Replies to post #29604 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[General Grievous]

what IF nothing happens friday? after what happened yesturday ud think the mms would wise up, something isnt right here

[bwog]

No, they have long passed the period of time to 'cover' for most of what is out there.

When the clock really starts ticking on them is when an event known as a 'squeeze trigger' happens.

THAT is primarily what we are waiting on, whatever that shall be. This could be this week or next, or the next, etc.

The shorts are already boxed in NOW. No more waiting on that. This has already happened simply by the numbers available.

Now we just need the trigger, whenever and whatever that is.

[snakecorleone]

Who said Friday was the day? That is just speculation until I hear management saying Friday. I haven't read every post so I don't know if someone that was legit posted it. I personally wouldn't put much faith in friday. My faith is that BMAS continues to support the price and pick up shares, that speaks wonders to me right now, all things considered. The 10q is what I am waiting for, if something happens before then, GREAT. But if your hopes are linked to Friday, well, we might just see panick selling with a extra side of NSS'ing.

[reaper21]

Because the shorts don't believe that this company can deliver on its promise, so why do they have to cover now? What if it's all a fluke? They rather scare some longs to sell for them cheap than covering now. It really doesn't matter if they cover now or later.

[Carpedeim357]

maybe they are SOOOOO arrogant as to feel that they will not get picked off??? do they think that the big guns are bluffing??

Exactly it like you have to go in and pull them out of the hole they are in.