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Maybe they're getting reamed out by the SEC after their shadiness with SPNG. They continually banged SPNG trying to hold back the stock and drive it down...IMO of course.
Kind of interesting...the "fat finger" seems to be happening more with a lot less volume. But back when we had tons of volume I don't remember seeing one "fat finger". Almost as if a signal of some sort. IMO.
IMO...SEC never likes the little man, like us, to find a gold nugget and cash in. Only the pigs on Wall Street get to make big money. We have to scrape and claw for a dime. God forbid the little man hit the lottery.
******HEADS UP****** My ETrade has after hours listing it down to .02 a share at this point. First sign I've seen since the suspension.
As if a sign or maybe a karma rub in my face, but driving home tonight I heard a Spongetech commercial on the local radio station that carries the Redskin's game. The last part said "to order go to Spongetech.com/Redskings. I listen to this station all the time and that was the first time I had heard that spot.
So...it just sits there without anybody being able to purchase or sell or...what? What a fking nightmare.
True dat. Shocker still no 10-K or any kind of answers. What fking joke. I'm so over this crap. I have my hand on the trigger/handle to flush my shares. Ah well. God forbid I turn a dime.
LOL...can't wait to hear the results.
Thanks for some honest easy to read advice.
Thanks for the reply. Also it looks like ETrade has got their stuff together. No reads SPNG and they've reset to the last trade of .061. Which seems like years ago.
School me a little bit...why does it automatically have to go to the grey sheets. What if by some miracle the 10-K was a bombshell. It seems to be written off before any "official" reason.
It sure does. I have money in Dendreon (DNDN) and that was one hell of a ride. Then to read the investigative backstory had me even more incensed. I'm hopin SPGN pulls through but teetering on doubt.
Why do I feel like I'm watching a football game and several penalty flags come out. The refs get together and then decide..."Offsetting penalites...replay the down."
I feel ya. My Etrade is showing last share was .156 Friggin' pipe dream. I know next Monday mine too will read
-100%.
I keep hearing about this "e". When they added that what did it mean?
I like that idea as well. I called Bill Young and his instant voicemail is pretty much the same thing. He didn't want to talk with any investors because they've been running back and posting false conversations on websites. We'll know when we know.
*****INTERESTING**** It seems on my ETrade accounty they've zeroed out my SPNGE shares leaving me with -100% gain. But my account total is a total with that added in. Weird. Almost like a refund at this time. Anybody else notice this?
I agree. I think we're looking at a company that has taken off so fast that there are a few that want to tear it down. It seems to be the new type of investing.."Destroy companies for profit." Goldman Sachs did it to Bear Stearns and Lehmans and a-holes will do it to pennystocks. I'm over the so-called SEC "gonna clean things up" despite the fact they still can't/refuse to follow an easy paper trail to find out who started the perfect timing of shorting certain big financials. Now they step in on Spongetech and flex. Okay SEC show me something and actually punish the real "bad guys". Prove to me we learned something from the last two years and help a small company.
Amen brother...
Is the uptick rule in effect? If so how convenient that when we come off suspension we are in an uptick.
Hammer meet nail head. Nicely stated ELEA.
I agree. Great post. I think this thing took off a lot faster than they could've imagined. There are many aspects to running a business and few small business owners are great at all aspects. Hopefully with D&T aboard things will get sorted out and put on a successful and profitable track. What bothers me is with the way the economy and the country is, there are people that want to tear down cause financial ruin to business owners and investors. GO SPNGE.
That's what I couldn't understand. The cost of the advertising not too mention the high profile. I mean the NFL and US Open alone were monsters.
So first it was bad news about the R/S and the stock went down. Now the news is it's cancelled and that is also bad news. What a weird fked up stock. My kingdom for the 10-K so we can get over all this debate.
WTF!...shocker our hopes are up and then dashed. As if nobody wants the investor/little man to make any type of money. I've been in it long but this flat out...sucks. I hope the shorts are getting their jollys.
Can anything good come from this or are we watching our investment go up in smoke. I've been in it for the long haul but the speculation is killing me. This reverse split just doesn't sound good.
I agree with you on the point of CXAC product and their growth potential..that's good news. No more SPNG talk.
he was definitely live...wow that is incredible..not sure what it's going to take for this thing to finally take off..but having stern prime it even more is great
I'm not sure. I know you couldn't do that on regular/terrestrial radio but on satellite it may not have any consequences. But I've been listening to Stern forever and I don't think he'd make a statement like that. He has rarely talked about his stake in Sirius stock.
I made a post a few days ago about the ad on Stern's show. Glad to see he's still reading it. Didn't hear anything about him promoting the stock though.
Do we think this will be an after hours release or during market hours?
On my way in to work I heard Howard Stern reading a Spongetech ad. It also was on the XM Radio screen. Nothing like having Stern reading an ad for your product. Feels good. Ba Ba Booey
What is best case scenario with this 10-K???
Hey everybody. Got my mail yesterday and it had the Spongetech ad/coupon. I'm assuming this was a country wide mailing. I live in MD. I've never seen any type of mailing like this with stock info about the company. But I'm loving it. GLTA tomorrow!!
Yeah...news would be nice. I mean, what sparks something like this with no news?
Hey guys..can someone give me a quick snapshot of a best case scenario for this 10-K and what would be a bad scenario. Thanks.
I think I'll adopt those goals...lol.
And the beauty of it is people were laughing at the teams that were being used. But what they failed to notice is that one of them, Cincinnati is on HBO's Hardknocks. And every episode all you see are tons of jerseys with Spongtech on it. I especially love the close ups when they're talking to the players. The logo is right there. So the company is also getting an HBO audience. I love it.
Hurricane Bill ain't got nothin' on Hurricane Sponge.
Hey guys..I"m in the MD/DC area. Was watching the Redskings game last night and they ran the Spongebob/Spongetech commercial during the third quarter. Game was on NBC. GO SPNG.