I am new at all this and have been reading the posts here on SPNG. In the past I (short past, as stated I'm new), I have stayed away from Penny Stocks. I have managed to lose my money in the more conventional area purchasing NYSE and NASDAQ stocks. Needless to say a little success was made with a lot of painful lessons. All in the last year or so. I was down about 5k. Not much to many of you on this board, but a lot to me. I had someone back in October mention SPNG to me. I scoffed. But figured, "what the hell, can't be any worse than what I've been doing." So I bought some at .023 and some more at .o32. For months I've read this board: scam, great, not a scam, great, big merger next week, things are on hold, wait til Monday, this Friday is a big day, MMs are robbers, short this stock, stay long, and on and on and on.
Here's is all I know. I've remained long (yes I am sure I missed many an opportunity to make money buying and selling)and the result of this stock is that I am no longer in the red.
Now to be honest, I spend more time looking up and attempting to figure out all the abbreviations/acronyms I see in the posts so I can understand what the more savvy ones here are talking about - then I do anything else.
Bottom line for me - so far so good when it comes to SPNG. Gonna stick around and see what happens.