. Its a great idea.
Because the naked shorts keep printing more air shares, this stock has no chance of moving higher until either mgmt takes the NSS out or the SEC gets involved. Think about it, if you could sell short an unlimited amount of any stock, much larger than the float out there, supply vs demand, supply wins and the stock moves lower. What we need is something that will make the shorts cover so we can be done with these silly walk downs everyday.
I plan on holding 100k shares for 5 years no matter what happens, I figure if I can unload the rest where I think I might be able to, I won't have to worry about money and I'd love to have something that went from 1 penny to $50