Replies to post #171142 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[wuyanks]

the whole idea with the NSS is that the naked shorters will be forced to buy ALL OUR SHARES back, and they will hold the bag at a very high price.

they will then sell the stock back into the open market at a more realistic price, where we can buy in again.

[having fun]

How do you go about getting a certificate? Would I just call ST for it? I don't have nearly as many shares as most of you so maybe mine wouldn't even matter. However, I do plan to keep buying as long as I can. Every little bit adds up. Especially if I can get about 5000% or more profit from it.

[spongeboy]

If you were a buyer you have shares at your brokerage - paper or electronic. If you shorted and didn't cover and Failed to Delivered the borrowed shares you are naked. Buy on the dips.


Posted by: ID Supermoney Date: Sunday, August 23, 2009 8:20:16 PM
In reply to: spongeboy who wrote msg# 171126 Post # of 171198 [Send a link via email]
A BIG thought to all. Unless we get certificates, are ALL OUR shares naked. If so and they go down to 500 million O/S.

Who gets these shares that all of us want to own. When management owns ? 300 million plus. They are not going to sell.

Anyone please reply.