Replies to post #275349 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[pantherj]

I haven't said a word about day traders, so you may have my posts confused with others. As regards Tax Loss sales: I think you'll find that most tax loss selling occurs prior to the last week of trading. that is why I think the 21 MM traded on the 24th marked the end of most of the tax selling. all of which makes the 35% increase in volume in the 4 days preceding public disclosure of the Wells Notice very suspicious.