GVBP & SPNG

GVBP has been posting gains of around 40% daily over the past 3 days... For those that think it's too late to get in, I respectfully disagree. At this rate we should see $1 by Thursday. And although the talk of a pump & dump remains eminent, and while shorters continue to bash the stock, the momentum is still stronger than ever. I'm still holding more than half of my position (free shares) although I plan on selling a solid majority just under $1. Good luck!

UPDATE: Wow, that was one heck of a pump at the close. I secured some more funds by selling another portion of my shares at the bell. Now I'm just holding on to a couple hundred shares just to see where this thing will go from here... It looks like we will officially close around .75-.80 -- if more news comes between now & tomorrow afternoon (I don't see why it wouldn't, they have been averaging 3 releases a day) then it is likely we will actually end up seeing $1 tomorrow. I may re-consider buying-in at this point, although there is still room and we have seen crazier things...

Now onto what I openly call "the internets favorite stock". It seems like every message board or stock head that I come into contact with has something to say about SPNG. I've long set my limit for .12 before it's recent ride into the .20's and unfortunately I missed the boat, however a recent major sell-off has occured and now we're back at Point A, .12 -- a very solid entry point for a stock that has a pretty genius advertising campaign airing on Nickelodeon (sponge bob sponges kids??), not to mention car care products that have been hitting the shelves at costco's and hopefully more distributers soon. The problem is that there is a some speculation going on with their books, there 10k is reportedly due tonight and if they prove to have lied about profits, as they are being accused of, we will see an even larger sell off. However, if the news comes and there books look good, we should see one heck of a resurgence. Bottom line, this is the most supported stock on the OTC, and for good reason considering it is a well marketed product with an expanding product line, but if they did lie about their books then this stock will have little integrity left. Watch the news closely over the next day and make your move accordingly. Good luck!

UPDATE: Here's a pretty cool article I found on there advertising campaign in sports.