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Mingy

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Mingy

Re: El Chingon post# 179984

Monday, 08/31/2009 3:35:28 PM

Monday, August 31, 2009 3:35:28 PM

Post# of 346920
Bearish Implies the trend has changed from up, to down. Why in the world would 1 red close, after previous 5 up days, make for a bearish case? Maybe if we closed at .13 today I'd give your statment some weight, but saying a red close will change the trend from up, to down, is silly.

Read about this other shorted stock, when the squeeze came, at the peak the market cap traded 400x Rev. If we applied that to SPNG, SPNG would trade above $150 price per share. I'm looking for $20+ before I start scaling out.
http://www.sec.gov/comment

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