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"Funny that SPNG initiated a PR campaign and press releases about a lawsuit that yielded NOTHING except corporate expenses."
I disagree, this is a big step, totally discredits the NY Post article, that some around here like cite as fact. I love it!
Because i bought them all, and now i am up 50% on that order
Speaking of the CC, Dave, thank you, you did a great job asking everyone's questions, might seem trivial, but your contribution is appreciated, that would have been much worse if you were not leading the questions.
What confused me about that is he said, he would give us 2 weeks notice before it launched and that it would launch by End of Year but there are only 3 weeks left in the year...so we should hear something next week
I am on many conference calls for work just like this one, in my opinion no one is sabotaging, it is always just some idiot who forgot to mute their line.
XQZME, i am not going to be able to call into the bridge this afternoon, is anyone planning on taking notes that you could put as a sticky?
Some people think the 100 and 200 are signals, i have seen this before:
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.
911 - Pending News
If there was a line to take out NITE it would be half way around the world, no one likes those guys
I use fidelity, and they just charged me once for the trade (actually each partial had a fee but it was broken up and they all added up to what i normally get charged), not sure what the policy is for other brokers.
I would put in the order for 30k shares all at once. Just make sure you allow partials and it will get filled gradually if needed. This is usually the default setting so just dont select "All or none" condition.
But it is restricted stock that the shorts cant get their hands on to pay out. Forcing them to cover their NSS SPNG position. Pure Genius.
It is not a fading interest it is a very dry float. By my calculations we are trading just under 10% of the float a day which is about correct for a normal stock.
Did you miss the SEC filings yesterday? I would say 140 million shares out of the float is pretty big news, you dont think so?
I dont think it has much to do with the grays but i think it has a lot to do with Pike coming in and buying what little was left of the float.
So when volume is high you scream dilution then when volume is low you say there is no interest, what would be your ideal daily volume on this stock?
Yes you could make it more simple, please provide a link proving what you are saying. It is not that hard if what you are saying is true
Provide a link please, i can type a bunch of stuff that sounds good as well, proof consists of a link to a reputable site such as under the SEC domain.
No i am not, i am asking for proof of what was said on the board. I provided proof with a link to a SEC filing, until you can provide proof that the percent in the 13g is the last reported not the current OS, the burden is on you.
Since you know the rules so well, please provide a link with proof of what you just said:
The filer has to file his percentages based on the last reported O/S.
Ha nope nice try though, just admit there are only 724 million shares. Anyone who denies it now with the last 13g just published, is just ignoring the facts or intentionally giving out false information
724,489,766 = MAX OS!!! So i guess all the predictions of OS in the billions were wrong?
142,000,000 = .196(X)
724,489,766 = X
"9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
142,000,000
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.6% "
http://secfilings.com/searchresultswide.aspx?link=1&filingid=6858798
And it could be worth 25,000,000. I think it is funny how people act like they know what is going on with the company. If any thing we should know to expect the unexpected from these guys.
Yeah wow look at that drop, we are up 90% for the day. I will take a drop like that every day
Ummm there are no bids/asks for grays. I am not sure what you are talking about, please explain yourself.
illiquid? Really you call 200+ million monday, 60+ million yesterday and over 80 million today illiquid?
Exactly Belgian i am the same way, holding on to my shares, no reason to sell them down here on the grays for almost nothing. If it works out great, if not, i get a reminder every time i look at my account to not be stupid
I am not really sure why i got filled, my buddy put in his .0002 buy before me and he got skipped and i got filled. But if we are moving down then i am glad i got in line behind all those other .0002s you spoke of and did not chase it to .0003
See patience is key, got filled at .0002
If i already had shares i would tell people the same : ) but if i cant get in at .0002 i will just find the next one. Have learned the hard way to pick a price and stick with it, if i miss it i miss this one, would rather miss this one then chase it up to .0003 and it falls to .0001
Dang, i guess i will just have to wait it out, not chasing this one
I have an order at .0002 that is not filling, whats up with that?
Clay, can you do a quick chart on Sprint Nextel?
Any chance we see $4 soon? I need to pull some cash out but would like to wait if we are going to get back to 4
What is up with the class action suit? IMO it is a little early. We should at least wait and see if they are actually guilty. Wont that law firm look like morons if the SEC clears SPNG MGMT?
Must of missed it, we were on the NAS for like 3 days, then went up to NYSE, dont know where you have been.....
RJ, i like your confidence, i hope you are correct.
Yeah that is what i figured....still patiently waiting for 10k
Is this because the 10k is submitted or because grays don't require a 10k?
Sounds to me that the SEC asked for the info in the 10k and SPNG has not given it to them yet, that is why they got suspended. I could be wrong but that is how i read the below line:
"We are cooperating fully with the SEC staff in connection with their investigation and are working diligently with our new auditors to finalize our Annual Report. It is our intention to provide the SEC staff with all requested materials so that they can conclude their investigation as soon as possible."
Like you said the company is worth something, all the branding and advertisement contracts, someone will buy them up. My problem is with all the NSS here, no one will see any cash from the sale. They will say they can not figure out who the real holders are thus no one gets anything.