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Slow Learner

01/29/09 10:33 AM

#40216 RE: Wrinkles #40203

Wrinkles, I firmly believe what I posted.
SPNG has huge revenue and profit growth quarter over quarter
SPNG has been cutting the share structure
and yet the PPS continues to drop.
I see MM UBSS constantly on both the ask and bid at the same time.
I see the Level2 ask and bid different by a HUGE margin compared to what the streamer is reading all the time.
and I see MM BMAS move the PPS at will at the end of the day
yup, SPNG COO Steven Moskowitz is buying personal shares at our expense
I believe this is a pride issue for him
I have been hearing for months now about this "plan to deal with the shorts"
I have seen nothing but the PPS drop.
I believe the "plan" is for Steven and Michael to get rich while the shareholders are of a secondary concern.
THEY CAN MOVE THIS PPS AT WILL AND REFUSE TO DO SO TILL THEY HAVE DRIVEN OUT THE LOWLY SHAREHOLDERS.
at least that is what seems to be happening----IMHO

disclaimer - I currently own 1.8 million shares.