Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

Phrantic: CALL THE SEC, REPORT THIS. They were offering this down triggering stops and people to puke to them, then they didn't honor any buys because they are already short tons. There job as a market maker is just that, to make a market. They manipulated this market plan and simple, its outragous they were not filling bids.

Management needs to pull the trigger already, what the shorts are doing to us shareholders is horrific. They need to do anything to start the squeeze.

I'm guessing the firms like etrade and TD who probably have huge exposure to the short position cheered what happened. The fact they were trading through peoples bids is incredible. CALL SEC GUYS!!!