Replies to post #268590 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[pantherj]

In order to have a MOASS, Spng must have:

1) A significant amount of shares short (It doesn't)

2) A shortage of shares available in the market (There isn't)

3) A sustained rally and/or a reason that shorts would think the PPS is going up. (There is none)

In fact, if I were shorting SPNG, now would be the time to do so. With the stock on the grays, no 10K in sight and the possibility of revocation lurking, there is absolutely no reason to think SPNG will trend higher and every reason to believe it will trend lower.

The only squeezing being done around here is the Mutt brothers squeezing every last nickel they can out of share holders and the SEC slowly squeezing the life out of SPNG.