Replies to post #240345 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[alien42]

folks will reply that I should just wait for sub-penny later in the week

that's what i would say, then again i would not take the risk of attempting to trade SPNG with no bid and ask.

[Stock Stallion]

im not. still the rumors of the a buy out and 10K that will keep sucking people in. many feel like this is a bargain. by next week they won't feel that way IMO

[bballcoach10]

I'm a little surprised myself. My wife wants me to unload some. Don't know what to do here.

[xDREWx]

Wadi-

My opinion is that the bulk of the shares bought today will either be a) taken off the market clearing a short or b) held for a long term investment.

While it is quite a gamble for anyone to buy in. I am comfortable not selling and riding this out.

For this to go down, the news would have to be catastrophic.

All in all, I am, as well, impressed.

[gambinilive]

Have not followed spng since before it announced a reverse split. What in the world has happened? Did this turn out to be a scam or what? So I dont have to read all the previous posts, can someone please give me a brief explanation as to what happened. I sold my shares and was waiting to buy in after the reverse split and was high on their potential, but now i see this and red flags all over. Thankyou.

[BikerBob]

Major Buying Interest? Are you just kidding....
At half the price of the last close, surprises you?
Haven't you seen the massive Short Position, that has been following this dog around the yard.
Shorts covering is your Major Buying Interest.
And hopeless Peeps averaging Down.
IMO
GLTA

[jeme]

This buying is not retail. Something else is going on. IMO all the retail sellers are out. Very interesting.

[gambinilive]

thanks for the info!!