Is anyone else concerned that we have not had any PR in almost two weeks. Prior to the crash of 6/12/09, you could count on a SPNG PR every 48 hours. It worries me that management has been so silent at a time when we need them most. This really makes me feel that they pumped and dumped this bad boy. Pump it up to .28 sell all the shares you have, then let it bleed and start buying back shares, then let the PR flow again. I dont know this sounds like a pump and dump. Am i wrong, is this not how a pump and dump works? I AM NOT SAYING SPNG IS A SCAM. Obviously it is a real company with real products that can be found all across America. However what they did with the stock is a Pump and Dump. Where is management? Why go from one extreme to the next? They made more money selling stock then they ever did selling sponges.
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.