Replies to post #154257 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Hedge Starz]

can't wait for it to come around

[CYRXorbust]

i dont think today's lack of a run is due to manipulation.. people are waiting for the 10K in august to get confirmation

an 8k wouldnt hurt showing lower AS or OS

[Kdub]

What is that supposed to mean?

[copytech]

if you look at the % instead of the $ amount of growth. the 5 to 8 % for one day is good.
this is good bounce on news. dont look at dollars look at % and you will feel better about the gains.

[OneRichSOB]

wrong..."dollar stocks" do not always jump on a PR of new orders/sales. Not saying never, but many times a stock will go down on good news and recover the next day. I have been playing with stocks for 12 years. I might know a couple things. Investors are funny and although there isn't data to back what i said up you can take that rule of thumb to the bank which I do often.

[phrantic]

Very true KJ. Most will say it's NSS, but look at the volume! It's the longstanding regulars accumulating shares and my guess is they'll be running up the SP on Monday to around .17, .18 for a quick sell-off thereby tanking the SP so "they" can start the cycle anew. If anything, these large shareholders are powerful enough to manipuate any naked position currently at play to their best advantage.

[power_forward]

wrong--not manipulation,today's lack of a sustained run is because traders are still waiting for SPNG's promise to lower the A/S and O/S--so far,they have not done so.