InvestorsHub Logo
Followers 19
Posts 2494
Boards Moderated 0
Alias Born 02/21/2001

Re: wdhotcakes post# 110643

Saturday, 06/13/2009 5:45:26 PM

Saturday, June 13, 2009 5:45:26 PM

Post# of 346917
IMO the bounce was short covering, "the group" obviously shorted the top in big way and then started covering at the bottom , they made a fortune at the expense of retail investors , killed the momo , hurt the newly built cred , and added a another red flag.... SPNG is making money , growing , doing well, but when you get into business with folks that have long history of alledged stock manipulations this is what you get , does not matter how great the company is , a penny stock promoter/manipulator is controlling the action and IMO the group showed all of us SPNG investors just who is in charge of this stock.... They can crumble it anytime they please and make double or triple the money , like the huge run was not enough , greed is not good in this case , IMPO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.