Replies to post #98205 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[chevdawg18]

Revenues for this company are simply nuts.

The potential for this is enormous. I am simply trading it now, but will be DDing the stock this weekend.

One of those huge penny stock movers on monster volume about once a year.

.... - 300M revenues for the year is definately attainable assuming they can continue this strong sales push they are currently undertaking.

[kolchakil0]

I remember that stock, it was listed here on IHUB for a long time. In late 2006 or very early 2007 it had close to 10 billion shares outstanding and still made it over 5 or 6 cents on one of the stock runs.

[dlewisfl]

Mingy: what a difference a year makes. You posted this one year ago.

YA BABY! 6m sales a week, =312m a year
10 percent profit margin
31.2m x 20 PE just like SP500, 624m market cap
=.84 FAIR VALUE

Looks like SPNG has a long way to go to "fair value". LOL!!!! Then again, we have all been amused for well over a year by the un-educated calculating PE ratios from PRs. But it's the "naked shorts" holding the PPS down here, RIGHT?!?!?