rd... the line in the sand has been drawn. It's going one way or the other. The shorts have intoxicated this stock. It's always easy to spew negative reteric against the company. However, what if the company is on the up and up???
What if the SEC is investigating the company due to the shorts???
What if the shorts are hoping for something to surface that will prohibit them from covering???... but instead, the SEC investigation falls in favor of SPNG...
We'll, I've sold some of my position in the past 3 weeks and am holding enough to still change my life... I feel that the Spongetech Mgt is on the up and up. I'll wait for the outcome.
I believe payday will come for us very soon. I also believe that Spongetech will come out of this investigation clean.
Just think... the SEC reports in favor of Spongetech. What will happen to the stock??? It will fly! I want to be there when it happens.
I know a lot of longs have sold out their entire holdings however, I believe this to be a tough battle and there is billions of $$ at stake. The shorts need to do what they need to do...
So, I'll wait and see what happens. I still believe there will be a buyout of some kind. That's what SM does. That's his MO.
Just watch... I like to take chances and I hedge my bets with Spongetech.
buggs