Spongetech Delivery Systems, Inc. (fka SPNGQ)

[jondoe0069]

You haven't lost until you sell. Who knows, maybe the sales were fake and they are crooks, but it's a public company and if the US sales are good now due to the advertising and the fact that they are in so many stores, the company could continue and expand and possibly be bought out once all is said and done. You never know. I was recently in a stock that was a complete BS share selling scheme and was going nowhere. The technicals made it go up about 50% one day so I got out. A week later, they announced some BS 75 mil investment and it shot up 900% in one day. You never know where a penny is going no matter what happens. If we're already down this much, we might as well ride it out.