InvestorsHub Logo
Followers 9
Posts 778
Boards Moderated 0
Alias Born 04/19/2005

Re: I Need Money post# 1564

Tuesday, 09/22/2009 3:45:22 PM

Tuesday, September 22, 2009 3:45:22 PM

Post# of 2118
Why sell SPNG:
http://www.nypost.com/p/news/business/spongetech_is_all_wet_hBMpyldSkFZez0wuxFdupO

Synopsis: Spongetech's forecast of $50million sales may have been fraudulent and they falsely quoted an accountant office as having estimated that.

It may still rally, but it looks too risky to me. As they say, if a few people say to you that you are drunk, go to sleep, just in case.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.