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brtgibbs 08-08-2008 02:41 PM

SPNG
 
Spongetech Delivery Systems, Inc. engages in the design, production, marketing, and distribution of hydrophilic polyurethane sponge cleaning and waxing products primarily for vehicular use in the United States. The company utilizes patented technology relating to sponges containing hydrophilic, which are liquid absorbing, foam polyurethane matrices. Its product portfolio comprises specially configured sponges containing an outer contact layer and an inner matrix; children's bath foam sponge with a safe mesh coating, which prevents tearing; and household cleaning sponges infused with anti-bacterial bath and kitchen soaps. The company was founded in 1999 and is based in New York, New York. (From yahoofinance.com)

Take a look at this stock everybody. Looks like a decent trade. We seemed to have put in a low yesterday on super high volume. Today I was watching it and near the end of the session there was just massive buying pressure going on non-stop! It was relentless! Somebody shorted quite a bit at .027 earlier but had to puke them back as the price wasn

profittaker 07-08-2009 11:27 PM

Sponge lovers, unite! Now the stock has leveled out to .10-.11 range with occassional swings to .13...definitely an agressive penny play but I tihnk it has the right stuff moving forward.

Their recent SpongeBob addition to their product lineup also coincides with the character's tenth anniversary.


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