Forum > SPNG- How does anyone feel about this play?
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Pettit33

Member since: Nov 08

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I was thinking about buying more shares but wanted to get a consenses for here how everyone else feels about it.  Please, let me know your thoughts.
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dclark1

Member since: Jun 09

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I like it.  For some reason management authorized 2billion shares of common stock.  This makes no sense considering the company has no debt.  I sold because I'm scared they will dilute it.  However, they could be planning on buying Dicon.  But that is purely a guess.  I'm out for now and waiting to see what they are up to.
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MrReed

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Lol, I was laying in bed last night, and they're commercial came on, and saw the Publicly Traded Company line at the top of the screen, I was wondering about that.  Are they really a good company?  Is all they make is that Car Wash Sponge thingy? 
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rackir

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The thing thats scary is they keep issuing shares like they are water.
The company is making a profit but im real wary on what they are doing for the shareholders

it can be played tho for sure
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MrReed

Member since: Dec 08

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The bigger question is, what would Vince the Sham Wow guy think of this?