Replies to post #108301 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[LOL]

It would be a mistake to sell before this gets to NASDAQ, as once there that's when the really big money will move in.IMO

[xDREWx]

I am concerned about that too... it is one of those psychological barriers... I was thinking "maybe I'll sell a little there just in case everyone does", but that just makes matters worse.

Unfortunately, we cannot all "plan" to do something, that's out of bounds.

I can say, confidently, that everyone need to use their heads and analyze the situation and what might maximize profit.

[ez2bl8]

There are a lot of people who won't touch stocks below $1...if this hit's $1 you won't have to worry, there will be a whole new level of investors

[yellowdog1]

We can worry about that when it happens. Glty. Woof.

[Mingy]

Yeah I agree with caution, there is no reason to worry about $1. Think about it, this is a manipulated stock, if it weren't manipulated I would have to agree with the level $1, but spongetech is in the process of making a massive correction back to realistic levels. Levels soon won't matter.

When the shorts start to puke, levels like .99 arn't going to mean anything. They'll need to get the shorts covered and few are going to be playing this from the short side. Thus liqudity on the offer is going to dry up BIG TIME, and when that happens why provide them any? Make the short scum pay, think about how many companies the short scum have ruined by driving their stock price to 0? These guys have ruined lives and now its their turn to get theirs.

[dreamgirl]

there will always be new buyers. those who are waiting for the buck BEFORE they get in :)

dg