Thanks for the replies.
Rook...
Our well knowing, at this point, what Friday's action was all about. Profiteering. Playing both the long and short sides. Having talked about it in detail. The run-up. The manipulation. Folks such as 'The Dean' and T. Sykes with their self-serving 'analyses' setting the stage. The follow-up FUD routine. "The sky is falling!" The short side. The profiteering.
Classic.
And while the trading dynamics were altered, the fundamental picture has not. Other, that is, than today's welcome formal word. Fiscal '10 marketing ramp up. Friday's action serving to see SPNG under that proverbial microscope. And all to the good.
The hostile takeover mention amounting to a 'food for thought' situation. SPNG being a choice takeover target. An entity(ies), domestic or offshore, seeking to capitalize on a golden opportunity. Gaining leverage at the very least. Anything being possible.
The longer-term trend being unchanged. Our knowing well what the future holds in terms of growth/expansion. Projections and guidance numbers to be released continuously. Keeping shareholders informed. Numbers being the key. Forward periods realities. What it's all about.
The underlying venue lending itself ideally to the type of manipulation witnessed. Profiteering. Self-serving short side antics. Those involved caring not a whit for the innocent others caught up in the criminal behaviors. The lies. The deceit.
Risk/reward being one thing. SPNG undergoing a legitimate trend reversal, for example. Fundamental/operational reasons. Deliberate manipulation being a whole 'notherr matter. Nothing (ahem) short of daylight robbery. And can't happen again. For obvious reasons.
And had the manipulation not been? Well, in line with our latest PR's, market level would be at $0.50 plus and climbing. But the underlying venue is what it is. Manipulation going with the territory. And the very reason why management is so gung ho to say goodbye to same.
With it looking, at this point, like we're talking about a merger. And not necessarily with an NCM component of fitting operational focus. Management could well set their sights on a company with a failed or failing business plan/model. A company distressed/struggling. A company interested in a change of operational direction. One of those at sub-$1.00 trading levels. Being entirely open to merger overtures from SPNG.
And for those who might not be aware…
The NASDAQ Capital Market was formed from the NASDAQ Small Cap Market in 2005.
It's definitely shaping up as being the best option. A merger. The move to a listing being essential at this point. SPNG growing/expanding rapidly. A distinct need of the exposure that such a listing would offer. Investment community interest. Analysts of actual merit. Unlike the above-mentioned self-serving jokers who worked so hard to bend reality on Thursday and Friday. Caring not a whit for others. The innocent.
And if not a merger then an acquisition. A mutually beneficial deal with an NCM component with failed or failing operations. Distressed/struggling.
The bottom line being that we need the listing. By whatever means. Needing to happen. And soon. SPNG being taken seriously by the big money. In need of a pps representative of company true value circumstance at the very least. Getting the company listed. Successfully achieving longer-term goals. Targeted gross revenues of $500m plus.
The Friday fallout over and done with. The pre-Friday trading dynamics to return. The major markets/exchanges to see a better day.
Back to $0.2851 and on to $0.40 plus.
A permanent end to being grossly undervalued.
Buying and holding.
Jandrsn…
"? Vol."
Results from:
(1)
Trades that take place BETWEEN the Inside Bid and Inside Ask.
(2)
Trades that take place when the Inside Quote is a 'box' situation i.e., Bid and Ask the same.
The involved 'system' unable to distinguish a Buy(s) from a Sell(s).
And a 'box' example from today's trading…
(Price / Volume / Exchange / Time / Bid / Size / Ask / Size)
0.1700 10 (U)10.49.27 0.1700 50 0.1700 50
0.1700 50 (U)10.49.27 0.1700 50 0.1700 50
0.1700 20 (U)10.49.27 0.1700 50 0.1700 50
AI
