Spino I worked for an onwer who got rich from 2 companies he sold to bigger companies. He started 5 companies from 1994 to 2003. 3 failed and cost him millions. 2 made it he sold them and made even more millions. The 3 that failed lost money. The 2 that made it had millions on profits in common.
It still comes down to making a long term profitable company to be successful as a business and long. Just we see so few penny stocks make profits over years. IMO SPNG will get past all this and still do very well for longs.
Traders who have timed this right did well to and ones who have not did not.
SPNG has offered traders and longs many chances to make big gains. Not many penny stocks offer longs much chance.
So as much as some bad mouth SPNG up to now since 08 it has offered so many chances to make money. That is all we really can expect is the opportunities.
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