It’s Important To Know Which Stocks Are True Pump & Dumps, Here’s A List Starting With SpongeTech (SPNG)
I get soooooooo many emails asking about different penny stocks, as many people believe they’re qualified to find diamonds in the rough…
Newsflash: YOU AREN’T
If you’re reading this, you’re one of the many millions of naive people who actually believe a penny stocks’ business actually matters. You actually consider buying stocks that get emails about because you believe the sales copy/propaganda.
Now, no matter how naive you are, you know I have a trading strategy that aims to short sell into the most hyped up/manipulated penny stocks in the world & obviously I’ve done pretty well over the past any time frame you look at, making me the top ranked trader out of 25,000+ on Covestor for the past 18 months, because short selling pump & dumps is just too logical a strategy to ever really do poorly, no matter how undisciplined or busy I have been in the past.
So what is a pump & dump–it’s when someone or some “firm” gets paid to send out emails, write “research reports” or talk about some piece of crap penny stock:
1.) They’re getting paid so you can’t trust a word they say
2.) The company or shareholder that pay for the pumping aren’t excited about the company or the company’s alleged breakthrough products (they ALWAYS have something breakthrough–a new gold mine, oil well, revolutionary drug, service, technology process, blah blah blah, no matter how great the sales copy makes a company look, the real business is else they’d put the $ directly into the company or buy more shares, instead they’re paying an outsider to get the stock noticed/ get the stock price higher in order to sell their shares at inflated prices!
3.) 99% of these pump & dumps are absolutely worthless, they are simply investment vehicles which stock promoters, pumpers and manipulators of all sorts look to pump using sales copy to lure in suckers
Look, don’t be ashamed to fall for such tactics, depending on the skill of the stock promoter, you will fall for their sales push and these stock actually do go higher for a reason (while getting pumped, before the dump, some people are obviously buying (in fact my PennyStocking instructional DVD teaches people to buy pumps too because if you get in at the very beginning of a stock being promoted by the best, it’s actually easier to profit from the long side than trying to find shares to short.
So here’s a list of all the known pump and dumps, feel free to add any more in the comments section and please do more work than me by also posting what the compensation was for the pumping ( in the disclaimer of every pump, to satisfy the SEC, the pumpers must disclaim how much $ or shares they’ve been compensated to be so soulless, learn more HERE)
Understand that none of these things are up enough for me to want to short them, they’re just decent to good pump & dumps, not great ones like UOMO)
I won’t even mention the company name because they’re irrelevant, the company/product doesn’t matter, I could create TIM Corp, symbol SHIT, pay somebody $50,000 or 500,000 shares and get my stock up from 5 cents to $1/share in a few days…too bad that ain’t my business and my business of teaching people to profit from the hype and corruption is actually a real business that makes more than any of these pump ever will.
SPNG (I get more emails about this pump than any other, they’re not undervalued, they’re numbers are BS, they’ve hired the best stock promoters around!)
XDSL
WWAG
NGHI
PUDC
HYGN
CVRG
CADD
PGYC
DYMTF
GERS
UPTR
AAPH
UPCN
…there’s too many to name, it’s pump season.
Learn the game and profit, otherwise, I don’t wanna see your tears–there’s no crying in PennyStocking!
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Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)
Timothy,
Seems everyone who takes the time to set up a web-site thinks there a pro. I wonder if SPNG does really well and is proven not to be a pump and dump if your apology will be forthecoming. I didn’t think so, you will just delete any reference to SPNG as if you never wrote about it.
Timothy,
Seems everyone who takes the time to set up a web-site thinks there a pro. I wonder if SPNG does really well and is proven not to be a pump and dump if your apology will be forthecoming. I didn’t think so, you will just delete any reference to SPNG as if you never wrote about it.
SPNG could find a cure for cancer and itd still be a pump & dump, they pay promoters to get their stock up, the promoters dump the stock, pump and dump! dont let PRs and BS businesses distract u
SPNG could find a cure for cancer and itd still be a pump & dump, they pay promoters to get their stock up, the promoters dump the stock, pump and dump! dont let PRs and BS businesses distract u
I have been warning people about Spongetech forever. I am glad you are helping to spread the word about SPNG’s unethical business and bullshit business practices. Thank You Tim
I have been warning people about Spongetech forever. I am glad you are helping to spread the word about SPNG’s unethical business and bullshit business practices. Thank You Tim
CGAQ-what is this and why the hell is it up!took a steep drop, the volume is fading , id say wait till she goes red
Why do you think there numbers are BS, couldn’t they still have good numbers, SPNG that is.
And your are the topic of the hour at Ihub
Why do you think there numbers are BS, couldn’t they still have good numbers, SPNG that is.
And your are the topic of the hour at Ihub
How about MDVX.OB? A third party paid Wasserman Morris to write a hype sheet. No actual cash, so MVX.OB traded out services with Qualitystocks.net. The guy running C&H Capital, who has quite a searchable past history of junk penny company involment as well as a long history of message board boosting, is their IR pump house man. Recently paid WAB Capital a gang of warrants priced under market to run a road show.
The 10K tells all. They need to keep pumping, keep flogging more shares just to keep the lights on.
What’s your opinion?
How about MDVX.OB? A third party paid Wasserman Morris to write a hype sheet. No actual cash, so MVX.OB traded out services with Qualitystocks.net. The guy running C&H Capital, who has quite a searchable past history of junk penny company involment as well as a long history of message board boosting, is their IR pump house man. Recently paid WAB Capital a gang of warrants priced under market to run a road show.
The 10K tells all. They need to keep pumping, keep flogging more shares just to keep the lights on.
What’s your opinion?
Tim- I have been reading about you for a while . I am not a member yet. This is the way i am very skeptic. I have to check things out first. But of all the pump and dump list that you mentioned yesterday, sure thing all the stocks went down today except three not yet. I really wonder how do you do that. I am starting to believe that there is someone who can be honest in this business. But we will see i will keep checking things for myself before i sign up.
Tim- I have been reading about you for a while . I am not a member yet. This is the way i am very skeptic. I have to check things out first. But of all the pump and dump list that you mentioned yesterday, sure thing all the stocks went down today except three not yet. I really wonder how do you do that. I am starting to believe that there is someone who can be honest in this business. But we will see i will keep checking things for myself before i sign up.
boo yah shorted 500 CBOU at 6.35!
ha john, i dont pretend to knwo when stocks go up or down, the past few weeks, pumps have been on fire, it was inevitable that they cool off…I’m short the pump and dump USCN at 86 cents, guess i shoulda covered this morning at 32 cents, but missed that cover
ha john, i dont pretend to knwo when stocks go up or down, the past few weeks, pumps have been on fire, it was inevitable that they cool off…I’m short the pump and dump USCN at 86 cents, guess i shoulda covered this morning at 32 cents, but missed that cover
Is Teva a pump-and-dump pharmaceutical scam
Wow.
Are you sure that is your opinion of SPNG? I think that may be an embarrassing bad call on your part. If you know of any other pennies with financials as “BS” as Spongetech’s, let me know and I will immediately go long on them.
Short it, and let’s see what happens. Better yet, naked short it – you’ll have plenty of company. And misery loves company.
Wow.
Are you sure that is your opinion of SPNG? I think that may be an embarrassing bad call on your part. If you know of any other pennies with financials as “BS” as Spongetech’s, let me know and I will immediately go long on them.
Short it, and let’s see what happens. Better yet, naked short it – you’ll have plenty of company. And misery loves company.
MJ, u ignorant paid promoter or sucker, sPNG is a pump and dump, if u can’t see that, god help your account. i won’t short it because you and your pumpers arent doing a good enough job of getting the stock up to make it worth my time. quit smoking crack and get to work
MJ, u ignorant paid promoter or sucker, sPNG is a pump and dump, if u can’t see that, god help your account. i won’t short it because you and your pumpers arent doing a good enough job of getting the stock up to make it worth my time. quit smoking crack and get to work
Not the former, so I guess that makes me the latter.
900% gain in two months (.006 to .056) isn’t a good enough job of “getting the stock up” for you? Sounds like a pretty good short to me, buy hey, you’re the expert, right?
I’ll take the high road on the name calling. We’ll see how you do on this one.
Not the former, so I guess that makes me the latter.
900% gain in two months (.006 to .056) isn’t a good enough job of “getting the stock up” for you? Sounds like a pretty good short to me, buy hey, you’re the expert, right?
I’ll take the high road on the name calling. We’ll see how you do on this one.
%s are irrelevant with pumps, getting your pump over a dime/share is the first step, then a quarter,, then $1…i don’t touch the pumps of amateurs, u guys have fun on your yahoo boards
%s are irrelevant with pumps, getting your pump over a dime/share is the first step, then a quarter,, then $1…i don’t touch the pumps of amateurs, u guys have fun on your yahoo boards
Hold that thought on the dime.
If it gets to a buck, I have enough shares so that I’ll start a website with a cocky picture of myself holding some cash. With the added satisfaction of having made that $$$ at the expense of some arrogant shorts.
I hate Yahoo boards, BTW.
Hold that thought on the dime.
If it gets to a buck, I have enough shares so that I’ll start a website with a cocky picture of myself holding some cash. With the added satisfaction of having made that $$$ at the expense of some arrogant shorts.
I hate Yahoo boards, BTW.
yeeehah turned out i forgot to short those 500 shares of cbou and i longed them! + 160
Oh, and for the record, I actually meant that cocky picture comment as a compliment. I think you need to have some edge to thrive in this part of the market. From what I saw of you on WSW, you do.
I also happen to agree with you about virtually all penny stocks being worthless POS that can be shorted on every big run. I just think in this case (SPNG) you have found the exception, and will be proven wrong as a result.
Oh, and for the record, I actually meant that cocky picture comment as a compliment. I think you need to have some edge to thrive in this part of the market. From what I saw of you on WSW, you do.
I also happen to agree with you about virtually all penny stocks being worthless POS that can be shorted on every big run. I just think in this case (SPNG) you have found the exception, and will be proven wrong as a result.
So if SPNG is such a scam stock, then tell me if ZAGG.OB is also one when both that REAL earnings, are both growing their business, and are profitable. If you’re going to bask about how such a scam SPNG, don’t complain when you see SPNG trade at $1.00 in the near future and you just missed out on a 15 bagger.
Think about those who bought into ZAGG 8 months ago, and are now sitting on a 10 bagger since it’s lows.
Complain all you want about SPNG, but I just made $7000 on this stock and was able to buy back at a lower price. Thank you for dumping your stock for me to buy!
So if SPNG is such a scam stock, then tell me if ZAGG.OB is also one when both that REAL earnings, are both growing their business, and are profitable. If you’re going to bask about how such a scam SPNG, don’t complain when you see SPNG trade at $1.00 in the near future and you just missed out on a 15 bagger.
Think about those who bought into ZAGG 8 months ago, and are now sitting on a 10 bagger since it’s lows.
Complain all you want about SPNG, but I just made $7000 on this stock and was able to buy back at a lower price. Thank you for dumping your stock for me to buy!
KL, i aint complaing, i love the scumbag pumpers, they give me great shorts..ZAGG will be one eventually too…but dont confuse ZAGG with SPNG, ZAGG only needs $2mil in buying to push it up 30%, SPNG needs $20mil…good luck trying to keep the volume up, truly, get it as high as u can to give me the most downside on the way down!
KL, i aint complaing, i love the scumbag pumpers, they give me great shorts..ZAGG will be one eventually too…but dont confuse ZAGG with SPNG, ZAGG only needs $2mil in buying to push it up 30%, SPNG needs $20mil…good luck trying to keep the volume up, truly, get it as high as u can to give me the most downside on the way down!
Sales by SPNG are not fake, the company is in the black, unlike many others, and sales are increasing. Surely you’ve seen the news, Tim?
Also, there are many of us of modest means who own SPNG stock. We aren’t just “pumping” hot air — we are in it for the long haul.
I got in at .0404 (45.455 shares,) so I’ve almost doubled my money, already. I bet you a buck you’ll be taking a closer look at SPNG, yourself. 😉
DONT BELIEVE A SINGLE WORD A PENNY STOCK EVER SAYS. CONGRATS ON YOUR GAINS, RIDE THE HYPE, JUST DONT BELIEVE IT. IF U STAY TOO LONG, YOUR GAINS WILL BE GONE AND U’LL BE BITTER AND THEN U’LL REMEMBER WHAT I TOLD YOU AND THEN U’LL BECOME MY BEST CUSTOMER BUT RIGHT NOW YOU DON’T REALIZE IT YET
DONT BELIEVE A SINGLE WORD A PENNY STOCK EVER SAYS. CONGRATS ON YOUR GAINS, RIDE THE HYPE, JUST DONT BELIEVE IT. IF U STAY TOO LONG, YOUR GAINS WILL BE GONE AND U’LL BE BITTER AND THEN U’LL REMEMBER WHAT I TOLD YOU AND THEN U’LL BECOME MY BEST CUSTOMER BUT RIGHT NOW YOU DON’T REALIZE IT YET
Tim,
You have a great stock trading system. It reminds me of Jesse Livermore, betting on the price fluctuations. However, he, unlike you, realized the big money is in riding overall market moves. Taking small hits the rest of your life and teaching others may be satisfying enough for you. But, you will never be more than just a small time blogger who helps the poor get a little less poor. I simply think that you don’t believe in yourself that you could actually make it big.
Tim,
You have a great stock trading system. It reminds me of Jesse Livermore, betting on the price fluctuations. However, he, unlike you, realized the big money is in riding overall market moves. Taking small hits the rest of your life and teaching others may be satisfying enough for you. But, you will never be more than just a small time blogger who helps the poor get a little less poor. I simply think that you don’t believe in yourself that you could actually make it big.
correct, all i want to do is help the poor be less poor…screw trading on my own, this infinitely more fulfilling and rewarding, especially monetarily if i just stick to that one goal
correct, all i want to do is help the poor be less poor…screw trading on my own, this infinitely more fulfilling and rewarding, especially monetarily if i just stick to that one goal
Is HRSH in play? Up over 26% very high vol. of over 396,000 shares
Is HRSH in play? Up over 26% very high vol. of over 396,000 shares
looks like a made a good cal two days agol- AGEN dropped 17% today!
jeez….its june 6th now… wtf happened to your Pump and dump theory for SPNG? SPNG just signed a deal with costo and their stock went from .04 to .10 .. LOL
can you explain what happened there?
jeez….its june 6th now… wtf happened to your Pump and dump theory for SPNG? SPNG just signed a deal with costo and their stock went from .04 to .10 .. LOL
can you explain what happened there?
I agree, it would have to be a pretty good, or at least long term scamp, if the product is showing up at Walgreens and others stores. I’d also like to know what Tim knows that we don’t know. Maybe he is paid to knock the price down and others up.
I was just pitched, as a rep of an OTC traded company, by promoters who pointed to SPNG as one of their recent PUMP successes, and yes they like to be paid for their services in shares. Tim don’t lie!!
I was just pitched, as a rep of an OTC traded company, by promoters who pointed to SPNG as one of their recent PUMP successes, and yes they like to be paid for their services in shares. Tim don’t lie!!
gee tim your pump crap about spng is a total lie i think you are being paid to bash it so the shorts can cover with out losing there house wife and misteress
SPNG is a true company and does not fit in your theroy
i still see no sorry for being stupid and wrong
where is your retraction or are you just a blow hard lieing web site fraud
Oh boy, Timmy is telling people to short SPNG (but he does not have time too) hehehe…now the stock is running on its way to $2.00 .
If you truly want to make money, do the oppisite of Timmy. He has no idea the difference between a pump and dump and the next Lysol company.
Oh boy, Timmy is telling people to short SPNG (but he does not have time too) hehehe…now the stock is running on its way to $2.00 .
If you truly want to make money, do the oppisite of Timmy. He has no idea the difference between a pump and dump and the next Lysol company.
no nick, it was a potential short, would never short a stock breaking out to higher highs
no nick, it was a potential short, would never short a stock breaking out to higher highs
But you suggested to your people to short at .13 cents and cover at .10? Anyways, Im just having a ball with you. For two solid weeks you have been telling me everyday that SPNG is a pump and dump and you clearly know I know this company and what is going on alot better than you. So far, you not paying attention has only cost you about 800% upside. Hang in there, I will teach when you can open a short on SPNG. Its not why they are freaking transfering to the Nasdaq and crushing a huge naked short in the stock! Geez…..Timmy!
But you suggested to your people to short at .13 cents and cover at .10? Anyways, Im just having a ball with you. For two solid weeks you have been telling me everyday that SPNG is a pump and dump and you clearly know I know this company and what is going on alot better than you. So far, you not paying attention has only cost you about 800% upside. Hang in there, I will teach when you can open a short on SPNG. Its not why they are freaking transfering to the Nasdaq and crushing a huge naked short in the stock! Geez…..Timmy!
Maybe you should be contacting Costco, Walgreen’s, CVS, WalMart and all of the other retailers that are stocking the pump and dump in their stores. I’m sure they will be happy to hear your expose and purge their shelves of the stuff. You might even pick up a subscriber or two…I’m sure there are a few greeters at Walmart that could use your high level advise.
Ps, if Moe agrees with you you can pretty much hang it up
nick, SPND is a pump & dump, thought the dump would come today, was wrong…dont worry it’ll come sooner or later, i hope u guys can pump it up to $1 before its all over!
Maybe you should be contacting Costco, Walgreen’s, CVS, WalMart and all of the other retailers that are stocking the pump and dump in their stores. I’m sure they will be happy to hear your expose and purge their shelves of the stuff. You might even pick up a subscriber or two…I’m sure there are a few greeters at Walmart that could use your high level advise.
Ps, if Moe agrees with you you can pretty much hang it up
nick, SPND is a pump & dump, thought the dump would come today, was wrong…dont worry it’ll come sooner or later, i hope u guys can pump it up to $1 before its all over!
You dont see me pumping it. I know the truth about the company. There worth two bucks. Do you think I really care shareholders and management once pumped the stock 2 years ago when it was an infant? No I do not. Look at her shine now. Tim, at what point will you admit you were wrong, you did not understand the stock, you made a mistake, and mis-guided your subscribers and followers? I suck it to my members when I was wrong. A blog it is!
So when they move over onto the Nasqaq in two months at $2.00, you can go ahead do your apology to your members and say I blew it. Nick was right. I should have done my homework and I cost all of you 1500% run!
You dont see me pumping it. I know the truth about the company. There worth two bucks. Do you think I really care shareholders and management once pumped the stock 2 years ago when it was an infant? No I do not. Look at her shine now. Tim, at what point will you admit you were wrong, you did not understand the stock, you made a mistake, and mis-guided your subscribers and followers? I suck it to my members when I was wrong. A blog it is!
So when they move over onto the Nasqaq in two months at $2.00, you can go ahead do your apology to your members and say I blew it. Nick was right. I should have done my homework and I cost all of you 1500% run!
Oh…yea…forgot to tell you because I know you did not know. Their meeting is tomorrow with the Nasdaq. Lets see if the Nasdaq thinks its a pump and dumb and wether its worthy to trade with the big boys like AAPl and the others.
Should I say, “see you at $2.00 and beyond?”
Oh…yea…forgot to tell you because I know you did not know. Their meeting is tomorrow with the Nasdaq. Lets see if the Nasdaq thinks its a pump and dumb and wether its worthy to trade with the big boys like AAPl and the others.
Should I say, “see you at $2.00 and beyond?”
Nick, stick around, u’ll see i’m usually wrong about the price patterns but i’m right enough to make $…and while i might get the pattern wrong, its impossible, literally impossible, to get a pump & dump wrong, all u gotta do is read some SEC filings and see who’s getting paid to promote…u can learn to do it too:
https://www.timothysykes.com/timfundamentals
Nick, stick around, u’ll see i’m usually wrong about the price patterns but i’m right enough to make $…and while i might get the pattern wrong, its impossible, literally impossible, to get a pump & dump wrong, all u gotta do is read some SEC filings and see who’s getting paid to promote…u can learn to do it too:
https://www.timothysykes.com/timfundamentals
“Nick, stick around, u’ll see i’m usually wrong about the price patterns but i’m right enough to make $”
Well at least you know you’re no expert. That’s refreshing in itself. BTW you are wrong about this one, I trust you’ll be man enough to admit it sooner or later. In the meantime I’m up over 700% and thinking about buying a new car and some rental property.
Enjoy
“Nick, stick around, u’ll see i’m usually wrong about the price patterns but i’m right enough to make $”
Well at least you know you’re no expert. That’s refreshing in itself. BTW you are wrong about this one, I trust you’ll be man enough to admit it sooner or later. In the meantime I’m up over 700% and thinking about buying a new car and some rental property.
Enjoy
again, its impossible to be wrong when promoters are being paid, its written for anyone who can read…the only question is how much longer before the dump
again, its impossible to be wrong when promoters are being paid, its written for anyone who can read…the only question is how much longer before the dump
At Least you know your wrong a lot and I’m sorry to say you are blowing this one but we have told you so you know. Its your choice to short or go long but you don’t seem to want to do either… What a shame were all freaking making fortunes on this pump and dump. Hey when you get a second please be sure to let us all know what stock you advised your members to short or long with gains like this recently. Thanks and good luck! Are you when were on the Nasdaq!
At Least you know your wrong a lot and I’m sorry to say you are blowing this one but we have told you so you know. Its your choice to short or go long but you don’t seem to want to do either… What a shame were all freaking making fortunes on this pump and dump. Hey when you get a second please be sure to let us all know what stock you advised your members to short or long with gains like this recently. Thanks and good luck! Are you when were on the Nasdaq!
I love it Timmy! You are a hoot! You should hire and editor.
From 3rd paragraph above:
“Now, no matter how naive you are, you know I have a trading strategy that aims to short sell into the most hyped up/manipulated Penny Stocks in the world & obviously I’ve done pretty well over the past any time frame you look at, making me the top ranked trader out of 25,000+ on Covestor for the past 18 months, because Short Selling pump & dumps is just too logical a strategy to ever really do poorly, no matter how undisciplined or busy I have been in the past.”
From https://www.timothysykes.com/about/ :
“In late-2007, after suffering a roughly 35% loss over two years, he closed his hedge fund and created a publishing company, BullShip Press, LLC to promote Freedom of Finance, the concept of a hedge fund manager’s right to discuss their business freely without risk of penalty or censorship.”
So, your strategy is so good, that your closed your hedge fund and turned writer/blogger. Is that what your DVDs teach your “sheeple” (if you have any)? Your Billy Mays tag line goes something like this…
“I will show you how to lose 35% , only to recover by owning and operating a blog. Act now, and I will throw in my “Timothy Sykes Gone Wild” DVD for FREE. Call now! Operators are standing by.”
Laughable! Truly laughable. 17.7 cents short?!? Why didn’t you short this at it’s peak if you can read these charts so well? Why not sort at 28 cent? Some strategy.
I love it Timmy! You are a hoot! You should hire and editor.
From 3rd paragraph above:
“Now, no matter how naive you are, you know I have a trading strategy that aims to short sell into the most hyped up/manipulated Penny Stocks in the world & obviously I’ve done pretty well over the past any time frame you look at, making me the top ranked trader out of 25,000+ on Covestor for the past 18 months, because Short Selling pump & dumps is just too logical a strategy to ever really do poorly, no matter how undisciplined or busy I have been in the past.”
From https://www.timothysykes.com/about/ :
“In late-2007, after suffering a roughly 35% loss over two years, he closed his hedge fund and created a publishing company, BullShip Press, LLC to promote Freedom of Finance, the concept of a hedge fund manager’s right to discuss their business freely without risk of penalty or censorship.”
So, your strategy is so good, that your closed your hedge fund and turned writer/blogger. Is that what your DVDs teach your “sheeple” (if you have any)? Your Billy Mays tag line goes something like this…
“I will show you how to lose 35% , only to recover by owning and operating a blog. Act now, and I will throw in my “Timothy Sykes Gone Wild” DVD for FREE. Call now! Operators are standing by.”
Laughable! Truly laughable. 17.7 cents short?!? Why didn’t you short this at it’s peak if you can read these charts so well? Why not sort at 28 cent? Some strategy.
FROM yahoo finance record profitability!!!!!
finance.yahoo.com/news/SpongeTechreg-Delivery-bw-15478400.html/print
record profitability of approximately $10 million pre-tax.
SpongeTech Delivery Systems, Inc. Announces Estimated Gross Revenues for Fiscal Year 2009 Exceeding $50 Million
SpongeTech® Estimates Net Profit Pre-Tax of Approximately $10 Million
* On Tuesday June 9, 2009, 12:26 pm EDT
NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc., America’s Cleaning Company™, (OTCBB: SPNG – News), today announced that its Fiscal Year ending May 31, 2009 gross revenues have exceeded $50 million with record profitability of approximately $10 million pre-tax. The revenues generated during the 4th quarter were substantially higher than any other quarter in the Company’s history. SpongeTech® expects robust revenue and earnings growth to continue into Fiscal Year 2010 and beyond. The exact results for both Fiscal Year 2009 and the 4th Quarter shall be released in its Annual Report on Form 10-K at the end of August 2009.
“We had an exceptional 4th Quarter, which resulted in a great Fiscal Year 2009,” commented Spongetech® CEO, Michael Metter. “The estimated gross revenues of $50 million far exceeded our expectations and we look forward to an even stronger year ahead as we continue to release new products.”
Spongetech® COO, Steven Moskowitz commented, “We are excited about the launch of our newest product, SpongeBob SquarePants Soap-Filled Bath Sponge. The Company is anticipating terrific growth over the next 12 months. Management is working hard to insure that manufacturing capabilities are scalable enough to meet any and all future demand.”
Poor suckers. Tim’s right… you always have to check who is getting paid to say what about pennystocks. This has happened millions of times before, and it won’t be the last time. For every 100 companies on pinks or OTCBB, only 1 or so will actually make it. Do you want to bet against those odds?
Poor suckers. Tim’s right… you always have to check who is getting paid to say what about pennystocks. This has happened millions of times before, and it won’t be the last time. For every 100 companies on pinks or OTCBB, only 1 or so will actually make it. Do you want to bet against those odds?
If this guy’s wrong (AGAIN), we all need to make it a point to rub it in his face. We should have a better idea of where SPNG is headed by the end of next week (6/26). I got in at .04, so I don’t really care if he’s right. I just enjoy putting a lying douchebag blowhard in his place.
Like to watch Stargate Atlantis episodes and also Lost. I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Look forward to reading more from you in the future.
So far Sykes appears to be correct for the short term on SPNG. 30% return is good even if his original position was at 10,000, and if it works for you, your blessed.
But the hype on SPNG is really good and tested true on some cases.
1. Purchase their product: Last week I bought one of their car sponges, it works great and the wax job was pretty noticeable. For 10 bucks you get about 8 washes. Still on the fence, because you can buy 50 washes of soap for 6.99 a bucket of water and a rag. This is just one product that i have tested, they have others to choose from.
2. Marketing: I watch fox news and espn and on both instances i have seen spongetech commercials. I also saw their sign at the HR durby game exactly where they said it would be, right field big and blue. However the sign was rather plain and displayed spongetech.com but it was there.
3. “For every 100 companies on pinks or OTCBB, only 1 or so will actually make it. Do you want to bet against those odds?” Not really but if im going to choose a company against the odds provided, I choose SPNG.
4. Spent more on less: Im not saying back the truck up, but keep some skin in the stock. Discipline weighs ounces but regret weighs tons.
5. Positive Growth: The acquisition of Dicon Technologies opens up a host of possibility for SPNG to become a house whole product. Time is the greatest factor, but if they continue with little overhead, great products, and great marketing, it continues to be a bet I am willing to loose on because no matter the odds on this pony, the pay out can be huge.
So far Sykes appears to be correct for the short term on SPNG. 30% return is good even if his original position was at 10,000, and if it works for you, your blessed.
But the hype on SPNG is really good and tested true on some cases.
1. Purchase their product: Last week I bought one of their car sponges, it works great and the wax job was pretty noticeable. For 10 bucks you get about 8 washes. Still on the fence, because you can buy 50 washes of soap for 6.99 a bucket of water and a rag. This is just one product that i have tested, they have others to choose from.
2. Marketing: I watch fox news and espn and on both instances i have seen spongetech commercials. I also saw their sign at the HR durby game exactly where they said it would be, right field big and blue. However the sign was rather plain and displayed spongetech.com but it was there.
3. “For every 100 companies on pinks or OTCBB, only 1 or so will actually make it. Do you want to bet against those odds?” Not really but if im going to choose a company against the odds provided, I choose SPNG.
4. Spent more on less: Im not saying back the truck up, but keep some skin in the stock. Discipline weighs ounces but regret weighs tons.
5. Positive Growth: The acquisition of Dicon Technologies opens up a host of possibility for SPNG to become a house whole product. Time is the greatest factor, but if they continue with little overhead, great products, and great marketing, it continues to be a bet I am willing to loose on because no matter the odds on this pony, the pay out can be huge.
SPNG has started its cliff dive, suckers will soon be taught their latest lessons, condemned not to remember it
SPNG has started its cliff dive, suckers will soon be taught their latest lessons, condemned not to remember it
Tim, I think your analysis of SPNG is totally off-base.
I’d like to know which other pump and dump scams have products that are popping up on more store shelves every day.
I’m not talking about the billboards plastered at Citi Field or at the HR Derby. Given the economy, people aren’t going to the car wash as much. Still, that big filthy SUV has to get un-mudded somehow.
The damn sponge really does work. I rubbed off many layers of filth with relative ease. I also know three people who have used that crazy Uncle Norman pet sponge to give their dogs baths, and they all swear by it.
What’s my point? This stock is worth at least .75-.95. When it hits that level, I’ll send you a nice muffin basket with my profits.
Obviously this isn’t going to happen immediately. However, people like me who locked in shares at under 5 cents, the last laugh will surely be ours.
Tim, I think your analysis of SPNG is totally off-base.
I’d like to know which other pump and dump scams have products that are popping up on more store shelves every day.
I’m not talking about the billboards plastered at Citi Field or at the HR Derby. Given the economy, people aren’t going to the car wash as much. Still, that big filthy SUV has to get un-mudded somehow.
The damn sponge really does work. I rubbed off many layers of filth with relative ease. I also know three people who have used that crazy Uncle Norman pet sponge to give their dogs baths, and they all swear by it.
What’s my point? This stock is worth at least .75-.95. When it hits that level, I’ll send you a nice muffin basket with my profits.
Obviously this isn’t going to happen immediately. However, people like me who locked in shares at under 5 cents, the last laugh will surely be ours.
On, TONS of pump & dumps have fed off the ignorance of those such as yourself…when people pay promoters instead of investing in the company, your stock is worthless, i have no time to teach u, thats why i created dvds:
https://www.timothysykes.com/store
On, TONS of pump & dumps have fed off the ignorance of those such as yourself…when people pay promoters instead of investing in the company, your stock is worthless, i have no time to teach u, thats why i created dvds:
https://www.timothysykes.com/store
I want to make a few things clear.
I think anybody who invests more than 25-35% of their total assets in this market is foolish unless they’re shorting a lot of stocks or got into underpriced companies when they hit their march lows.
As far as SPNG goes, like I said, anybody (like myself) who got in under .05 is sure to take profits at some point and rate it as a success. HOWEVER, anybody who devotes more than 1-3% of their total portfolio to a stock like this is more than likely to be disappointed. I like to use a really cheap stock or two like this for speculative and “entertaining” growth. I’ve been prepared to lose my total investment since the second I committed. However, I find it extremely amusing to watch people panic and overreact while I sit, do nothing, and wait.
I want to make a few things clear.
I think anybody who invests more than 25-35% of their total assets in this market is foolish unless they’re shorting a lot of stocks or got into underpriced companies when they hit their march lows.
As far as SPNG goes, like I said, anybody (like myself) who got in under .05 is sure to take profits at some point and rate it as a success. HOWEVER, anybody who devotes more than 1-3% of their total portfolio to a stock like this is more than likely to be disappointed. I like to use a really cheap stock or two like this for speculative and “entertaining” growth. I’ve been prepared to lose my total investment since the second I committed. However, I find it extremely amusing to watch people panic and overreact while I sit, do nothing, and wait.
IVOB
College stock has been pumping this stock for the last month and has been compensated 2.6 million shares of common stock.The stock has risen a bit in the last month but its my opinion, “and i’m stuck with it” that it will go higher from here . I just dont think its over yet.
IVOB
College stock has been pumping this stock for the last month and has been compensated 2.6 million shares of common stock.The stock has risen a bit in the last month but its my opinion, “and i'm stuck with it” that it will go higher from here . I just dont think its over yet.
IVOB
College stock has been pumping this stock for the last month and has been compensated 2.6 million shares of common stock.The stock has risen a bit in the last month but its my opinion, “and i'm stuck with it” that it will go higher from here . I just dont think its over yet.
Funny that this whole discussion is here. I’ve been looking at some pennies and joined a board or two and noticed that there was always a BANG in the morning and drain to the end of the day on the ‘pumped’ stocks. some of them even seem to have some value, etc. i even bought one as it pulled back from .18 to .12… then to .10… and is now at .08 or so…
However, for some reason, today I started researching pump and dump (after I wrote blurb about it in my own blog – mostly as an afterthought.) I started looking at some of the disclaimers on the stock “tips” and finding that the tipsters were being paid to pump the stock. I noticed the tips always come at 9:30a, and then sometimes again at 1:30p (for a pop on the open and a bump just before the “power hour” that’s supposed to make the run.)
Some of my research brought me to Tim’s site (for the 2nd or 3rd time). He’s on to something.
Look at SPNG today… it finished around .14. up from an open around .11. Five days ago it was .20+. You could have shorted it then, sat around doing nothing, and pulled 40%+.
If you bought shares in April, you’re happy. Who BOUGHT shares of this in April?
Funny that this whole discussion is here. I've been looking at some pennies and joined a board or two and noticed that there was always a BANG in the morning and drain to the end of the day on the 'pumped' stocks. some of them even seem to have some value, etc. i even bought one as it pulled back from .18 to .12… then to .10… and is now at .08 or so…
However, for some reason, today I started researching pump and dump (after I wrote blurb about it in my own blog – mostly as an afterthought.) I started looking at some of the disclaimers on the stock “tips” and finding that the tipsters were being paid to pump the stock. I noticed the tips always come at 9:30a, and then sometimes again at 1:30p (for a pop on the open and a bump just before the “power hour” that's supposed to make the run.)
Some of my research brought me to Tim's site (for the 2nd or 3rd time). He's on to something.
Look at SPNG today… it finished around .14. up from an open around .11. Five days ago it was .20+. You could have shorted it then, sat around doing nothing, and pulled 40%+.
If you bought shares in April, you're happy. Who BOUGHT shares of this in April?
Funny that this whole discussion is here. I've been looking at some pennies and joined a board or two and noticed that there was always a BANG in the morning and drain to the end of the day on the 'pumped' stocks. some of them even seem to have some value, etc. i even bought one as it pulled back from .18 to .12… then to .10… and is now at .08 or so…
However, for some reason, today I started researching pump and dump (after I wrote blurb about it in my own blog – mostly as an afterthought.) I started looking at some of the disclaimers on the stock “tips” and finding that the tipsters were being paid to pump the stock. I noticed the tips always come at 9:30a, and then sometimes again at 1:30p (for a pop on the open and a bump just before the “power hour” that's supposed to make the run.)
Some of my research brought me to Tim's site (for the 2nd or 3rd time). He's on to something.
Look at SPNG today… it finished around .14. up from an open around .11. Five days ago it was .20+. You could have shorted it then, sat around doing nothing, and pulled 40%+.
If you bought shares in April, you're happy. Who BOUGHT shares of this in April?
You can add PLLX…ICRD…HYHY…MITZ…AFTC….to your list.
I bought and held SPNG (now SPNGE) just long enough to make money
if you’re holding it now…you’re middle name is sucker..
I bought in at .006 and “DUMPED!” AT .28. Notice the word “dumped?”
That’s all this stock is.
You can add PLLX…ICRD…HYHY…MITZ…AFTC….to your list.
I bought and held SPNG (now SPNGE) just long enough to make money
if you're holding it now…you're middle name is sucker..
I bought in at .006 and “DUMPED!” AT .28. Notice the word “dumped?”
That's all this stock is.
Great Job Tim! Don’t let them get away with this!
Great Job Tim! Don't let them get away with this!
I am into AAPH and I see it on your list as a pump and dump… however, the company is profitable and they have a new oil field – proven – which they are planning 10 step-out wells for – 1st hole producing at 240 BOE – this is not a company that is a worthless POS…I wonder if those who say something is sh*t ever retract their statements?I realize there is huge fear of being ripped-off by evil manipulators but the width of the brush used can put tar and feathers where non is warranted.
by the way there revunue is only 92k how could they build new oil fields with that little of money?
What about NWMT? Peresently at .0005 with over 100 million income? How can that be? Or is it?
looks like everyone that was arguing about spng was wrong the company is now worth .0001 cents a share lol dang even when buying it at .04 that is a huge loss. you now have nothing
When you reiterate about the things that matter “it’s a pump and dump”, and the things that don’t matter, company name, what they produce, etc. It gets rid of the clutter.
Thank you.