Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

huggarags, no way do I think the primary shorts are covering. If they are short 1b+ naked shorts you'll know when its happening, right now I think this is just bigger investors as carpe has suggested, getting into the market. The funny thing is, is that to hold back the buying I think the shorts are actually digging their grave deeper and selling more.

When the shorts start to cover you'll see the price of this stock doubleing daily, I think there will be very little at the offer on L2 and an extremely wide market when they start to puke, because I'm guessing the MM's are not going to be offering shares unless its for people getting out.

YOu'll know when it happens, they at that point won't care about price, the margin clerks just want to get the orders done. It'll be alot of fun, I suggest you have your offers working way up there, 5+

IMO