I have a pal who wants to invest his entire life savings ($9,000) into a penny stock. Do you think SPNGQ at $0.0001 would be a suitable investment for him?
He really can't afford to lose that money - it's all he has. I figure that SPNGQ is a "can't lose" bet because the share price can't go any lower (he was told that no stock can trade below the 0.0001 floor) and when all those NSS that nobody can find have to cover, this thing will rocket to at least a buck, making him a fortune with basically no risk. He has even heard from the CFO that they are making $50 million in sponge sales every quarter (or month, depending upon which of his emails you prefer).
This seems like a "no-brainer" for my pal with his $9,000 life savings, a no-lose stock, and solid inside information from the CFO. Maybe he can invest in the inchoate claims of the SPNGQ shareholders, who are sure to get all their money back from the CFO and his family of crooks.
I'm sure the Moskowitz family will make shareholders whole for the shareholders' losses.
