Replies to post #122079 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[z4lover]

well clearly someone sells 103 million shares have traded..

now if those are longs who were afraid, or new short sold shares it doesn't matter...

they took this and ran with it... without so much as doing a little DD to see how those who have done the same thing in the past (both longs and shorts) got burnt for selling on this same "news"

[Captain Hindsight]

Nope! SPNG will not be 4.00 by july, that is actually the most wildly optimistic price target I have ever saw to date. How are things in Wonka's chocolate factory. Tell Mother Goose I said hello, and that Dr. Suess still owes me $.

You will not be so dissapointed if you make your expectations realistic. Sorry buddy but you are in for a rude awakening if you honestly feel $4.00 by July.

I will continue to watch this but I sold out today at .14. Things look really bad from a techincal side. Several short positions now and they will not let this go up anytime soon. I am looking to get back in around .08 (if that holds)

No buyers fueling the demand, all the NASDAQ and SpoongeBob news is baked into the price, and these violent dips are destroying investor confidence.

If you just saw SPNG for the first time today would you buy? I would'nt. Never try to catch a falling knife. No real support until .07 and after that .04.

GLTA