Replies to post #79868 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Fastmandoo]

Penny stocks always seem to go Green on Down days and Red on Up days.. Why whats going on with the Charts??

This stock seems Stuck at .022

[ttattletell]

A 200 to 1 reverse split will get you the $4 needed to get on the Nas Capital Markets...your only other problem is that Nasdaq regulators will to look at SPNG's real books to see if they meet the other qualifications...those flimsy quarterly filings ain't gonna cut it...

[The Real Titan]

Chart does look decent, though I bet they'll dip it to fill that gap.

But of course a lot will depend on the level of dilution, in comparison to buying pressure.