Replies to post #59270 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[leopard messiah]

Thanks for breaking down how the markets work. Is that copyrighted material?

[crashman]

"It is Deer in the Headlights time once again!"

Sure is! It was only two months ago when the sp was at current levels. Glad this little run gives some longs the opportunity to get out at break even levels. But I suspect that all the buying is coming from retail while all the selling is coming from somewhere else like RME. I have the suspicion that the buying yesterday was some "dressing" to make quarterly sharecounts look good while todays selling is a reversal of that action.

good luck.