Friday, June 12, 2009

SPNG - What a ride

If you take a look at todays SPNG daily chart it looks eerily similar to the DOW from June 2008 through June 2009. The stock soared to new highs today hitting an intra-day high of $.285 before cratering to a low of .075 and then recovering to close at .17.

The money volume today was outrageous for an OTC stock with almost 550 million shares trading hands. That amounts to some serious cabbage.

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