I think we can all agree though that this stock was being heavily manipulated. By whom is the real question. I have never seen a stock with the ask below the bid as often as this one. Anyway I am out for the day good luck everyone. It really doesnt matter what any of us think right now anyway. Its a waiting mode.
Compare SPNG's trading to other stocks. Since I'm not allowed to mention other symbols on this board you can find some yourself. But there are very active, high profile stocks without a gagged T/A that have much lower volume compare to sponge. One such company went from under a penny to about 8 cents and currently has 1.4B o/s and is very high much on the radar of traders. Yesterday was a pretty volatile day and it traded 20M shares, higher than normal. Less than 2% of the float.