it looks that way but many people sell into strength...that is put your order to sell above the ask and as the buyers pour in they take your shares and your selling on the ask...so you cant rely on price and time really...its more about momentum
this "rescue" PR just seems to be all they can muster without falling on their face again. I doubt there is much else they can do now to prop up the sp. Uh oh wait a minute, the penny scam playbook calls for the "unknown entity" offer to buy SPNG at a ridiculous price per share next. I'm holding my breath...