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  1. imromo24 is offline
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    09-02-2009, 07:11 AM #151

    spng must read report

    look at the numbers in this report...EPS=.02 PE=10.5

    Net Profit Margin (%) 17.02

    this just came out

    http://globalequityreport.com/spng_techview.html

    sell one of your stocks that your down 50% in and get in NOW!! (just sayin') sell spng in two weeks if you want but its going up from here.
    Last edited by imromo24; 09-02-2009 at 07:15 AM.

  2. imromo24 is offline
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    09-02-2009, 07:13 AM #152
    spng

    the reason that report is so important is it just put the eps at .02 and the eps is listed on everyones trade software as .01

  3. imromo24 is offline
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    09-02-2009, 07:16 AM #153
    I know it sound shitty to say BUY this and I hate to do it but at this point i feel bad if I don't scream from the mountain top, Im not pumping, just warning, don't miss out...

    After reading that report im sitting here like this

  4. imromo24 is offline
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    09-02-2009, 07:21 AM #154
    PS. Nothing is a sure thing and do your own DD...read that report

  5. thetree is offline
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    09-02-2009, 07:32 AM #155
    So, according to the report the stock is valued correctly right now? .02 X 10.5 = .21

  6. imromo24 is offline
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    09-02-2009, 07:47 AM #156

    disclaimer

    ok look i feel bad for saying sell one of your stocks and buy spng...i hope you understand i think you know what you're doing...if you own 300k shares of a sub penny that could spike to 1 penny making you $40k off $40 then you have to decide whats right.

    I feel spng could double by october and be at $1.87 in 12 months (or better)

  7. imromo24 is offline
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    09-02-2009, 07:47 AM #157
    Quote Originally Posted by thetree View Post
    So, according to the report the stock is valued correctly right now? .02 X 10.5 = .21
    Yes, but the industry mean for pe is 14.7 and the average is 36

  8. imromo24 is offline
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    09-02-2009, 07:51 AM #158
    take into consideration forward looking statements...they will more than double their retail presence from 40k stores to 100k by years end...

    they had $70MM in orders in the first quarter where as revenue for all last year was $50MM.

    The orders equate to around 57% revenue...so in one quarter they have done $40MM revenue.

    Also......they are buying back shares

  9. imromo24 is offline
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    09-02-2009, 07:53 AM #159
    Im already all in so i can't buy more (well i could sell miggle but i got 800k shares, id like to see what it will do)

    If you have any questions/debates/concerns please bring them up for everyone ASAP.

  10. thetree is offline
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    09-02-2009, 08:07 AM #160
    But sponges? really?

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