Replies to post #71990 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Uglytuco]

Day traders are taking advantage of people like you - unless you're one of them.

[1Bmorecarefull]

Anthony, maybe you should do just that. I'd wait until it gets a little lower that way you can take it more in the shorts.

[Threeflight]

I tend to agree

[crashman]

Everyone has to make their own decisions, but here still is what I would do if I were a fan of SPNG:

Posted by: crashman Date: Wednesday, April 22, 2009 11:16:44 AM
In reply to: tturner617 who wrote msg# 70317 Post # of 71997

IMO best way to preserve capital while still being SPNG shareholder, would be to put in a buy order at .01 and sell everything here. JMO of course.

[dlewisfl]

Anthony: the MMs are doing quite well on SPNG making money on the spread. The volume coupled with daily 1/10th+ penny moves is keeping them quite happy, IMO.