Ok….ok….ok, I really only made $988 (190,000 shares of SPNG x $0.0052 gain) today. But who really cares, money is money and I’ll take it anytime (wouldn’t you?). Well…like I’ve been barking (saying) for a while now, SpongeTeach Delivery System, Inc. is a great company in the making and some people are starting to realize this.
I first bought 25,000 shares of this company back in January. When I got to know this company and what they where planning to do in the coming future, I decided to use some of my tax return money to purchase 45,000 more shares of SPNG. Looking to take on more risk for potentially more profit, I decided to buy another 30,000 shares for a total of 100,000 shares of SPNG. Looking more into this company and seeing, feeling, and hoping that everything was really great about this company, I decided to do the unthinking (what they teach you not to do when it comes to investing in the stock market). I sold my shares of other companies just to buy more SPNG last week for a total of 190,000 shares of SPNG. That is how it all happened (went down), for the past two months I’ve been accumulating shares, and it seems to be paying off big time.
I think this is just the beginning of things, wait until they roll out their products into major store chains (Like CVS, Walgreen, Walmart, and others). Oh yeah, I can’t even begin to imagine what will happen once they release other lines of products (which they are currently working on). And don’t let me forget Sponge Bob…..This should easily be a $1 company in no time (Sorry, I think I am over promoting now, but wouldn’t you?). When this company decides to go to $1, I will be here waiting for it because that will mean $190,000 for me (which equals investment in some rental properties and future businesses) What? You thought I was going to say cars, shoes, TVs, parties, or other material things…lol…not right now…not yet. Right now I am all about building passive streams of income so that I can be FREE!
What a great way to end the Quarter, I will be updating you all on how my first quarter went later this week (most likely weekend) and setting new goals for the next quarter (2nd Quarter 2009 in the Pursuit of Freedom phase).
Until next time subscriber (RSS or Email) for updates.
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Well done Chiko, very good eye.
Comment by Wasseem — April 1, 2009 @ 12:50 AM
Thanks Wasseem, I’ve been watching this bad boy for a while now. I can’t wait to see this stock at $1.
Comment by chiko777 — April 1, 2009 @ 4:42 AM
I made another $1,000 today. Check out the latest news on SPNG, it’s HOT!!!
Comment by chiko777 — April 1, 2009 @ 6:29 PM
Another $1,000 today on my investment. WOW!!! that is $3,000 in 3 days now.
Comment by chiko777 — April 2, 2009 @ 3:20 PM
[...] I’ve mentioned before that my decision to invest in Spongetech (SPNG), has and is paying off big time. I will continue my strategy of “taking high risk for [...]
Pingback by MyBarnabas : Pursuit Of Freedom: 2nd Quarter 2009 Goals — April 10, 2009 @ 11:19 PM
[...] like this company has the potential to be another money maker like Spongetech has been for me and continues to be, who knows? But, I am willing to find out, so on I will be going on my [...]
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[...] sit ups at home.Can You Afford a Baby? at Prime Time Money — A good article for parents to be.I Made $1,000 Today In The Stock Market!!! at MyBarnabas — I don’t recommend buying individual stocks, but stories like this one [...]
Pingback by * Weekly Highlights: April 12, 2009 — May 8, 2009 @ 9:12 PM
I bought 200000 shares and made over a grand today I love it
Comment by mjw — May 15, 2009 @ 11:38 PM
Congrats! This company is strong enough and putting things in place to go pass $1 per share. Hang on for the ride!
Comment by chiko777 — May 16, 2009 @ 8:55 AM
[...] and have made some money along the way ($8,500 alone this week). Who would have thought that my risk of investing most of my money into this penny stock company (SPNG) could pay off…BIG TIME (surely not your [...]
Pingback by MyBarnabas : SpongeTech Will Make Me A Millionaire: Part 2 — June 6, 2009 @ 10:21 PM
[...] account by the end of 1st quarter. To say the least, I surpassed that goal mostly because of my decision to invest a lot of money into Spongetech Delivery Systems, Inc. (SPNG). I ended the quarter with $2,500 in my trading account, that’s about a 400% increase [...]
Pingback by MyBarnabas : Pursuit Of Freedom: 1st Quarter 2009 Results — June 16, 2009 @ 5:31 AM