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I don't know, but I like it whenever we cross 5 cents. With my 2M shares, that puts me above $100K with SPNG.
Soapy - I see Steve is out of the office until Friday. Please drag us across the finish line while he's gone.
I'm not disagreeing with you Rob. I think what you're saying is that Spongetech did not have to pay a fee to get on the shelf, because CVS and others were excited about the product and knew it would be a great seller. That's great. But the retailers want it on the shelf so they can make a margin on the product between the suggested retail price and transfer price. In retail, this is how they make money on their shelf space.
That's a bit misleading as well. Everyone pays for shelf space through margins. Sometimes there's an initial one-time fee for getting on a shelf. There's typically a premium for things like an end cap. This shouldn't be considered bad news in any way though. I'm not disagreeing with you. You may have inside info that they were awarded the shelf space because the retailer's felt SPNG would be a best seller.
Because they're trying to get the weak and the uncommitted to sell before they take it up. Don't let it get to you.
It's actually .0376 / .038
I guess everything's good now.
I'll adjust that slightly and call it one of the safest and best short term investments in the market right now. Before I make any claims in regard to the long-term, I need to see the company open up on info sharing.
Carpe - Do we have anything special coming today?
Does UBSS show up anywhere on real-time L2? Normally they pull out and put their bid / ask at .0001 / $2000 in the premarket. On OTCBB.com, it shows they missing completely.
For those that like candles:
Buy-If
Today a White Candlestick was formed. This represents normal buying pressure.
The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
We've traded 1.55B shares so far in May. That's 408.5M per week. During that time, the stock price has doubled. That certainly shows buying pressure to me.
And the last line says it all.
No not at all. Just wondering if they were in the same meeting together.
You showed up about the same time as Doug did on Yahoo. Any correlation?
Is there a 3rd PR coming at 1:00 pm?
That is exactly what's needed. But if you're not in when it happens, you'll miss out.
I've seen no Soapy today on ihub and no Alfie today on yahoo. Any particular reason for this?
Only if they come out with more PRs. If they ungag the T/A it will go a lot higher than 6 cents.
Don't for get the line of credit.
or spongebob.
You forgot hold. That's a choice as well.
Obviously investors don't want us to move. Therefore, it will take a button under Steve's desk to make it happen.
Good as gold.
I heard everything's ready and it's going to happen yesterday. :)
30 Days Spongetime = ??
Is anyone good at math?
I don't understand why anyone thinks Doug has something to gain by lieing at this point. People may not like him, but he has a heck of a lot more to gain by this happening then by flipping 10M here and there to gain a penny or two.
Yes - T/A is still gagged. Don't let dumping scare you though. This stock is like a roller coaster. You can't let it get to you or it will drive you nuts.
No one knows. People will give you a number based on the last things communicated by the company. It may be right, and it may not be. The last quarterly report gave an O/S of 722M. We do not know current insider ownership, and we do not know how many restricted shares were included in the 722.
Good point. It's all just dust in the wind. We don't know anything. But when we do, we certainly don't want to be out.
Manipulation. That's always the easy answer.
Don't let them drive you out. Hang in there. You don't want to be fooled into thinking it's just going to be like all the other times.
There's a lot of dumb money out there.
Great news Leopard. I know they said mid-June for retailers, but if they're shipping on-line orders this week, I hope they're also able to squeeze in a retailer before year end.
I believe they do have a good plan. But playing with the NSS is like playing with fire. The longer they wait to finish it off, the more they leave themselves open to the risk of the NSS digging up some sort of dirt that they can use against SPNG.
Carpe - I just want them to get moving and show the reduction to 240M shares outstanding, the elimination of RME shares, a reverse merger with a NASDAQ company, Spongebob shipments, the contract with Lysol, the contract with Coppertone, hmmm, what else am I forgetting that they're holding in?
Great - They've validated the A/S increase. Now the doubters won't claim any more that I made it up.
Wadi bought a long time ago. The scenario you describe really represents a gamble rather than an investment. For the holders that got into this stock because it was an investment, it's frustrating to see the company hold critical information required to evaluate that investment.
I would really like to see us battle for a new 52 week high. things definitely need livening up around here.