Spongetech Delivery Systems Inc. (SPNG)’s List Of Paid Promoters aka Rubbing The Fact That This Is A Blatant Pump & Dump In To Suckers Who Don’t Get It
Posted by Timothy Sykes on Sun 14th of Jun, 2009 01:00:29 PM
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No matter how much I post about SPNG’s scummy management backgrounds as they dilute their shareholders to death and teach about the success I’ve had Short Selling hundreds, literally hundreds, of similarly “breakthrough” pieces of promoted crap through my instructional DVD packages and TIMalerts real-time trade alerts newsletter, people still trust message board hypesters, PRs and sales copy and it pisses me off.
I know there’ll always be suckers and 90%+ of traders lose $, 99%+ of penny stock idiots, but I’m determined to make my presence felt so even I can’t save ‘em just yet, they will remember Timothy Sykes warned them before they got sucked into the typical pump & dump death spiral (as I explain in my original PennyStocking DVD)
I’m only short 10,000 shares SPNG at 17.7ish cents/share just to get my foot in the door…and because I’m disappointed the pumpers couldn’t get this stock higher before the inevitable dump…but now I’m on a mission to cut through all the misinformation and misdirection SPNG, their management and their paid promoters put forth.
Look at the screenshots below and begin to understand that all the positive crap out there has been paid for, aka it’s not independent nor accurate, and should be ignored:
I’d love to see more promotion & a higher stock price that’s more worthwhile for me to short a bigger position, but as it stands now Friday’s price and volume action combined with the fact that management is such scum and have paid soooooo many promoters sooooooo many shares leads me to believe this will dump back to the 8 cent/share Friday lows and lower in the coming days and weeks as the pumping turns into dumping by those who were given buckets of shares in exchange for manipulative email blasts that so many fall for.
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Other Websites Referencing This Post
- Stock Promoters Manipulating Penny Stocks Are Baaaaack, Here’s 7 Of Them, TIMalert Subscribers Banked $2,000+ | TIM - Timothy Sykes
- How I Made 35% In One Day Trading Penny Stocks | TIM - Timothy Sykes
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $92,304 (644%)
Tim…what happens if you are wrong on this one?
Tim..it really sounds like you are desperate on this one because your gain for the month so far is only $394….hummmmm….I made more than that ($7,000+) last week alone.
I hope you are right….so that you can make some money this month because you sound like you really need it….Oh yeah by the…you are no longer up 366% so you might want to change that on the upper right hang corner of your blog….lol.
I just got you all fired up now, right….lol (you are so funny).
Tim, the blind will not see until AFTER they lose ALL their money. Sadly, it is human nature, not just naive investment mentalities.
Yahoo message boards are attacking YOU personally, not your specific arguments like compensation for Lebed which says it all to any informed person.
But you can lead a horse to water but you cannot make him drink, as the saying goes, so the blind longs in SPNG will only “get it” once it goes sub penny again. At least the experience will teach them well for the next scam…
Chiko, its impossible to be wrong about a pump & dump, the facts speak for themselves…all i can be wrong is about when its over…i have a small position because i’d hoped they could pump it higher, i’ll add if it goes higher though as i dont think it can sustain this kind of volume..and thats what all my DVDs teach, how to spot when a pump turns into a dump…my DVD students know this has already displayed some important signs
And Chiko, I’m up $1,000+ this month even while its been tough for short sellers….not that it matters who much i’m up, it matters how much my subscribers are up and theyre banking
TIM, I am righting a blog on my website about penny stocks. Is it okay if i mention you and put a link to your website? i will write positively about u. please tell me.
I’m following you on twitter and I saw the post you made about yahoo beating you up for being wrong on HEB so I looked into it and I was just wondering how you answer to that? Was it just a glitch in your judgment; a bad call? Thank you:)
Tim
Do we need to send you this girl to help you relax?
We have been compensated by a third party Corporate Evolutions, Inc. sixteen thousand dollars for publication of this profile
Tim
Do we need to send you this girl to help you relax?
http://shazamstocks.com/profiles/spng/index.php
We have been compensated by a third party Corporate Evolutions, Inc. sixteen thousand dollars for publication of this profile
Noah, being wrong on HEB? What are you talking about? I shorted that for a 25%+ gain…focus on my trades, not watchlists where i just think outloud about what may play out
Are you prepared to be wrong today buddy? SPNG is a lot stronger than you think….Sorry Tim, it not possible to be right all the time…it’s ok.
I hope you sleep well tonight…lol.
LOL chiko, its a longterm position, 2,5,10 cents/share doesnt matter, the dump will inevitably be on
Hey Tim -
Don’t want to stick my oar into the debate too much here and I’m not a Tim hater before I get nailed on your bb…. but anyways here I go..
Do you not feel bad effectively robbing the naive of their cash? Surely you are no worse than those instigating the pump and dump if you are shorting into fading volume after a stock has been talked up. I’d like a strategy that shafted the bastards making a killing day in day out gambling with cash, not naive parent, uncle, cousin etc that gets sold into effectively handing over their cash to guys like yourself!
While speaking of taking money off of the naive; your strategies from what I can see amount to no more than a bit of technical analysis. I’m not knocking it, just curious to know what you think is better about your from anyone else’s strategy? As far as I am concerned, 90pc of traders (as you say) make losses because their principles are fine - they just don’t stick to them and get emotional! On that basis, how is buying your DVD going to get me or anyone else any further than a book / free info on the web?
I do find your site interesting and I have subscribed to your alerts service but there are two points that I have always bothered me about yourself and your site.
What i must sat on the positive side is that you have encouraged a whole generation of people to have a dabble and some have become very successful off the back of this. That’s great to see… I guess you are just working with a double edged sword in this business!
The jury is still out on your approach, but I admire the success you have made of your knowledge and wish you all the best
Tim, is it possible for an OTCBB stock to go up on its own merits? I am of the belief that most microcaps go up because of the program they have in place. I have seen very few move without a “program” in place. As far as SPNG’s program is concerned, it is unsophisticated while expensive. Anyway, P&D or not, people can make money on it if they know what they are doing…
Wow, Glad alot of people didn't listen to you. You might have made a whopping couple hundred of dollars, but many more people made a ton more money by staying long on this stock. It would be nice to see you admit your errors once or twice and not just the ones you guess right on.
lol, now who's right?
I was neve in SPNG's but it looks like Tim was right about this one.