"not one thing you guys have said about Pike makes any sense .. or anyone has yet to prove a singe "what if" .. about Pike and spng"
Nor have you or anyone else submitted proof that Pike is a stuck bagholder. He throws over $16M into a stock willy nilly? Not a chance. Why he's put so much money into SPNG is still a mystery. Assuming is one thing. Knowing for a fact what he's up to is a different matter. Do you know for a fact why he's put so much money in SPNG?
Pike was not fooled Puppy, Pike is NOT averaging down. Pike's involvement has a lot more meat to it then people think. A little research will show you his connection to Dicon and some well known folks.
Again, we can argue this until our faces turn blue, but time will show that Pike knows what he is doing.
Posted by: spongeboy Date: Monday, January 25, 2010 8:35:02 AM In reply to: brainstorming who wrote msg# 286494 Post # of 292816
Pike is done buying - I think the entire float is now owned by Pike and insiders. This will expose the nakeds.
Way back in August I posted that the evidence for NSS is the RegSHO list - that is what it does...the SEC puts it out. I also predicted that the shorts were naked at .03-.06 - Stock was .14 at that time. The 10k did not come ..but read my words and look at the august date the bulk of the nakeds are at .03 that is why Pike was buying at .037-.039 to keep the price up..
Posted by: spongeboy Date: Saturday, August 22, 2009 12:59:02 PM In reply to: TigerTrader83 who wrote msg# 170673 Post # of 285405
RegSHO and naked shorts
We are on the RegSho list - this is the list for naked shorts - think about it - there are i think 11,000 +/- stock tickers on public companies and 33 or so are on the RegSHO list-- and we are one of them. if we have 722M shares outstanding we need to have 3,610,000 FTDs reporting by DTCC to stay on the SHO list every 5 days. I think today is day 20 but it doesn't matter - we are on the list. With the 10k coming in 6 days - and with the sales figures to be $50-60 million-- and we did $50 mill in the last 90 days or so. if you were short today-- Why would you not cover. Unless you are naked at .03-.06 .? Management talked about NSS in June of 2008 . The fact that we are on SHO makes this real. do a member search for spongeboy and read my posts. NSS are real that is why our volume is so low - that is why I am so long.
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