The problem I have with most of the negative posters on this board is that they make statements as if they are facts.
Many try to come across as if they are in the SEC office and already know the end of this game.
They may be right I have no idea, but at this point it is still only guess work on all sides.
For the sake of argument, say the SEC finds members of SPNG management guilty of cooking the books. Even if this happens it doesn't mean the stock is dead. Those responsible may be punished new officers may be hired and the company goes on.
The problem with SPNG is that most investors thought this to be the golden egg.
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.