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Shake and bake, watch this rip up!
SNGX
Kronborg
Huge buy volume pre-market, don't get caught chasing the ask!
SNGX
Kronborg
Huge buy volume pre-market, don't get caught chasing the ask!
SNGX
.06's up playas pre-market
SNGX
Kronborg
pre-market buys!
SNGX
Kronborg
In the past 3 years this stock has traded an average price of about .25 cents, so this drop was uncalled for.
SNGX
Kronborg
Short interest ends today, report due in two days and then another 8 to 9 days for the public to see it. It is lagging indicator but we did get some shorting today although hard to pinpoint due to the way the American system works in routing.
Short interest was higher than the average daily volume so naturally with today's super high volume assume shorting was super high because shorts figure it is easy money but so will having to cover make it for us to get a good climb in the next few trading sessions.
20110915|SNGX|15300962|0|56530393|O
SNGX
Kronborg
Short Sales
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Aug 31, 2011 321,188 0.00 265,731 1.21 No No
Aug 15, 2011 321,187 -0.40 1,049,900 1.00 No No
Jul 29, 2011 322,461 -8.74 923,437 1.00 No No
Jul 15, 2011 353,353 -1.31 2,175,420 1.00 No No
Jun 30, 2011 358,048 11.37 1,177,951 1.00 No No
Jun 15, 2011 321,496 -6.23 129,050 2.49 No No
May 31, 2011 342,866 3.76 271,361 1.26 No No
May 13, 2011 330,446 -12.07 423,451 1.00 No No
Apr 29, 2011 375,820 7.28 528,273 1.00 No No
Mar 31, 2011 365,503 3.85 753,052 1.00 No No
Mar 15, 2011 351,951 4.74 220,267 1.60 No No
Feb 28, 2011 336,011 1.82 1,434,705 1.00 No No
Feb 15, 2011 329,996 -6.66 250,062 1.32 No No
Jan 31, 2011 353,537 1.35 340,116 1.04 No No
Jan 14, 2011 348,842 -3.53 272,140 1.28 No No
SNGX
~Kronborg
True, let me check short history to see how long they tend to hold their shorts. Most of the time they only hold for a day but haven't reviewed this stock. However, keep in mind they were shorting this stock before equivalent to the entire volume in a day.
SNGX
Kronborg
If those shareholders load up again this will easily pop to .10 cents tomorrow.
SNGX
Kronborg
Same to you :)
SNGX
Kronborg
We have not seen instiution or big investors here today except those selling hehe. When those people start buying this will fly as the demand will be too high for the supply. Basic laws of economics.
SNGX
Kronborg
Yeah no biggy, just average down on the bid when it's slow and or on the ask while it's moving quickly and flip it higher than bid sit, eventually you can cut down your average and reduce most of your losses. Cash is king during these troubling times, so if you are liquid when an opportunity like this one comes around you are golden.
SNGX
Kronborg
Leucro has been busy but he says last chance to get .0001's here. Next week they will be locked out and if you want shares you will only have .0002's to buy.
TSNP
Kronborg
Seriously, lol.
SNGX
Kronborg
Haha, you will be chasing the ask tomorrow come donn't lie!
SNGX
Kronborg
Where is street trader? Anyone seen/heard from him? I'm hoping he will be right and this trades to .005 haha, so that I can load up the barge :)
MEDT
Kronborg
She can hold .0057 50MA no problem.
MEDT
Kronborg
This closed at the high, .06 was not a regular order. Very strong close, tomorrow she runs hard.
SNGX
Kronborg
See ya tomorrow at .10 cents.
SNGX
Kronborg
Load now what you can, tomorrow big gappa!
SNGX
Kronborg
Big time gappa tomorrow!
SNGX
Kronborg
Ask is under heavy assault!
SNGX
Kronborg
about to hit .06 cent close which was my prediction this morning.
SNGX
Kronborg
A PR after hours or pre-market tomorrow would send this stock soaring up. People panic and hit the sell button without knowing what's going on and then when it sinks in even the same previous shareholders will load the boat at bargain prices.
SNGX
Kronborg
Who bashes a company with almost $10m in cash between cash on hand and grant while it's down 82%? People I tell you.
SNGX
Kronborg
LMAO, he didn't get his entry point but probably did blast the ask :)
SNGX
Kronborg
Ask getting assaulted by askblasters!
SNGX
Kronborg
.06 cents coming!
SNGX
Kronborg
.05 cents up!
SNGX
Kronborg
Ask gonna get slapped right back to 5's range, watch or buy lol.
SNGX
Kronborg
She's climbing back to the .05's range any minute now.
SNGX
Kronborg
Me too.
SNGX
Kronborg
and also the ask is super light right now so any money will take her high and still be way lower than yesterday's closing.
SNGX
Kronborg
This baby could potentially gap up 100% tomorrow and still be down almost 61.5% from the drop. Almost sure money in your pockets.
SNGX
Kronborg
Seriously 82% down and he's talking about a bloodbath, duh!
SNGX
Kronborg
Shake and bake, -80%+ is not justified ever.
SNGX
Kronborg
Those same that sold will come in now with x4 to x8 the buying power they had yesterday.
SNGX
Kronborg
Doubt it, just shaking weak hands here before it rips up again.
SNGX
Kronborg
ETMM selling 4m shares @1 and CSTI 14.43m for a total of 18.43m 1's. I don't know how to do what you ask.
TSNP
Kronborg