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idowonder

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idowonder

Re: None

Monday, 06/15/2009 10:45:07 AM

Monday, June 15, 2009 10:45:07 AM

Post# of 346917
SpongeTech (OTCBB: SPNG)- Another Shake
According to HotStockChat.com


June 15th, 2009 | Author: TomAllinder
The early going on SpongeTech (OTCBB: SPNG) is shaky to say the least. I said volatility would rule this week. This stock is going to scare a lot of people out and the professionals know that.

It is key again to look at the .13 level. A close- I repeat a CLOSING PRICE below .13 would not bode well longer term.

Even though the stock is trading in the .11s here a little after 10AM eastern time, it could rally well above the key support level at .13 by the end of the day. Only time will tell.

By the end of today, we will know a lot more about SPNG’s future.

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