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How bout upgrade listing status??
Are they moving to the OTC?
That has a minimum of 25cts right?
I think the $12 call option is a good bet.
This will hit $15 by JAN 2011.
I am buying the $12 Calls Jan 2011.
What do you think?
For the short term? Looks like it may go slightly below the 200ma for a while. I am predicting a drop to the 61.8% level of the previous uptrend. So I will enter at $7.40 large.
As usual, the stock tanked after the news. This is a great sign.
Very similar to the first major run up. When the company announced record profit in MAY, the stock tanked first.
What we hope to see for a run up.
The squeezing of the bollinger bands. The stock will test lows of 13.7ct and then begin its climb to 17cts and consolidate, and closing at that level too.
Then the stock will start a major climb towards 24cts and retest 28cts before consolidating to lower levels again. And finally it will make a run up towards the 35cts region as that's the P/E of 10X on a EPS of about 3cts. Based on monthly earnings of 20mln and O/S of 500mln with profit margin of 10%.
Future plans of rescinding of shares would increase the PPS greatly. And that's what we are hoping too.
I believe in another year, the O/S should be at 200mln.
This is really a long period with no PRs.
Hope the next PR will cause the POP.
I hope its not goin to be a PR about sponsorship.
We are sick of those already.
Now we want PRs of sales figure. And 10K and sharebuyback completion!
Cmon SPNG
Yes, I also think it will break 0.002 today.
Now is lunch time, the quiet time of the market. Later we shall see a run up again.
There's no news,
But STOCKSHAVEN is calling the company at 10am as he said in the google forums.
So he will post the results of his call on his website.
So expect something later at stockshaven site.
Maybe possible price targets too.
Good luck to all.
I have placed an order at 0.003 for the day.
The chart wont end with a small hammer.
Usually it should end with a big white candle.
So this may move upwards, maybe we may see the 0.002 today.
I like the chart movement.
Notice that before a SHARP increase in the price, the stock will tank first.
So this is the tanking part. Very good. Similar to the previous times when SPNG and even any other stocks would tank first before it rise sharply.
See Citibank tanked to $2.50 before shooting to $4.
See AGEN tanked to 55cts before shooting to $3.34
See SPNG tanked to 3.6cts before making its crazy journey to 28cts.
Now we are going to see SPNG tanking to the 13cts-14cts region before making a blast to who knows where 35cts this time? Or 50cts. I dunno. What we know is that it will shoot upwards like a rocket.
Guess now we shall wait for the 11am PR. No 9.15 PR.
And the last hope is 3pm PR. Let's see how it goes.
Good day to all of you guys.
Have a great day ahead.
??? I am seeing NITE pushing the bid up.
And NITE is good at pushing prices. As he is the AXE and everyone follows him.
Hopefully hes not manipulating today. Please allow him to push up the bid.
spng has been good at going up when the market tanks.
Guess ppl sell off their Blue chips in a down market and load up on penny land stocks.
Here is a link to an article that is not seen in any PR.
It's about SPONGETECH Spongebob sponge becoming a big hit.
As quoted, " The Spongebob Squarepants Soap-Filled Bath Sponge debuted at a recent mini-launch in New England and, due to strong demand, the number of stores stocking the product was increased from 9 to 200 in just three weeks. "
http://linkbee.com/spongebobHIT
This article features SpongeTech's Director of Marketing, Jack Schwartzberg. He believes that SPONGEBOB is going to be a bigger hit than the already crazy AUTO SPONGE which is making the company so much money already.
The general market looks bad today.
The banks are down 5%..
Hopefully ppl will sell off their banks stock and convert some to this undervalued stock.
Anyone thinking there will be a PR today?
It is about time they complete their share buyback program.
It is expiring in September. I hope they will announce their completion. Then this will be like the other time when they announced the completion of share buyback and the stock doubled.
Doubling at this price, we get our resistance level of 28cts.
so how much of SRE does SYNJ owns?
Brian is the CEO of SRE as well right based on the ammendment filing.
I saw that pinnacle owns 18% of SRE. but they merged with SRE so do we own the entire SRE?
SRE owns 51% of the shares.
If we also own SRE shares, then SYNJ should get 69% of SRE, is that correct? With METH and SUNSI owning the other %.
Please help me clarify my doubt.
wow $1 lol. That would happen in 3 years to 5 years.
This company will see the billion dollar zone only when it has a total of 1bln gallons in facilities.
now they are on their way to 20mln gallons.
And another 10mln soon.
Then if they have more states, they will increase again to 50mln gallons.
Nice dragonwing,
I still dun understand.
So does SYNJ own 70% of it? pinnacle and SRE belongs to SYNJ?
No PR again for this week.
Guess the company is still doing their buyback, they do not want to reveal their sales figure for AUGUST, they want to surprise us with higher sales figure at the end of the month.
Let's not forget about LATIN america, Canada, Europe. And soon ASIA. Australia is quite a big market as well.
I think the AUGUST sales should be about $20mln.
Hope next week this will double.
they have bought them back, that would decrease the float already even if it did not decrease the O/S
So the float has become smaller. Now the price can move with volumes of only 1million, compared to previous times when 20million volume can only move the price the same amount.
So I think the float is smaller, but the O/S is still the same as they have not retired these shares.
There is no PR for 3 days already. I think the company wants to stop releasing their sales data too frequently as ppl on many boards are commenting that the company is pumping its stock. So now we are going on days with no news of how many they sold in August. Perhaps they want to surprise us.
So far for August they have sold to BJ warehouse and Sears Canada, so I think they could sell about $10mln already.
Why are they not announcing it? I predicted sooner or later they would have to cut down on their PRs. Its too much. You don't see microsoft or apple or 3M announcing their sales figure every 10 days, do you?
Guess this company is going to go really big now. The NFL season is going to start soon and SPONGETECH publicity is going to increase by a lot. With more than 100mln viewers, this is a great publicity stunt.
Nice.
Hopefully there will be PRs on expansion as well. Building in another state.
PR about their solar and wind energy.
yup you are right, now it's
827,685
Yea, SYNJ is the most read board. Looks like today will be an interesting day, guess many ppl will be loading up this stock. Cant wait for it to break past the previous highs.
My mini calculation gave this stock a fair value of at least 1ct. So I hope I am right.
I based this on a future 20mln gallon output for their bio diesel. And counting that they are going to have an enormous share count due their stock dividends. I think the CEO should start considering a lowering of the stock count.Hope he does not choose the Reverse Stock split route. That will suck abit. Hope he will do corporate buybacks, and cancel some of their restricted stocks for the sake of shareholders. I only fear that he will dump those restricted stocks to shareholders after 2 years of restriction. He can choose to remove the restriction after 2 years of ownership. To earn a quick 1bln X stock price!
So he has to keep dumping his restricted stocks fast, and so far that is in the process.
So far there is no news of them dumping 300mln shares right?
My long term outlook for SYNJ is a stable 4cts trading range for next year.
General Grievous sir, hope many know what will happen, 35cts next swing high.
Maybe they are afraid this will have an adverse effect similar to behl who announced that their stock is in the helms of manipulation. That resulted in BEHL donw spiral to 4cts. I am going to behl at 2cts.
For SPNG. I think we will be off the SHO list in another 3 days like I post earlier DAY 18 is the last last day to be on the SHO list otherwise something is wrong. SEC is not doing his job.
It is not the management problem for now, it's SEC. COz its already on the SHO list.
Americanbulls BUY CONFIRMED
At least now we got a technical super positive.
The candle pattern has shown a very positive upside is very possible.
About the REG SHO list, it should stopped being listed on the 18th day.
This because to be listed on the REG SHO list, the stock was naked shorted in the past 5 days.
And you kno that 13 days is the max before the forced naked covering. Hence if the forced naked covering started on Day 14 which is yesterday, this will still be on the SHO list until Day 18.
But if the naked shorts were covered before 13 days, then you will see it off before 18 days.
Go check out and read all the rules about REG SHO.
yup, but i doubt the NSS is very large. Coz they just need to sell like 10million shares, and it could kick start a panic selling.
So me thinks that the NSS is about 5mln shares only, no big deal for the MMs who had been earning so much from manipulating SPNG stock.
I like how BEHL released a PR to say that their company stock is deeply manipulated. But that still didnt affect the price. THe shareholders are scared already. And it would take 2 good month just like spng to recover.
Once SPNG recover from this BS, I think it should be a smoother ride towards the dollar.
The goal, is to accumulate 2million shares now. So we need to find a good swing high to release 50% of shares, and buyback at a good swing low. Hope it could increase share count by 30% each time. Doing that 5 times would gain quite a bit.
I doubt the company wants to address the SHO now.
They are so happy as they can buy shares at superbly low price. If they had to buyback at 30cts, they wouldnt have enough money to buyback 100mln shares. (tats 30million by the way. compared to only 10million if they buyback at 10cts range)
To add on, RME cannot sell their restricted shares to the float. The transfer agent would not allow it.
So I don't think it's RME selling shares to the float, but rather SPNG selling their A/S remaining shares to the float and buying them back...
They are earning money from the sale of their treasury stock to the float which they buyback.
This is because they got 134mln shares to retire but they have not done so.
let see if this can have a late afternoon buying.
The chart pattern seems to be good to trade for a nice handsome profit.
It's a bullish pennant.
Not too bad. The Naked shorters are covering. And I hope there is now restriction for shorting in the nude.
Look at BEHL, they gave a PR to say their stock has been manipulated by the MMs! Lol, sounds so familiar, SPNG was also manipulated by the freaking MMs who are most probably reading this post too. They are lurking on our boards.
TO THE MMs: Stop it! Let this stock trade naturally. Especially NITE and ABLE and UBSS cmon.
Hope they can be like ETMM, a nice MM.
Today is the reversal day. Now we need a run to break 17cts before we can call this a bull run. Get ready ppl. We will see 35cts soon.
care to share that reason? Its just speculation of potential new plants?
I hope they will launch a buyback of shares instead of dividends.
should have waited for today to buy. Came abit too early at 0.0029
Whats the prospect for this?
No PR yet... Syndication INC posts 1 PR a month? So our next PR is next month?
What PR is the golden one that will lift this stock upwards to da moon?
Building another 10mln gallon biodiesel plant?
Megawatt Solar and Wind farm. Are we going to hear such great news? Or will this sleep for a long long time.
I agree that naked shorters havent covered. They are really waiting for the very very last day which is today. A forced covering by end of today is enforced
SPNG has at least 0.5% of it's OS that is nakedly shorted. This is evident as SPNG is listed in the SHO. Read carefully how to be listed in the SHO. It is not just 10,000 shares undelievered, it is 10,000 AND 0.5% of the OS
So at least 3mln shares are nakedly shorted.
Somehow the MMs knows what to do..
So I predict a naked short covering today. And with a good PR I see 20cts by end of the week hopefully.
Hi everyone, I am new to BEHL. Saw the enormous growth BEHL has enjoyed.
Could BEHL become a $1bln market CAP company?
The algae bioreactor is truly amazing. If it also incorporates the vertical technology, this bioreactor will be a super efficient one!
What are your price targets for BEHL and reasons?
I am going to enter today as I deem the price as a steal now.
Today should be the reversal day.
I think the price will dip to 13.5cts then it should close at about 14.5cts.
NEWS THAT I WANT TO HEAR.
August sales of $10mln to date.
Spongebob sponges in Walmart
10K is coming out in 31st August (a monday)
Repurchase of shares completed.
News that are useless.
Partnership with another NFL team. (this has a long term effect)
What do you think about the Vanity Events using SPONGETECH Sponges as a cleaning company?
Great way for STEVE other company to advertise spongetech products.
And I really hope tomorrow will be SPNG reversal. It's about time.
Think the price can only go up with a good PR.
Are we expecting any good PR?
I think a PR to open a new plant will kick start the surge above 0.005
Of coz there wont be an uplisting now...
The uplisting will be done when the stock price soared upwards to $4.
They are excited to uplist this to NASDAQ, yes but they are not rushing it to be now. Next year, this should be in NASDAQ!
The new share count should be about 722mln-144mln-95mln=483mln shares.
I think they have completed their repurchase already. Now they are telling the transfer agent to destroy those shares. Putting them in the treasury.
The process usually takes 2 weeks.
I am waiting for them to announce it and I don't think this will be reflected in the 10K. As the 10K is for financial statements until the fiscal end which is May 31st.
So this should be in a 8k.
Waiting for SPNG to file that they have lowered the O/S