Out of curiosity, how many shares are out there? The stocks 30 EMA volume is 1.47 billion.
SIRIUS XM SATELLITE RADIO FORUM
Out of curiosity, how many shares are out there? The stocks 30 EMA volume is 1.47 billion.
EVFL
Shrub -box says ...
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SHARES AUTHORIZED 04/22/2009
100,000,000,000
COMMON SHARES OUTSTANDING 06/30/2009
21,165,709,634
Recent Daily volume of trades makes it SEEM that the float is much higher now than one billion shares. 08/21/09
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Picked up 6955 shrs, going to see where that takes me, will try candlemans strategy, make a Benjamin here and there, it's all good!!!!
Any thoughts on where spnge will go short term, I saw the dip below .10 and jumped on it, I would have thought with the news about pulling there investment in getfugu the pps would have increased?
Hey Andy, it was the other way round - getfugu rescinded the deal, I honestly thought it was going to take a bigger hit than it did.Originally Posted by Alaska Guy
Here is another little example of how being a member of this community can pay off very well.
Bill posted something about DLAD this morning. I spent a few minutes looking into it and looked like it might move a bit today.
So, at 10:35 or so, I bought a million shares at .0006 for 610 bucks. Then I went grocery shopping and I hit the liquor store.....
When I got back at 12:30, I sold those shares at .0008 for 789 bucks.
Guys, that was 188 dollars profit after fees.
So, this morning I made $188.00 while I was picking up a cheap bottle of Canadian Whiskey, and some Coke that was on sale to mix with it. Not bad!!!
So, that's what I mean by getting in and getting out. I'm never going to get rich by doing it this way. But, it certainly can pay my way in life.
I bought into GFGU this morning thinking that it would rise on the news today. And sure enough it did and I just sold at a 4 cent per share profit. That's just a 42 dollar profit after fees. But, these little trades add up quickly as the day roles on.
To be honest about this. It really helps to have a margin account set up. That way you don't have to wait for trades to clear...at least not with Scottrade. So, you can buy in and out of the market several times a day.
If you buy in 1400 share increments. All you need is a 8 cent swing in price and you net a cool hundred bucks with each trade. Most big board stocks will swing that much on any given day. So, there are thousands of opportunities to do this each day.
Congratulations!
I think the fugu deal may be related to a buyout of spng and the company considering the buyout said we want that money back...
or, interestingly read the letter to shareholders and it said the deal wasn't done and details were being worked out, so spng may have been getting a good portion of the company (ala liberty getting 40% of sirius) and gfgu decided it would do fine on its own.
thirdly its all a money laundering scam and one or the other didn't want to be affiliated with the other? LOL who knows, can't wait to buy more soon...either way spng is going to the fall car shows and is still selling product and just got phillips distribution....so i believe the buyout option above (but its a wild ass guess)
either way this is either my last stock and im broke or ill be rich
Aah shit, did I have it a$$backwords? I thought spnge invested in getfugu? It doesn't make sense that getfugu would invest in spnge?
Wow, the Sponge is off by 12% today.
It would be nice to find a bottom soon. I'm averaged at .12, I'd buy more and lower the average, but I'm just not sure if we're near the bottom yet.
yeah, spng gave money as an investment, the pr today says gfgu rescinded, could be that spng wanted to much interest in the company for the $$
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