Replies to post #244511 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

I wasn't going to say anything, but I've been wondering about this for a while. It makes perfect sense if the shorts are so deep that the brokers are going to have to share the loss with shorty because they didn't collect enough collateral for shortys massive naked short position. I mean, come on, who would except $1 anyway? This thing is worth $4.8 PPS.

[Mingy]

mlf082488, hear anymore about this? Very interested.

[Mingy]

heard anything more about this? That could explain the very low volume, there just arn't shares for sale at these prices. If my broker called me I would tell him $25 i'll let shorty out.