Replies to post #40192 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Wrinkles]

MM's probably smiling when company comes on the bid, going we got more shares for you boys, but you have to pay an extra 10% to get them. Some air shares and some shares that are fleeced from shareholders because of the games the company is playing at this point. I'm not even annoyed with the MM's anymore, completely on the company in my mind at this point. Put up or shut up, is there a buyer in the wings? If so, legally at what point do they have to disclose to shareholders, this is a joke. The company and buddies just keep buying what I believe mostly air shares, at what point do they stop this nonsense and force a squeeze? Again, put up or shut up, just getting very old and is making me doubt myself as to what is going on.

[rdailey4]

Phrantic, since the shares they're selling the company are more air shares, it shouldn't take any of the wind out of a MOASS. Just puts the mm's in deeper.

[virtualdrew]

After pouring through the SEC's FTD data, it seems as though the FTDs that occur (whether it's a NSS or not), get reconciled within two weeks after they spike (SpongeTech's REG Sho historical data shows this.)

Yeah, there might be a NSS in this, but they CLOSE within two weeks after each time they play there cards!!! IMHO, the NSS is NOT embedded in SpongeTech. It, comes and goes!!! The FTDs are reconciled and cleaned up!

The SEC data does NOT support a HUGE NSS position. The ex-clearing idea does NOT support the NSS theory either! You, who beleive these two possibilities, are stretching reality so far out of proportion, it's literally sad to see/watch.

It's time to wake up and fess up that maybe we've all been played. By management? Not necessarily. By other fellow shareholders? Not necessarily. By our own emotional dreams of riches and wealth? Yeah; we are just fooling ourselves. I'll be the first to admit it..."I BOUGHT SPONGETECH ON EMOTION AND FOR THE BIG SCORE! I FELL FOR ALL THE RHETORIC AND GRANDIOSE DREAMS OF WEALTH. IT'S POSSIBLE IT'S ALL FOR NOT."