InvestorsHub Logo
Followers 0
Posts 1670
Boards Moderated 0
Alias Born 05/15/2009

Re: None

Monday, 01/11/2010 1:51:09 AM

Monday, January 11, 2010 1:51:09 AM

Post# of 346920
RISK 4 CENTS, UPSIDE 300+ CENTS. $500=$37k+. Clearly defined risk, and you’ll never see a better risk reward ratio. Once in a lifetime shot. There are two sides to the spongetech story, the long and short, I personally am long and have been for a while. I feel 50x better about the company today, then I did back in Feb, but you have to make the choice. If your on the sidelines, and thinking about getting in, just know, that if you subscribe to the long argument, you may not have much time. Pike, a hedge fund, just made a filling increasing there holdings to 160M. Now, it sounds like that is exactly 49% of the outstanding shares, under the new share structure.

I must admit, I’d be surprised after the Pike filling if the market even gives you a chance to get in down here, seems something is very very close, the climax, 10k? But if it does, just know, this might be your last shot.
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.