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Against who and what probable cause?
Ha ha! Wait till the short squeeze, then get back to us.
It's been said by Steven Moskowitz, "anything that goes in a bottle can be put into a Sponge(tech)".
I'm not afraid of "air shares"...
In fact at this point I prefer them to certificates. They are easier to trade.
Most if not all the certificates are all out and accounted for. Very few if
any ever make it back to the brokerage houses. Try getting them...see what
they tell you...or see how long it takes to get them.
Crystalballtz, I know you're writing using a metaphor...
The only shares of SPNG you could have in your pocket are "air shares".
Everyone knows there's no certificates available.
We all get the point...
Uglytuco, I don't get your complaint!
You're up 823% in a matter of a few months. Where else could you have done to make that kind of money? Did you negotiate any of the contracts where the sponges are being sold? Steven Moskowitz doesn't even take a salary or other compensation for what he does. Everything they've done has benefited those who own shares.
I know you're not a basher, but you are whining. Either be patient and let this thing run its course or get out now and take your massive profits.
Somehow, many on this forum erroneously think SM & DF had something to do with the drop on Friday. From what I understand DF was responsible for the recovery, which we all benefited. How 'bout showing a bit of gratitude to these guys instead of complaining about them so much. This goes for everyone else with this mindset as well.
Good luck to you, Buddy,
Jim
WRONG! The buys & sells are exactly the same.
That what makes a changing market. The difference is at what price, the
buyers & sellers get together. Many people get that mixed up.
The only way I know how to short a penny stock is overseas. I'm sure there are other ways too. The question posed was how to buy "fake" shares. My answer was a bit tongue in cheek but you get the idea. There are few if any real shares trading. Most if not all certificates are accounted for. If you don't believe this ask your brokerage house for certificates...good luck in getting them.
TavyCal, you can get them from any brokerage house...
Virtually all the shares traded are fake, at this point.
When you consider most, if not all certificates are accounted for, what else is left?
Your futile attempt to give the naysayers spin failed miserably.
Go into virtually any Walgreens, CVS, Petco, Petsmart, Costco, Ace Hardware (on line), Walmart & Sam's Club (soon) Target (soon), SpongeTech.com, and many more to follow. There's about 25,000 outlets. How many more possibilities were you hoping for? This should be a good start...wait till later in the year, I'm sure there will be thousands more outlets.
This why I will close my account at Scottrade.
This is at least the 3rd time they've done this.
I wonder if it has anything to do with NITE...
Hummer81, Thanks for the info on TD Ameritrade.
Many others are saying the same thing. Socttrade seems to be
the worst. Not only that, they are connected to NITE is some
way.
Frank, thanks, you confirmed my doubts of Scottrade.
Jim
Same for me. IMO Scottrade is just as crooked as the MM's. I tried to buy in the .12's on the second drop, and would likely have gotten them. Instead, I spent 5 minutes on hold waiting for the local manager to place my order. As a result I got nothing. I will close my account at Scottrade soon. TD Ameritrade is suppose to be one of the better places to trade.
I'll take the bet we exceed .295, if you're offering!!!
PT, I think you're right.
The usual suspects were at it again today.
Did you see all those trades from .17 - .24 that ended with
99. Someone was trying to keep it below the next cent level.
IMO, their initials were GNLR...lol
It's one of the tricks the MM's use to discourage longs.
I don't think many on this forum will fall for such an
elementary ploy. After hours it will usually stick...by then
who cares what's posted. Everyone knows where it closed.
Houston Astros & Chicago Cubs...
#1 play on Sports Center tonight...fly ball caught in center field...behind home plate...you guessed it "SpongeTech" ad.
Everyone knows by now they like selling their air shares at numbers that end with
99. No surprise from anyone here. You clearly identified that this morning.
They're still at it... .2199.
Don't you think that's a subtle signal to the other MM's?
The decimal point to the left... as in dollars per share, not fractions of a cent.
The obvious is they print more, at even money.
Wait till they have to move the decimal point to the left again...
The obvious is they print more, at even money.
Wait till they have to move the decimal point to the left again...
The obvious is they print more at even money.
Wait till they have to move the decimal point to the left again...
itsonlymuni, Now you've got me really confused...
If what you say is true...why do you continue to knock this company and management. Aren't you the least bit grateful to them for creating the opportunity to make money with this stock? Let's face it; none of us have a fetish for sponges...we're in this stock for the return on investment, which has been massive for most, if not all. There appears to be a lot more to come. Why would you continue to make a fool of yourself by nitpicking about an expanded share count, filings, etc. with no basis of truth? You're looking for some intrigue and conspiracy, which doesn't exist.
The only conclusion one can draw is, some how you are influenced by an outside force in a futile attempt, to bring the PPS down. Unfortunately for you and "them", the market dictates otherwise.
You are and have been so wrong, it's time to acknowledge you don't know what you're talking about. You should even apologize to investors that have been influenced by your rants, missing opportunites of investing in this great company.
Probably tomorrow or Friday.
phrantic, it doesn't change my lifestyle either way.
We've all had sleepless nights over the past several months.
They were all worth it, and more. I agree the rocket ship is
still on the launch pad, only reving the engines. Wait till
this blasts off. Fasten your seat belt...enjoy the ride.
itsonlymuni, Come on. Get past this dilution nonsense.
What difference does it make, IF true. The stock has advanced
2500%. You've missed the whole move because of your neurosis.
There's still a lot of money to be made here. Just get in...
It doesn't matter if you're late ...just do it! In spite
of the "high" prices, I plan to get more tomorrow.
There are many great people on this forum that have made
fortunes and will make a lot more. You might as well be one
of us. It doesn't matter if you are a naysayer, paid or not.
Why not make a buck on this too?
I guess it'll do the job, OK.
That's an awfully small steamroller...considering
the size of the NSS position...LOL
I just bet Stratford a cup of coffee...
it'll be .18; he says .20, today. I hope he wins!
IMO, the MM's will try to keep a lid at .14...
Once that is breached, it's off and running.
Be STRONG, Stay LONG!!!
itsonlymuni, what would it take...
for you to buy SPNG? Anything? Or are you committed to going down with the NSS's.
itsonlymuni, what would you, with the information.
You're still a naysayer at the end of the day. I'll rely on the latest numbers of 722.9M, until something else comes out. Even then, I'm not selling my shares. The O/S is only one of many factors in determining my investment decisions.
Gasinvest, GREAT ADVISE!
Wadi, the greed factor overtook them as well...
If you consider the short selling started 2 years ago today at ironically .14 cents, they could have started to cover anytime this year through, say April. They could have made $millions. But no, they wanted to see this company gone, gone, gone.
These MM's may also want to reconsider having computers, and dope smoking, crackheads determine their trading stratgies in the future.
Wadi, that's why you get the BIG bucks!
I hadn't thought of it that far...but you're absolutely
right. Back in February, I begged the NSS's to get it
sub-penny...they accomodated me, I bought several million
shares. They accomodated management, helping them retire
shares making ours, that much more valuable.
A BIG thanks to SM & Co. for their stroke of genius!
Maybe not this discussion...
but something just as absurd.
Wishful thinking to some degree.
However, stranger things have happened with other penny
stocks. With the potential of a massive NSS coupled with
unanticipated events, SPNG has unlimited possibilities.
I doubt I will still have my position at those prices.`
rdailey4, many have made more in the past 10 weeks
than they have in the past 10 years. The bashers
know this for a fact. Unfortunately for them, they
still don't get it. In a sense we have to be grateful
to their bosses. They have depressed the price so low,
many of us bought shares sub-penny.