Spongetech Delivery Systems Inc (fka SPNGQ)

[ozz112]

I sold about half my shares at .25 before the down turn to cover my entire cost of investment so rest would be profit. After the crazy sell-off, I bought again easily at 8 cents triple the shares I had just sold. This is a solid stock...no reason to be using stop losses on a stock like this especially on the OTC. They will run the price down and clear all those shares out and run it right back up and sell them again. As many have said, put the price you are willing to pay well ahead of the ask price. I learned this the hard way on another stock. They won't generally charge you what you put, it will go through at the current ask.