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realtmg

05/20/09 9:43 PM

#89058 RE: Wrinkles #89057

I think w will see people wanting in under .06 as the squeeze will begin.IMO
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1Bmorecarefull

05/20/09 9:48 PM

#89060 RE: Wrinkles #89057

i think we'll get news soon. Gut feeling
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WPOSullivan

05/20/09 9:50 PM

#89062 RE: Wrinkles #89057

I agree.

The A/S "news" (which was supposed to be an original 'mistake'), coupled with the huge volumes lately has me concerned.

Now, I am a long-term "LONG", but I have taken profits on the spikes, and bought back in lower. The profits do not go to SPNG, but into FDCAX (one of my Fidelity funds). I cannot risk my entire 401K rollover on one stock, no matter what some people here say, or do not say. I am being logical and if that makes me a basher then so be it.

To anyone out there who is "ahead", please consider consolidating your positions, sell a little, move to less volatile holdings, buy back if you want or can. I've been tracking the daily activity of SPNG and it is quite obvious, that there are trends, low to high and back again that you can play. I have, and I'm sure a lot of others have too, but most are afraid to admit it.

GLT us all Longs,

WP
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jackg152004

05/20/09 9:52 PM

#89063 RE: Wrinkles #89057

Wrinkles,

With all due respect you are mistaken. We have increased over 50% this week from last week's close without any news whatsoever. Intelligent investors and traders don't need a news release or two each week to confirm they are on the right side of the trade in SPNG. It is quite apparent what is going on with SPNG....revenues growing exponentially on a weekly basis with the company's biggest moneymaker (Spongebob) about to be introduced into the market. Anyone with foresight past the next uptick or downtick can see where SPNG is headed and it is much, much higher than where we are now.