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MadJack

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Picked up 4000 at 2.37 today. GNVC. I like the play.

I just bought 10,000 @ $1.98

A little dilution announced today helped drop it this morning. Hope I found the bottom.

good luck!
 

MadJack

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Typical. I guess I didn't find the bottom. I guess I'll just take a seat and wait it out :rolleyes:
 

MadJack

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I was lucky they dropped the news in time for me to cancel my 2.20 buy, still holding my original position.

:eek:
now is a good time to buy more if you wanted to. hell, the institutions that bought the new offering paid more than $1.90. something tells me they aren't just throwing $28 million away :shrug:
 

djv

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Wow that went fast. Had too buy at 1.89, 4000 of GNVC. MY spec money is all in.
Vinnie, I think UYM is agood move I bought 600 at 28.75.
 

dogface

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SPNG: Spongebob Review:

http://www.11alive.com/news/local/try_it/story.aspx?storyid=140129&catid=292

Wait more positive news, considering the crap we are still going through. New Marine Division:

marinebanner_3.png

http://www.spongetechs.com/Articles.asp?ID=132
marinenewflash1.jpg

marineflash2.jpg


Little PR:

Press Release Source: SpongeTech? Delivery Systems, Inc. On Thursday January 28, 2010, 9:30 am
NEW YORK--(BUSINESS WIRE)--SpongeTech? Delivery Systems, Inc. (?SpongeTech?) ?The Smarter Sponge??, (OTC: SPNG - News) is pleased to announce a new soap-infused sponge designed for cleaning all marine surfaces and water crafts. The new ?Marine Wash & Wax System? comes with one infused wash and wax sponge, one detail sponge, and one Eliminator? chamois. The sponges are manufactured with the same patented technology used in SpongeTech?s innovative reusable cleaning products. They are embedded with specially formulated antibacterial soap and wax which dispenses only when wet and squeezed with the ability to wash and wax boats and water crafts multiple times. SpongeTech's "delivery system" technology also inhibits the growth of germs and/or bacteria within the sponge.

The Marine Detail Sponge removes scuff and dock marks; polishes propellers; and removes dirt, scum, grease, oil, fish blood and salt residue, all while being safe for use on water crafts, fish finders, and GPS systems. The system also comes with an ?Eliminator? Chamois" which holds 8 times its weight in water and dries each vessel to a high shine.

SpongeTech?s COO Steven Moskowitz commented, ?The marine products add significant value to our already popular product lines. We believe this is just what the marine industry needs to help keep boats and water crafts cleaner with an affordable multi-use product.?

For more information about the new Marine Wash & Wax System and all other SpongeTech products please visit: www.spongetech.com. The Marine Wash & Wax System is available to purchase online and is expected in retail locations this year.

dogface
 

vinnie

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What are you looking for on AA?

If it goes above $15 before the 2nd quarter report or earlier, I'm out.

I'm not selling it at a loss I don't need the money so it's a hold. Long term it's money.


We need job growth :shrug:
 

vinnie

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dawgball, I'm sorry if I helped get you into AA this time.

We may have to tie up the money for awhile but just hold you won't lose anything.

I may even add more depending on how far it drops.
 

dawgball

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dawgball, I'm sorry if I helped get you into AA this time.

Only thing that will piss me off is if you make another comment like that! :scared

It's all good with me. May sell some covered calls and watch. Should have done that from the beginning anyway.
 

vinnie

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LONDON, Jan 28 (Reuters) - U.S. aluminium producer Alcoa Inc (AA.N) said it plans an orderly shutdown of its two Italian smelters by February 6, despite government efforts to find energy at a competitive price.
 
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