AI
Tuesday, July 07, 2009 3:45:00 AM
John,
Volume is down in relative terms. Accumulation having dropped off.
CMF(20) is at - 0.115.
MFI is coming off an oversold condition as of July 1st.
MFI(14) is at 36.
RSI(14) is at 50.
Accumulation having dropped off as of 'black' Friday. Money flow steadily trending downward. Turning negative as the day traders have bailed in line with the sideways trading pattern. And the faithful longs certainly won't be shedding any tears regarding their welcome departure. May they succeed elsewhere.
Day traders. Gotta love 'em, hmm?
The short and distort routine interrupted the proceedings. No argument. With the whole of it seeing the truth emerge. America's Cleaning Company. All to the good as management gets on with getting on. Market level poised for a major breakout. The fundamental. The operational. The technical. All pointing upward. Management knowing well what it is they do. Proceeding in line with their $4.00 plan. Drawing the necessary attention. Getting all those ducks in a row.
A breakout in the making.
Buying and holding.
NJUST...
That "guru" being a certain John Wannamaker who famously uttered…
“Fifty percent of my advertising is wasted, but I don't know what half.”
And the wiki on the subject...
http://en.wikipedia.org/wiki/John_Wanamaker
Marketing/promotion. Branding/name recognition. Household name status.
A more capable/competent management team we couldn't ask for. Nor more shareholder respectful. As good as it ever gets. Golden ground floor opportunity to be not spurned. Risk/reward nirvana. Massive ROI in the making.
"Go Spongetech" indeed.
America's Cleaning Company
The maker of...
The Smarter Sponge
Onward and upward.
Mikey…
I followed the links you provided and found that which Z4 also found…
'On March 9, 2006, the Board issued a report concerning its first inspection of Drakeford & Drakeford, LLC, conducted late in 2004. The report described, among other things, certain concerns about the Firm's quality control policies and procedures. Pursuant to section 104(g)(2) of the Act, the portion of the report describing those concerns was initially kept nonpublic, but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months.'
[ The report described, among other things, certain concerns about the Firm's quality control policies and procedures. ]
[ the portion of the report describing those concerns was initially kept nonpublic ]
[ but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months ]
And...
'Drakeford & Drakeford, LLC is a public accounting firm located in Mableton, Georgia. Drakeford & Drakeford, LLC was formed in 1999, and John DellaDonna is a partner and the only employee of the Firm.'
[ the only employee of the Firm ]
'John A. DellaDonna, 62, of Mableton, Georgia, is a certified public accountant licensed in Georgia (license no. CPA003424), New York (license no. 090884), and New Jersey (license no. 20CC03066800).'
And, sure, it could be argued that SPNG management could have been more diligent as regards the PCAOB's initial findings. The report. But, as stated, said report was... 'initially kept nonpublic'.
And do you suppose such would've been the case were the Board's concerns of a nature that D&D's clients had been seriously compromised in any way(s)? That the books, perhaps, had been deliberately 'cooked'. Or otherwise were rife with material inaccuracies? So on.
And again...
[ but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months ]
Does it not seem likely that, were there criminal intent or a serious degree of incompetence in evidence, that the proper authorities would have been informed and/or the involved clients no less so? As opposed to the '12 months' provision?
D&D was obviously selected by SPNG from a perspective of cost savings. And whichever firm is retained as a replacement will be, obviously, of an overall caliber commensurate with the recent success of America's Cleaning Company and the fact of same very soon advancing to a senior listing as an NCM component.
And with that said?
Well, certainly, it's for the best to not lose sight of the fact that Reuters Company Research has rated, among the top 30% of the companies that the service covers, a "scam".
A "scam" rated as…
Outperform
And who'd a thunk?
Hmm?
Fred…
I don't see 3M as a good fit.
I'm, personally, not gung ho on the company as it hosts a far from stellar environmental record. America's Cleaning Company, on the other hand, being entirely environmentally conscious. And kudos of course. The company being a good fit for the socially conscious investing type.
And good on us, hmm?
All the best.
Volume is down in relative terms. Accumulation having dropped off.
CMF(20) is at - 0.115.
MFI is coming off an oversold condition as of July 1st.
MFI(14) is at 36.
RSI(14) is at 50.
Accumulation having dropped off as of 'black' Friday. Money flow steadily trending downward. Turning negative as the day traders have bailed in line with the sideways trading pattern. And the faithful longs certainly won't be shedding any tears regarding their welcome departure. May they succeed elsewhere.
Day traders. Gotta love 'em, hmm?
The short and distort routine interrupted the proceedings. No argument. With the whole of it seeing the truth emerge. America's Cleaning Company. All to the good as management gets on with getting on. Market level poised for a major breakout. The fundamental. The operational. The technical. All pointing upward. Management knowing well what it is they do. Proceeding in line with their $4.00 plan. Drawing the necessary attention. Getting all those ducks in a row.
A breakout in the making.
Buying and holding.
NJUST...
That "guru" being a certain John Wannamaker who famously uttered…
“Fifty percent of my advertising is wasted, but I don't know what half.”
And the wiki on the subject...
http://en.wikipedia.org/wiki/John_Wanamaker
Marketing/promotion. Branding/name recognition. Household name status.
A more capable/competent management team we couldn't ask for. Nor more shareholder respectful. As good as it ever gets. Golden ground floor opportunity to be not spurned. Risk/reward nirvana. Massive ROI in the making.
"Go Spongetech" indeed.
America's Cleaning Company
The maker of...
The Smarter Sponge
Onward and upward.
Mikey…
I followed the links you provided and found that which Z4 also found…
'On March 9, 2006, the Board issued a report concerning its first inspection of Drakeford & Drakeford, LLC, conducted late in 2004. The report described, among other things, certain concerns about the Firm's quality control policies and procedures. Pursuant to section 104(g)(2) of the Act, the portion of the report describing those concerns was initially kept nonpublic, but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months.'
[ The report described, among other things, certain concerns about the Firm's quality control policies and procedures. ]
[ the portion of the report describing those concerns was initially kept nonpublic ]
[ but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months ]
And...
'Drakeford & Drakeford, LLC is a public accounting firm located in Mableton, Georgia. Drakeford & Drakeford, LLC was formed in 1999, and John DellaDonna is a partner and the only employee of the Firm.'
[ the only employee of the Firm ]
'John A. DellaDonna, 62, of Mableton, Georgia, is a certified public accountant licensed in Georgia (license no. CPA003424), New York (license no. 090884), and New Jersey (license no. 20CC03066800).'
And, sure, it could be argued that SPNG management could have been more diligent as regards the PCAOB's initial findings. The report. But, as stated, said report was... 'initially kept nonpublic'.
And do you suppose such would've been the case were the Board's concerns of a nature that D&D's clients had been seriously compromised in any way(s)? That the books, perhaps, had been deliberately 'cooked'. Or otherwise were rife with material inaccuracies? So on.
And again...
[ but was subject to being made public if the Firm failed to address those concerns to the Board's satisfaction within 12 months ]
Does it not seem likely that, were there criminal intent or a serious degree of incompetence in evidence, that the proper authorities would have been informed and/or the involved clients no less so? As opposed to the '12 months' provision?
D&D was obviously selected by SPNG from a perspective of cost savings. And whichever firm is retained as a replacement will be, obviously, of an overall caliber commensurate with the recent success of America's Cleaning Company and the fact of same very soon advancing to a senior listing as an NCM component.
And with that said?
Well, certainly, it's for the best to not lose sight of the fact that Reuters Company Research has rated, among the top 30% of the companies that the service covers, a "scam".
A "scam" rated as…
Outperform
And who'd a thunk?
Hmm?
Fred…
I don't see 3M as a good fit.
I'm, personally, not gung ho on the company as it hosts a far from stellar environmental record. America's Cleaning Company, on the other hand, being entirely environmentally conscious. And kudos of course. The company being a good fit for the socially conscious investing type.
And good on us, hmm?
All the best.
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