I just can't wait till the 10k, and RME's 3 come out and settle all this nonsense. Not only will there be a side that is so wrong they will no longer speak, but the she shorts will be completely blown out, bringing down those MM's that were in on the game. Who knows when those fillings will come, but they will come eventually. People who say otherwise are doing nothing but lying. People who post here saying the 10k is coming out ______, are also lying, or just holding onto hopes and living in fantasy land. It’ll come when it comes, but I can say I’m very very disappointed it continues to take so long with not a single update from the company.
For those who took my omission yesterday that I needed to sell a little today, ended up being less than 3%, that I somehow had less credibility, or was new to the game of trading, had to much at risk, or disproved my reasoning for why $15 is likely, I really can do nothing but laugh. I sold because I wanted some capital for trading in some other things, as well as take care of some things I’ve been putting off waiting the last 3 months on the 10k. I realized this very well could go on for 3 years.
Who’s opinion means more, someone already up 3 times his money on sponge, continues to keep his money where his mouth is, and does the math, and proves a well calculated reasoning for why $15 price projection is very within reason; or someone without a position?
Honestly, I really don’t care what anyone thinks but myself, and have continued to tell people to think for themselves, and not be talked into, or out of something based on someone on a message board. This forum is a place to share idea’s and come up with your own opinion, not a place to get hot trading tips.
I continue to believe, showing proof, why fair value for spongetech is greater than $3 a share, why OS is 350M, why float is owned several times over, why there is a huge naked short position, why there is massive manipulation, and how the game is stacked against the little guy. I also cite reasoning for why at a 100x PE, (something very reasonable for a company like spongetech whos shown 1000% growth YOY), with a OS of 350m, and a naked short position, that the price very well should reach $15. Think for yourself, do your own homework.
Yes, I have my money where my mouth is, and have been in this stock since February. I will continue to hold until the right time at the right prices, at the momenet i'm looking to scale out from between $4 and $15, holding 20% for a certain period of time regardless of price, unless we see prices in excess of $20.
AI
