REMEMBER: This special offer ends Friday September 11th, take advantage of it now because it really will make you a more profitable and knowledgeable trader…and you might have a little fun there too
On the back of news of a ridiculous 100-1 reverse split, Spongetech Delivery Systems, Inc. (SPNG) is collapsing 30%+ in the first 30 minutes of trading today:
Does it matter if the stock bounces or drops more…no, because I can’t find any shares to short and while the stock probly will be choppy, this drop is most likely the beginning of the end…(although I did short sell a company related to SPNG today, only TIMalert subscribers know which one that is).
I bring this up only to remind you who was first in calling this a blatant pump & dump:
REMEMBER: This special offer ends September 11th, take advantage of it now because it really will make you a more profitable and knowledgeable trader…and you might have a little fun there too
management diluting SPNG’s stock aka looting it in a similar fashion to Sirius XM Radio Inc. (SIRI)
(and even though my TIMalert subscribers and I made 35% in one day shorting this BLATANT PUMP & DUMP the last time, I’ve taken a lot of heat since SPNG is a master manipulator, advertising their scam on baseball fields across America, even at the US open, sucking in the weak, greedy and gullible, forcing tens of thousands of people to hate penny stocks (don’t hate the game, learn it you weak feeble freaks!)
I beg those suckers who got crushed on this, please use my study guides to become better educated and actually profit from penny stock manipulation
Posted in Breakdowns, Manipulation
