Replies to post #315828 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[TEX]

Judging by a few posts here, apparently some believe in the "real products" angle and think a bounce play is possible. There may be...but revocation is a possibility, highly worth consideration.

[ozz112]

Many posted here they are taking a gamble buying at these levels and the volume for black friday was artificially caused by the MUTT twins dumpings 10's of millions of shares that day to swing the prices and there was no bad news then, all good news, so people were eating it up.

[Risicare]

Lots of people have day jobs and will not see their loss till they get home. Some longer even if they "invested" long term. Many of them will not even sell tomorrow or the next days as they are down so much.
As well there could be loads of shares in nominee accounts controlled by insiders/affiliates that have not hit the market yet.
"Black Friday" was when there were TONS and tons of people watching SPNG with loads of traders involved. All the smart money is long gone as are 99% of the traders.

[ms123]

Thats the name of the game. high risk - high reward. You right, less volume today than what you would expect, I totally agree.