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Carpe you might want to have a little compassion for someone who shorted SPNG to the tune of 1.2 MM on Friday and may be 3 mm in the red.
I thought Arthur Anderson firm did the Enron auditing?
Well BS if there's a dip, I'm gonna increase my position.
Yes. That would be the ultimate!
That's correct. As the old saying goes, there are two ways to get to the top of an Oak Tree....You can either sit on an acorn, or climb it. SPNG chose climbing.
That it is. The first trading book I ever read said NEVER buck the trend of major indices. SPNG is the one time I chose to ignore conventional wisdom.
I've been reading different methods of attempting to determine the "true" value of a stock - whatever that means cause I think it still comes down to supply and demand to a large degree; but would be interested in anyone's rule of thumb or back of the envelope calculations they tend to like.
Thanks
Chip
I hate to admit it, but I learned a lot from people on this site about stocks, shorts, mm, etc when the sharp guys here confronted the basher. So there was/is a positive side to it, at least for me.
Lol over the millions and billions - SPNG brings out the best!
Takes about 12 days for a million seconds to pass.
Takes over 30 years for a billion seconds to pass. Billion is a bit more than a million!
It's the Government....
Pressure on my screen is all Green!
One thing that's happened is I've started pricing setups like Legalgal has....that and Sea Ray boats. Go Spng!
That's great!
Maybe because of the hanging man you might see a few weak investors panic a little forcing a slight dip.
Thought about this advice last night. Thanks for the reality check. Have to keep reminding myself that SPNG is an anomaly...a great anomaly, but an anomaly.
To me the hanging man is a "leading bearish indicator" that requires confirmation because it is weak. In light of 10k and great fundamentals I highly doubt there will be a confirmation. I suspect tomorrow will be green.
That was a joke. Diggs = Cousin.
Nah for him SPNG was probably dumb luck.
Wow...two years ago I started doing options - small time rarely more than a few contracts at a time. My cousing called me up and asked me what I thought about Penny stocks. Told him to stay away they were ridiculously crazy and you will lose your shirt! He convinced me to look at SPNG. I did and bought a bit at .027, and shortly after that some more at .032. That was last October. Then I kind of forgot about, watched, forgot etc. Then it dipped to a penny or less and I figured I just lost a few thousand....confirming my thoughts on Penny stocks. Then it started rising and I started reading, and reading, and following. I even bought a few other pennys....actually I got hooked, and am constantly watching. Never sold a share of SPNG yet, and I am glad. I have played buying and selling the others, but SPNG is going to be my new Sea Ray...lol. Moral of story, I came to Pennys and SPNG in a strange way too.
Also the back and forth is very informative, and keeps the board honest. Clearly it has taught me that DD is never ending and at the end of the day each person needs to do the amount that makes him/her comfortable with their risk.
Oh I'm praying for tomorrow. Haven't slept in two nights with excitement...don't want to wait till Monday!
I'm sure most know this site, but it is very easy to follow:
http://www.candlesticker.com/
Not starting out having a good morning here. First my streaming quotes were delayed, suppose to be real time. Then the freakin server here was screwed up. Just now getting "connected." See the slide, hope no one is panicking...lol go SPNG
My favorite part of that report is the Chart analysis. All indicators are positioned for PPS to go further North!
It will be worth it! I can feel it!
No 10k on Friday will make this the longest weekend of my life!
If you are correct Darklady, then they are SOL when it comes to my shares...lol
Good point, but that is when us Longs need to be very patient.
Wow is that your setup? What software are you using! I am impressed!
Good Morning ....yawn.....what does today hold in store for SPNG. Watching this stock, I'm getting less work done each day...Damn job interferes with everything.
Yup Uncle Sam will benefit from SPNG; and I believe some tax levels expire in 2011 for those of you who trade as an LLC. The "Bush" favorable tax rulings sunset, again I think in 2011.
Harvard Homeboy, What is your prediction for SPNG next month, in three months, and in one year. Keep it right to the point. It appears that everyone disagrees with you, so state your position clearly and concisely. Next month we will see if you are right are wrong.
Now that's math I could get use to!
Ich, what's the technical rationale of a weighted Y Axis. I suspect it puts more emphasis on recent events. SPNG looks different when Y axis is has equal intervals.
Hang in there. I have that one too, and I think that,too, will turn out okay. Patience is key.
I couldn't agree more. I think this stock has terrific potential. And I am sitting here wishing I had the cash to expand my position. My point was that there is going to be room for many "crops" as viable alternatives, and a few will rise to the top. And I think this just might be one of those few.
I work for a biotech company that has a serious interest in corn production for bio-fuel. Sugar cane is actually better. The problem is clearing enough land for massive corn or sugarcane production is probably more hazardous to the environment that the benefits it would yield. I think you see see bio-fuels continue from multiple crops, not one single crop. Right now I just want this stock to start heading North!
You guys are right. My mistake sorry.