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Patience grasshopper, the day is young.
My daughter alerted me to the SpongeBob commercial on the I Carly show 2 nights ago, I think it's on Nickolodean.
I live in a highly populated area and it's everywhere, every CVS I've been in, every Walgreens, every ACE hardware!
He copied (plagerized) it from a Yahoo post.
The 10K is only a few days away!
Same here. These guys running the company are &ssholes!!! I hope they burn in hell someday.
Hopefully SPONGETECH is the talk of the SEC world also with all of the illegal manipulation of the stock going on. I hope those responsible get what's coming to them.
It turns out they spoke to Bill Young.
Someone claims they spoke to Steve or someone at the office and was told this week sometime.
News - Seeking Alpha - Long on SPNG! "For the time being, I can support an argument for continued buying at twenty cents"
From Pixie:
Woo hoo, go SPNG! Suddenly I realize SPNG is everywhere. I caught their ads on WETA Kids, Nickelodeon and CNBC recently. Ever since she saw the ad, my daughter's been pestering me to buy this cool Spongebob sponge. Should I be the frugal mom or help the stock by shelling out 14 bucks? LOL.
What's your take on FNM and FRE, both of which rebounded some, though nothing on the lines of AIG...
Thanks much!
Pixie
VFC's Take: Regarding SPNG, the company is going all out on the marketing front. Quite simply - the marketing will translate into nice sales numbers and handsomely reward shareholders or it will fruitlessly eat into existing cash and burn the company into the ground if the full fledged marketing attack does not translate into revenue.
Keep in mind that if the current marketing blitz does NOT translate into big sales, then a reverse split may be in order. If that occurs, I'd add shares on any dip post-split.
For the time being, I can support an argument for continued buying at twenty cents.
FNM, FRE: An eventual rebound is likely from both, but these companies are extreme messes and too closely associated with the federal government for me to feel comfortable putting my money in there.
Rebound stories are everywhere and I'd personally look elsewhere before considering these two as safe investments, although keep in mind I said the same thing about AIG - so do your own DD and invest accordingly.
Disclosure: Long SPNG, no position FRM, FNE.
What does this mean then, the trigger price is .09?
The 10K is due tomorrow and I expect they will be on time.
You beat me, I have 158,000.
Also note this stock was $5 after the R/S, and it's down to virtually zero! STAY AWAY!!!
You are right Ollie, .0001 will soon be here and so will another R/S. I urge any newbees to avoid this SCAM!
Good, I have a chance then to get some more $ wired to my account.
The only thing that's ever going to happen again soon is another reverse split. They will never produce any water, mark my words. It's all a scam imo.
No, I don't get it BUD!
You said, "Winter is coming so I don't see people outside washing their cars for very long", which is WRONG. There are places in the US and around the globe that can wash their cars all year long, and/or in the southern hemisphere during our winter. The company is global I believe.
I hope they don't throw away the keys, but give them to someone who will "stick it to them" if you know what I mean!
The 10K's submitted the past 3 years were all done on August 29th according to the website.
Wrong! I live in Florida and wash my car outside all year long!
The latest news is that bottled water sales are down significantly. Also, there are so many vitamin enhanced beverages on the market that even if they really did intend to produce this product (which we all know they won't) they would never get any significant market share. Ron, Steve, Ken, and the rest of the scammers know it and that's why after many, many years (7?) they still haven't produced it. They don't intend to, only scamming people out of their money. They are nothing but scumbags!
Get real! Pump and Dumps don't have real products and don't have revenues over $20 million per month.
Wrong, we don't continue to fall. It fell from .28 to around .08, but that was weeks ago. We are UP to .13-.14 since and holding STRONG. Only a matter of days now until we never see these low prices again!
Wrong, we don't continue to fall. It fell from .28 to around .08, but that was weeks ago. We are UP to .13-.14 since and holding STRONG. Only a matter of days now until we never see these low prices again!
Agreed! All this and Hasher thinks they are not legit!
Hash, I believe Bill and SM, I don't believe a word you say. We will soon find out who is more trustworthy. I'm betting on them.
Don't worry, the week has just begun. Much more time for more PR's and upward movement, especially as we get closer to the 10k in less than 2 weeks!
"Is all the manipulation by the short holders?"
Yes, IMO.
With 10 more businees days in the month, and probable increasing sales of the SpongeBob sponges, I bet they pass $30 million for the month of August.
The fact that I can go to several stores close to my house and purchase their products and see commercials on several channels every day proves that the management team is honest, smart, and hard working. The only blind sheep are those that listen to your nonsense!
Wrong, less than 2 weeks! I hope so, because I know it will be for a good reason to strengthen the company even further!
And this is the last year as a "startup", BIG company very, very soon. Watch and see!
I like to put things into perspective. I have worked for a company for 4 years that averages about $2 million in revenue each month. Yet, the pps is currently around $9/share. SPNG has revenues 10X or more than that amount, so to me I'm thinking the stock is WAY undervalued.
Agreed, I will tomorrow.