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TAPM/NFT 500 still active in NFT transactions, just a lot smaller $ amounts, check open sea for details.
Let’s see if all that selling last quarter was for end of year tax reasons.
50 cents. Crazy from another poster months back, very probable now. How can this be a mil and a half market cap company? The owners are genius, maybe they need to dig a little deeper.
Something seems substantially worrisome, that there is still constant selling at around $2 mil market cap is confounding. Definitely worrisome nonetheless. Many a OTC pink sheet penny stock has gone to zero. Just read a NFT art article that put some interesting perspective that has some strong points on why it isn’t innovative over what was available already. Not sure about the pick ups since the early NFTs by TAPM. Still holding, but we could all definitely lose a lot on this one. Hopefully not.
Seems like the same person may want to unload their shares of TAPM. Only a guess, but looking at their lot size and trading patterns leads to that assumption.
Hopefully not one of the owners. Lol
For the Bid, could have hit or be close to the low. But never know, the market movers really seem intent recently on moving the prices lower, even on tiny sell volume.
Volume certainly picking up.
For some reason they want to take Ask down at least another 20 cents according to the action and spread. Hopefully around 50-60 cents will be the low.
Still holding
Some of what Tapinator deemed/bought NFTs from creators in the past, same creators are selling a magnitude of more new NFTs for fractions fractions less, not good
You can tell the market movers are getting ready to move the ask down…..at least another 20 cents down on the ask
At these prices, holding a good idea, unless you need to buy groceries
Whoever said 50 cents for TAPM months back on this stock message board is probably going to be correct.
Lot of shares available at $1, someone is unloading. Good news is this company has been around awhile, seems like solid partners running it, and last quarter they only spent a net $50k on NFTs. Good chance the doors stay open. And long haul those handful of top NFTs they are holding will probably reach eight $ figures. This will probably take years to materialize.
Sub $1mil market cap if stock market gets slammed. This is absolutely crazy.
This is crazy. Market cap was under $2mil at one point today. For a profitable company, this is crazy.
Where’s the bottom here? What happens to TAPM if whole stock market tanks? Is the stock price any correlation to TAPM’s survival?
No tweets on NFT500 in over two weeks, not sure there’s been a drought this long. Is company going belly up? If so, what happens to the NFTs they are holding?
The market cap is so small. Not even $5 mil. If the stock market has another sharp pullback, where does it go then?
And another 5k on Twitter @firstcollector ….
Jeff, just chiming in because you’ve been the only one posting and wanted to help with some conversation here. If anyone is looking for a pump play, this may not be the one anymore. The app games portion is leveling out and probably won’t have robust growth for some time. The best of breed NFTs they are accumulating could take decades to fully run their course. Don’t invest in this one unless you really expect to hold for a long time.
NFT500 is “very” active on Openseas NFT marketplace. Lots of buying and selling lately.
Check out the “activity” option for NFT500 on Openseas, I think you’ll like what you see.
Earnings coming again! Hard to believe it’s already that time again.
Probably needless to say, lot of uncertainty around art NFTs and crypto right now, as well as stocks and the economy in general. Hopefully everything gets its mojo back sooner rather than later.
If market really gets punched, this one going to $1.50.
Might go
Wayyyyyyy down.
Buy more if it goes golden.
No volume, most likely it will continue to drop. Got to go with what you perceive the value of the company really is and ignore the price movement in between. Hopefully the macro market holds (stocks/crypto) that could definitely have an impact outside of what Tapinator is doing.
Go to Open Sea app, then search NFT500, then sort by “recent”. You can see the NFTs that TAPM buys and how much they go up after the purchase.
It’s amazing! Some day fellas, some day soon!
Looks like TAPM may have 8 moonbird NFTs , which have skyrocketed in price over the last few months. Given the floor price of this series, looks like theirs are worth about $1million now. They must have made a killing over their purchase price on these.
This might take some time to develop.
The value seems to be there, the investor interaction has been tough to get/keep stimulated.
NFL GOAT Tom Brady just bought a Bored Ape Yacht Club for $430k, it’s all over the news. NFT500’s Ape has a gold jacket, which anything gold on the Ape catapults the price (TB’s had no gold).
Twitter @NFT500 is where you can see most the new NFTs they pick up. Looks like they just picked up another Tyler Hobbs piece (his work is some of the higher valued), the legendary Bruce Gilden, and some amazing Colombian artist’s work. Also they just mint another new Ape they just posted a few hours ago.
Looks like TAPM got to mint a Mutant Ape Yacht Club for owning a BAYC. This series has a $70k floor right now.
It’s incredibly undervalued.
The market cap should be $20 mil plus, even without any speculation.
Agree, their NFT business will almost certainly be bigger than their mobile gaming business. There is a chance that their NFT Publishing business alone could surpass their mobile gaming business very soon. Last quarter it was pushing just short of a million $.
Additionally, incomplete control NFT pieces floor price is now $350k, that’s for the cheapest one out of 100. Go Tapinator. I think mgmt is being more selective, now that they have about 400 NFTs. What’s nice about that $350k incomplete control NFT by Tyler Hobbs, is it gives Tapinator priority on any other Tyler Hobbs releases…..Tyler’s pieces sells in top 1% value-wise of all new NFTs….it’s basically cream of the crop. Might take awhile for TAPM stock to really skyrocket, but from what we do know, it’s incredibly undervalued, and a very small market cap that it already returning an annual profit.
Chalk another approximately quarter mil $ for TAPM….the two bored ape yacht club pieces, just got them this….
Each Bored Ape owner was given 10,904 “free” tokens, worth about $111,904 as of Tuesday, and each Mutant Ape owner was given 2,042 tokens, worth about $21,971, according to the ApeCoin website. And although the entire collection contains 10,000 NFTs .
Good chance TAPM increased shares in efforts to move company to a higher level exchange. This would be great for investors, as many stock holding entities can’t or won’t own OTC stocks.
As of now those dumpers got cash for all the shares when they sold, plus about a 100% more now in stock equity. This is crazy. And the people who bought between March 2 and March 16 lost almost everything they put into it. Now current investors are paralyzed because they are illiquid because 80% of their shares are currently untradable because they are not in their trading accounts. Ummmm
Not good that the shares aren’t showing up in people’s trading accounts, yet the shares are trading at the new price. Stock dividends traditionally have a declaration date before the ex-dividend date. This did not happen. Curious dump around March 7, but those guys get 4x their shares even though they dumped. Not good.