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What really burns my a__ is that I second guessed myself a number of times and wanted to believe this was a big hit inspite of the "too good to be true" red flags. An early lesson I was told and obviously didn't adhere too: Is never fall in love with a stock, watch the fundamentals and the technical analysis. I ignored my own rules with this one. No one to blame but myself - that kind of sucks too! Can't even blame my ex for this one....Not trying to be funny, just trying to exhaust my frustration.
Anything is possible Nurse. Right now the initial shockwaves are reverberating. There is 10 or 11 days of cooling and investigating. And it doesn't look promising. Hope is a good thing, maybe the best of things....and right now if you are long...it might be the only thing! I was once told never be anything but a trader with pennies. This is the one stock I did not heed that advice with. The good news is that my office is on the first floor and the window is only 30 inches from the ground, so if I jump I shouldn't get hurt!
This is the second or third thing in the past two weeks that you have been dead right about. In each case I was hoping you were wrong....Now I REALLY hope you are wrong. Unfortunately, if you continue to be right I just paid a few grand for that glass of cool aid........damn.
And that does not sound warm and fuzzy.
Hey,
We can still go out and celebrate sometime. As long as you have your health, family and friends - you do have wealth. All the rest is window dressing. Sometimes it's good and sometimes it's not; but all of the time it passes!
Janice,
I interpreted this slightly differently. To me it did not mean that D&T was overseeing the SEC, but the process and to assist Robison if needed...
This is what makes "posts" here difficult - interpretation and what is the correct one.
thanks...I could use one
Same here.
Hasher, thanks I will take a look at that.
Yes, but if they are guilty of all the things insinuated here, they could find spending it from behind bars kind of difficult. That's why I stuggle to think that with all the watchdogs out there right now for the stock market they could be this arrogant. And I find it equally hard to think they are stupid. Pretty tough to partner with all those they have and be stupid....Maybe I am the eternal optimist, but it just seems insane to attempt a scam this grand and think you can get away with it. Madoff's scam was done quietly (not that this is a scam or has the magnitude of Mr.Madoff's), and this has been very public.........I'm rambling trying to make sense of it all.
I agree. All this stuff has to make anyone feel some concern.
This didn't sound all that horrible as I was expecting after reading the comments here.
http://science.thomsonreuters.com/pharma/h1n1/?_kk=influenza%20virus&_kt=ab85258e-a6e8-46da-b093-ab94023919c7
Yes it is. Influenza is many virus types.
I think that's on target. I describe Fugu's 8k as pathetic at best. SPNG is one of the few stocks I am long on so I have to remain optimistic inspite of many nayslayers, but I actually appreciate their perspective. I really enjoy this forum it gets pretty "testy" at times. Like a good soap opera only better. If you read back through some of the post, you will conclude: "You can't make this stuff up." Anyway I think .069 is a great buy in price and wish you lots of profits.
Good morning all, and welcome sexy. Well do we need to fasten our seatbelts this morning?
Well said. The best word I can come up with is pathetic.
To me, the letter referencing SPNG's legal problem and the Post's articles was a weak attempt to migigate their dopiness in the eyes of their investors: Let's assume SPNG is guilty as insinuated. How does that justify not returning the money? And if they didn't know who RM is, why didn't they simply reverse the transfer....This sounds pretty pathetic to me. But if the bank mistakenly put 1.5 mil in my account, I would definitely think about what it would be like to take it and run. But I wouldn't - spending six months twice a year behind bars ain't all that appealing...As the Sponge Turns...
sheesh parish the thought
that's better. Thanks
???????none of those links worked for me? anyone else have any luck?
That's the $64000 dollar question. Interestingly enough, it might not matter. Who knows what will show up when the rocks are moved. If they are not investigating SPNG but the investigation shows SPNG doing unscrupulous things do they expand the investigation? Conversely if they are investigating SPNG and it turns out there is nss/libel, do they expand? Who knows....lots and lots of speculation.
Good. The drama is probably self-manufactured here. Anxiously awaiting. Thanks!
Harley,
Are you suggesting that perhaps there are a few here who need to increase their fiber intake?
Fire you are right I'm sure, but it is also very dangerous to put anything in writing that is not accurate and can be used to sort of pile on the concerns perceived here. I don't know who requested or what initiated the sec investigation, but if spnge did not request it and they are being scrutinized.....
Great name. Blonde that was pretty lucid and concise for a blonde, regardless if one agrees or disagrees with the assessment. jk...lol
The better question seems to be if SPNG is in trouble releasing any inappropriate PRs would be pretty self-destructive....so why would they do that? Either there is nothing for M&M to be overly concerned; or, they are the most arrogant, defiant persons on the planet.
Companies who are late in filing the 10k, do they normally file as soon as it's ready; or, is there a tendency to wait for the 11th hour? The drama is amazing.
I had to look this up so bear with me.
Private Placement
What Does Private Placement Mean?
Raising of capital via private rather than public placement. The result is the sale of securities to a relatively small number of investors. Investors involved in private placements are usually large banks, mutual funds, insurance companies, and pension funds.
Investopedia explains Private Placement
Since a private placement is offered to a few, select individuals, the placement does not have to be registered with the Securities and Exchange Commission. In many cases detailed financial information is not disclosed and a the need for a prospectus is waived. Finally since the placements are private rather than public, the average investor is only made aware of the placement usually after it has occurred.
Do they even have to make this public knowledge?
lmao...c'mon general where's your sporting spirit.
Got it. Right now it's a bit of a sad tale. Want a very Green day.
Yup...that's what I'm looking forward too!
Thanks. I'm trying to get a better handle on L2.
Why would LAMP bid @.01 and ask @ $5.00? This drives me crazy
Good morning
Where's legalgaltx? L2 has started and enjoy her observations...
Yes and in my case I am hoping it isn't the calm before the storm. I still hold a modest amount of SPNGE....want a hot sunny day...lol
Very quiet here this morning...