Spongetech Delivery Systems Inc (fka SPNGQ)

[happyguy72]

and while i'm in a speculative mood... try this on, rofl:

"I just think there is a lot of old shorts that remain uncovered, from the .01 and .02 days."


the run to 2851, i believe, was scripted by shorty as a mechanism to raise their avg... they had to spend a bunch to do it, but they were getting killed with the run initiated by the buyers from 03 to 08... shorty took over from there and ran it hard to 28 on heavy vol... and then... they precipitated a sell off designed to scoop up shares from longs on the way down--scaring everyone and ripping out stop losses along the way... anyone wanting to buy was locked out on the way down.

as we moved from 03 into the 08 area , they had a decision to make... give up and get out, costing them tons right then and there; or re-entrench themselves and hope to gawd that something went wrong along the way for spng, allowing them to finally crush the company. Time is on the side of the shorts... most otc companies, at some point in time, screw something up that eventually hurts their business plan... very few EVER make it out of the otc... if shorty can just hang on... most companies lynch themselves at some point, and they can then pounce.

of course spng has created a very large problem for this logic... they beat the mold... they get to make the big time.