phrantic, you give these hedge funds too much credit. These guys shorting these markets aren't the best hedge fund managers... We don't have a Steve Cohen on our hands... Now that being said, these guys are the ones who aren't smart enough to make money the real way... thus they go into stocks and steal money from people, share holders of companies such as SPNG... and "short and distort." The average investor not knowing what is good or bad, or having the resources to do the DD one way or the other...
They know how to play this game... But they don't know what to do with a company like SPNG... They brought a knife to a gun fight. Not going to get them very far...
Everything I say is in my own opinion do not buy sell or hold based off what I have to say.