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GG, I've just bought more on .029( at the ask). I remembrr you bought some pretty low. WHy don't you spare yourself the headache and sell it. It is not good for your health as i can see it. Although I care about you making money, I would rather you tend to your health. It doesn't do any good if you make so much money if you can't use it. So, What if the company sell some more share to RME and not to the float? This is Okay with me, as long we can buy it back from RME at .018. The company has been making a lot of money their 1st Q will= to their 10K of 2008. Right now they need to have money to cover their 35 million(future order). They will need money. IF RME (CEO,CFO,and frank) wants to fund the company for shares, I second that. As long we don't throw it in the float, this is great. Anyway, we just have to wait and see the 10q. If they are what the CEO say, then fine. If not, we will go from there. The company main mission is to market their product and when they can get a a big contract, then they will need money to get the order out.As for when the company get their money on the order, that's is none of our business. We all want a fast buck. That's nothing wrong with that. But, this won't be a fast buck. The company mission is too big and compromising that mission in anyway because we want a fast buck is not going to happen. IF you can find a better deal than this, by all mean, go and get into it. GLTA........long
Dart1961, Can you give us an insight into your world of TA. What prediction would you make from the last black candlestick of September and the one today? Thank you in advance. GLTA longgggggggggggggggggggggggggggggggggggggggggggggg
Hi JIM, and all long....The Feeling is mutual JIM. I hope we all will get to hang out together for a beer and plan another lasting endeavor. Good LUCK to all. Don't drink too much cause I still want you guys to Cheer on this board when this stock soar to the moon.............................lol
Jim, you have my vote on that. At the present time I do have the intention of holding it long. Unless you and other long here think the fundamental has change, I will be here holding my shares. Spongetech has the potential of becoming the next J & J. The only difference is their delivery system will bring convenient to our current lifestyles. That just because we are getting lazier and greener( this is a real reason we should change). There is nothing wrong with this I assure you. The company thinking ahead like this give it a competitive edge over others. Most of us think we can get into the dollars and they are right. The application are endless. The company just have to continue to be creative and open up to suggestion/ideas. Yesterday, i read someone on this board post an ideas for camping sponge (soap). That doesn't stop there. I think we can have Women body bathe with the same sponge. How does tropical scent sound to all of you. How about bubble gum scent for puddle pal. Yes, we long all have an idea of where we are today in this stock. Imagine the possibility. What did Barney say? " IMAGINATION.
I agree MJC! I have been on this board for a while but can't contribute much. But you and other longs have been turning negative comment to portray it like it is. Although sometime I thought you were on the basher side. But I realize you are just showing your frustration. I would be too if the stock continue to fall on good news. But seeing the company have not change since I bought in the 5's. I continue to witness my stock depreciation. Buying at the HIGH and selling it at the LOW doesn't make any sense as long the fundamental has not change. I hope everyone that is long here will see the difference between this stock and others. IT makes MONEY..... GLTA
Have a good weekend Jim. It was nice to listen to a voice of similarity. Thank you to all poster today. I saw the last 15 minutes of today trade and got very excited. It is almost like that feeling you get when you hit triple at the las vegas slot machine. But after the adrenaline was gone, I realize I've just put some money into ma scottrade account today. Happy that most of you guys got into this stock at this price. I was hoping i could have gotten in today. Oh well, if I can get into the dip on Tuesday I will be happy again. I just don't want to chase the stock up. I have some already. But, it doesn't hurt to add some more at the low. GLTA and long.... Thank you all for your input on this stock everyday. But sometime I wish some of the poster stop beating the death horse. It just get old after a while that's all.
GG, the tile sponge is on sale on the website since yesterday. Just go to the home page and click on buy now and you will find it on the bottom right side of the screen. GLTA
http://www.spongetech.com/index.php?option=com_frontpage&Itemid=1
The above link will get you to the home page. But you have to click on "buy it now" to get you to the page for the bath/tub/pure gold product.
HI FFF, Do you own any SPNG stock? I'm curious why you are on this board if you do not own any. As for me, I Do. I'm not happy that the stock is down this low. But if it is unfortunate to get down to .01 I will definitely buy more. I just need more time to get more.
Also, another question. Do you believe shorting exist in our stock market? How about naked shorting?
FOR all LOng...... You can order the Pure Gold/bath sponge on Spongetech.com now. Just go check it out.
GLTA and longggggggggggggggggggggggggggggggggg.
Again, I can't prove it exist and you can't prove it doesn't exist. But I can prove it does exist in the big market. But i'm not telling.
Good morning everyone. FWIW, I've just called scottrade to get my shares move from Margin to cash account. At first they want me to write a letter to do that. When i mention that "i don't want my stock lend out. They mention the word "short". I cann't recall what they say. But, reading between the voice and the word they say, I can bet everything that shorting does exist in the stockmarket. Some of the people here have ask whether or not we can prove this. Well, let me ask you this, can you prove your dad is your biological dad( this is not the best example but it is all i can think of)? Anyway, give your broker a call and ask them to transfer it to your cash account. Unless you are using your margin account. I don't know much about this, but WAD is the person that i read about on ihub and yahoo. GLTA and lonnggggggggg PS. I'm not too happy about the share price. But , the fundamental are still there. Whatever the CEO has say so far have been true. I cann't wait to get the tub/kitchen sponge to try it out. As for uncle norman pet sponge, I don't have a pet. If you think the product exist, but a sponge and find out. I bought the auto spong already, and they work great!
Sorry for some typos. It take me too long to write. I wish I can type like DOOG and whiplash, jim, and wad.
Good morning Phrantic, and all Sponge Bobber. I spoke to my brother the other day (he called me again). When we were trading high volume, I've noticed there were a lot of 5000 volume order. I'm not sure what to think of it. But I can bet your bottom dollars that the MM were selling and buying to each other. When They did this they tend to sell it at a lower prices. This itself scare the ^&847shit%%%%%&%^ out of me. Seeing my shares going out for that prices. Can you imagine what others were thinking when they their shares going down in values. I don't think a lot of share holders see this pattern. It is too bad that this is happening. I think the world should be a better place to live in but we have no control of this. We are just a big speck in this world and whoever can tolerate the beating will make it out well. I will be selling my shares for a profit not a lose. Carpe is right. "There aren't a lot of people who were ever able to buy their shares at such a low point. Most of us probably got our prices is the 3's,4's and 5's. I did! I was trying to average my shares down. The fundamental still exist as I bought my shares from the 5's to the 2's. Again, it is not fun to watch it everyday, especially when it is going down. My brother, from houston, could take it either. He called me to tell me that he sold his shares for a lose. He bought something else and almost double his money ( this is the same person that called me to me that SPNG has a competitor and they are on TV with uncle Norman pet spng...hihihihii.) FWIW, he was the one who sold 600K shares at a lose and made some money. He told me spng was making him money. Like you, he too doesn't have the patient. However, he will but back this monday. Not as much as he did, but will buy some shares. Nothing was then not knowing what is going on when the shares values is going down. This is when you start to speculate. It doesn't help when you have others telling you that the company is a scam. If you notice this as you read the board, some peoples are on the board to bash the stock. Do they have any reason to do so? Probably. If I was a day trader, i could make some money with this stocks when it is up and down a few tick. But they are just pennies in a barrel. For those who don't understand the concept. Figure it out. It cost me $7 to buy 5000 share of. 5000 shares at .023 is $115. For every .001 tick you will make 2.76 dollars. This is not enough money to make for regular traders (this is MM at work). But for day trader, if they buy 100K shares at .023, they can make 100 dollars at every .001 tick. I hope this help for those who didn't think about this concept. Also, NSS and shorting.......this is where most of th e shares is coming from to support the sell and buy. This in itself give it volume. We will never know what Naked are planning. But they are hoping that we will sell into their "panic making concept". GLTY and all long
Phrantic.... The stock market is a tough business industry. It has work like this for a while. The system for sometime now has been corrupted. Whether we chose to believe it or not it does exist. Otherwise our friend FFF would not comment on naked shorting at the end of his message. If shorting doesn't exist, we would not be talking about. Not here or in Washington DC. It is what it is. HOw would you you phrase it in history class...IT 's our way of life... Sometime I'm doubtful myself seeing the stock down each day. It does take a toll on you if you watch it day after day. Just hang in there. I have all my money on this stock. It is all i have after I lose it all on MSITF. I still own it and probably sell it( in the same year i make money on SPNG) for tax purposes. As of today, I am $200K deep in MSITF. I "think" SPNG will be different. We just have to wait for the 10Q to come out and go from there. I'm not sure if any long here recently speak to the CEO or CFO, maybe they can share some of the information with us. The company does have a product and many other product in the future. I don't want to call management because I think it is not wise to waste their time runnung the business. This is why I read the board. Hopefully to see any update from people who have call. Hang in there. FWIW, it is tough to stay positive when your money is not in your hand. But, you can only control what you can, that is continue to do your DD. GLTY and all long
Thank you whip for the description to "short Squeeze". Can you do me a favor, when that days come, Please write and let me know. Much appreciated! GLTAL......
MJC...How can you tell/know it is a short squeeze? TYIA
GLTAL
Congratulation Wad. I'm waiting for my money to post before i can get some more. I hope i can get some more at your price. I hope the company can get some more too. They say shorting doesn't occur in the Finacial market. So what is it that we are hearing in washington this morning? I will tell you all this, with the amount of money that we all put in our 401K, every last stock in the market should be going up as long they file their 10K and 10q. But this isn't happening. There are too many crooks out there that are using the shorting tactic to scare off regular investor. If they continue, we won't have any money to retire on. This is what it all boiled down to: Continue to short and there is no 401K to retire on. GLTAL
Hey doog. Do you whether or not mets will still play the wild card? They lose today and Brewers won. I'm not really familiar with baseball. I hope they are still playing! Keeping my finger cross for your reply. GLTAL
Good Morning Long............A couple of days ago my younger brother call from Houston. It is unlikely of him to call me and didn't leave a message. Anyway I've called him back and he sound very worry. He told me Spongetech has a competitor. I was worry when he told me that. He say that he saw the add on the TV and it stressed him out. I asked him what was the AD. He say Uncle Norman sponge is on sale. I LMAO and told him just go back to work. Its okay. That is one of the product by Spongetech. The company is a subsidiary of Spongetech. My brother has every right to be stress out because I told him to sell all his stock and take the money to buy Spongetech when it was at the 4's and 5's. After it came back down to the 3's I told him to buy more. If you were looking at the stock everyday, it wouldn't be very healthy because the up and down would even churn ones stomache.
As for the Game today and tomorrow, I hope the METS will win both. This will give Spongetech more exposure into the market. I never watch baseball before, but i will go to the Sport Bar and try to watch it since we don't have TV/cable at home.
As for you FLAY.., If I were worry about the OS, I would just sell the stock and move on. There is no reason to hang around and waste your time. Life is too short. Enjoy it while you can. If you need a friend get a dog. But don't try to save the world because you think what you know is a lot.
The stock marker can be overwhelming for some people. And that is just because we have people out there is trying to make a living out of it. What ever way they think they can make money, they will do so. Whether it is right, it doesn't matter. Some are not priviledge to have a good up-raising. For some of us who do, Do your DD and participate and believe in it. Don't let other tells you otherwise. There are fraud company out there and at the same time company that are trustworthy. We don't know who they are. But your DD should at least help you make the decision. Anyway, GLTA Long.........................
Baseball playoff scenarios (records through Friday):
AL Central
If the Chicago White Sox (86-73) and Minnesota Twins (87-73) are still within a half-game of each other after play is completed Sunday, Chicago must make up a rainout against the Detroit Tigers on Monday. If the White Sox and Twins finish with the same record, they would play a tiebreaker game Tuesday in Chicago.
NL East
If the New York Mets (88-72) and Philadelphia Phillies (90-70) finish with the same record and both have clinched a playoff spot, the Mets win the division and the Phillies are the wild card. If the Mets and Phillies finish with the same record and the Milwaukee Brewers (89-71) win the wild card, the Mets and Phillies would play at Philadelphia in a tiebreaker.
NL Wild Card
In the event New York or Philadelphia ties for the wild card and cannot win the division, they would host Milwaukee in a tiebreaker.
Three teams with same record
In the event New York, Philadelphia and Milwaukee finish with the same record, the Mets and Phillies would play a tiebreaker at Philadelphia for the division title. The loser of that game would then play a wild-card tiebreaker against the Brewers.
Thank you whip for giving him the challenge. Somebody needs to put him in his place. If he doesn't know it, he should ask instead of trying to sound intelligent. As for you TAK, I'm happy that you bought some more shares at that price. But, you need to stop bad mouthing the CEO when the stock goes down. I don't know why some people tend to shoot themselves on the foot for. It it your stock! Either sell it and move on or take the pain from trading. Take a chance and hope for the best. GLTAL
Hi everyone, especially wpo,rob,BBB,turbo,gg,carpe,turner,jim,dog,big, and whoever is long here. I've been reading here for 2 weeks now. I got very excited when I read Ihub. I've been reading over ragingbull, but not alot of action there. Bought some share when it was in the 4's and 5's. Bought some more last week and this week.I've lost money in pink before and don't mind take a chance on this even though i've been down more than 15K. I wish i have more money for more shares. Lost over 100K with MSITF. Long story short, NSS and death spiral funding. I hope you long will hang on your shares. I will no matter what. I am emotional with this stock and will not care if it go down because NSS. Whether it is true we don't know. But we do know that everyone here has a motive. I do too, greddy! I want to be able to retire and stay retire early. I've ordered a car spong in april and didn't use it until August. The sponge i got was on special, green( just to prove they exist). I've tried to use it on my Mercedez in august but was quite disapointed with it. There wasn't much foam in it. I got very furious and wrote an email to Steven M on saturday and got his reply on the same day. He say to send him my address and he will send me another one. The next day, i got the package. I didn't use it until two weeks ago ( this is why i bought more shares). I was very happy with the results. Steve M was very courteous. He didn't ask me anything other than my address. Instead of worrying about what i've order, he send me the big package instead. Total quality management, IMHO. I can't write if my life depends on it. But i will tell you this, If Steve M can take your complaint seriously, and he doesn't know who you are,the man is already trust worthy. We have a lot of day trader here who is interested in making a living out persuation. This is what it is. Make your decision. Do your DD and take an extra step in calling the appropriate person for info. The long here have made many comment that sound right and it is up to you to go and validate their comments. Check the audit 10K for information. If you have question, call them and find out. Organize a group and get someone to get the info. If the company continue to come out with require income statement(audit), this resource is no different from larger company. So far, for a small company, whatever the CEO is saying, everything seems to be true. I can not prove that the stock is shorted but why do you think they come out last week saying that we can not short financial stock? OR why did i receive an email saying we need to cover if we short stocks? GLTA ....Thank you all long for your opinion.