That bitchy old man who smells funny, talks to himself, and generally has a shitty disposition? Yup, that sounds like me.
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Apples and oranges, for whatever it matters.
FB grew with private capital, and only went public once it had achieved a polished product with millions (billions? Not sure...) of subscribers. So large private equity firms took the risk, paid for the "polish", and made huge profits upon going public.
While it is impossible to say what FB's experience would have been if they went the public offering route from day one, one would assume slower growth, lots more bumps in PPS...and certainly not an IPO price of $38.00. I imagine their trajectory would have looked more similar to $TTCM.
If...and that is a big if...Tautachrome were to catch on and prosper like FB, a major difference to you and I is that rather than private capital cashing out upon "success", the average investor would reap those rewards, as $TTCM went public a few months beyond the "dormroom" stage.
Why did $TTCM go this route? Opponents may say because the product is likely not good enough to get private money or other nefarious reasons. Proponents may argue more egalitarian motovations.
Looking at Dr. Jon's CV, I find a nefarious motovation less than likely. He doesn't have the background of a shuckster, as far as I can tell, and likely has the personal credibility and relationships with people who could help him get financing.
Given his background, I don’t know that I see a motivation to spend his retirement? scamming a bunch of penny stock investors.
But, in conclusion, I find it inaccurate to compare FB at the $38.00 IPO stage to $TTCM where it is right now. To disparage $TTCM in this way would be no different from dismissing Zuckerburg at al's dorm room project because it didn't have a million users from the word go.
IMHO
Wish i had followed mine as well, and done it back in the .02's
Thanks for the info.
I got 80% out at around .0145 (late, but appearantly not too late. Didnt buy back in today. Wait to look at morning tomorrow. Would be hard pressed to believe the downward trend contunes, so likely buy back in and make some of that money back while lowering average PPS. No doubts in product or company, just lots of minipulating by MM's. Still feel good here.
Damn spellcheck. Damn it to hell, i say!
Watching some moms would be a vast improvement over this.
MM's are minipulating this...I can see them doing so. First time I have caught proof of it. Interesting...
I keep forgetting...in the "New and Improved America", opinions are facts and facts are only facts if they are convenient.
Silly me.
I have "lost" more money with a stop loss on OTC than i have saved.
Don't get me wrong, I would love to see that...but green is a longggg way back up.
I feel that. Deep in my soul.
The price movement makes no sense. No alignment with what is on the table.
Morning, my man.
This is true. All just BS...but BS with my money.
Looks like i picked the wrong week to quit sniffing glue.
Get a grip, pal. I was talking shares traded.
10k bid at .0175, then drops like a stone...not strong, but there, I suppose.
I read 124,000, but who knows?
Serious f*ckery going on here.
Nail...head...direct contact.
Why of course...
As the product gets better and into more hands, the price will drop.
After 500,000 in marketing and a place in GBoWW, price will continue to plummet.
By the millionth download, price will settle back in around .0005
At 10 million downloads, we will all be using the stock for toilet paper.
Makes complete sense, right?
TDA shows a gap down from .0176 to .0169. Just fyi.
Sent to OTC the following:
Concerning Tautachrome ($TTCM)
The company has informed its shareholders there has been no promotion *whatsoever*. Stockholders have seen no promotion for Tautachrome's product or stock - false or otherwise.
I would like, therefore, OTC to present the public with evidence of promotion. As I have spoken with no individual who has seen any, claims such as this require some sort of providable foundation.
Additionally, Tautachrome has released products directly related to their stated business interests to the public in the past two weeks. Also, I have personally visited the offices of Tautachrome in Oro Valley, Arizona, U.S. just this past week and can verify both a physical location and the employing of staff.
Therefore, I find your warning that $TTCM may be a shell company lacking in justification. Could you please research and then remove this designation.
Thank you.
I sent them something as well.
GTSM will not let this run. Keeps stacking the ask.
Morning all. Like a rocket today!
Having done both more than once, I tend to agree.
I would say "casual intermediate". But getting more serious about learning over the past month or two.
Yep, that's the world we live in - if the gratification isn't immediate, than the product/service is crap.
I have a little more money on the stock than is completely comfortable, so I suppose that is part of my issue. I know not to bet more than I can lose, and if $TTCM went belly up it would hurt to think what else I could have done with the money, but it's not a situation where I wouldn't be able to eat or pay the mortgage or something. It would just be the opportunity cost that would bother me.
But ya know, even with all the BS with day traders and other manipulation, I am not as worried about the SP as much as I was 3 or 4 weeks ago. Even when it gets some downturns, I know that over the longer horizon it will recover and increase. I am certainly not the most experienced investor, but I have seen enough sh*tty OTC con jobs to know $TTCM is different. And yes, management is EXTREMELY responsive. We hear from DLM almost daily. That is a level of SH feedback like I have never seen.
Speaking of which, I stopped by ye olde Tautachrome offices yesterday. Went in just to scope the place out, say "hi", wish them well, and ensure they exist. They do!
No one was in, and they were all out of Jon's business cards (that bummed me out...I am going back for one of those). She did scoot me his phone number.
Place was exactly what one would expect out of an internet startup...Shared office space. Because really, how much space does one need to meet investors and sit a laptop on a desk?
Yep...I would have really liked the quick $1200. My gut said sell, but I eff up my flips half the time, so I have doubts. I really need practice on play money.
You're straight. I know I can take what you say at face value. Same goes here...but doesn't really matter as much, because who would listen to me anyway?
There is more to come for $TTCM this month, with the ARkHunt and all. Marketing will likely start Monday at the latest...more likely it starts today/this weekend, though. No reason to wait. No big worries. If we could just get up to .04-.05 a share, I would be able to roll with the punches better if I had some breathing room.
That, and my wife wants to see some actual cashed-out profit. That's what pissed me off so much today. It was there for the taking and I should have known to pull the trigger.
Oh well, I will see it again.
We have a product, as opposed to a pipe dream. A great product at that. I just need a weekend, or to walk away for a few (visually) and come back.
I know, I know. Frustrating. Would like to skim just a couple of bucks every so often, rather than watch it come and go, ya know?
Just can't seem to get The rhythm here...
Took the words out of my mouth. Closed red on last app release.
Ya, whatever. If I thought you we're someone, anyone of relevance, I would be bothered.
Watch who you call a liar.
Thanks, yes. Have a course set up for Aug. 25.
Hope you all sold. Like a fool, I did not. I'm stupid that way. Buy under .02, sell on any news or event. That appears to be the game here, I suppose. Thought the PPS would reflect some sort of value that the company was creating. Boy, was I mistaken.
That is exactly what I want. I will play with it. Thanks!
Was just looking at that. Don't readily see how to achieve what I want out of it, but I am pretty sure what I want is in there.
Have to spend the weekend learning how to use the platform. It is intimidating.
Hey all, question...
I would like to view the number of shares traded in each individual trade in real time...some sort of running ticker of each trave by shares bought/sold.
TD has "last size", but does not refresh automatically. OTC Markets lags by at least 15 minutes and also does not refresh automatically.
Even if the blocks of sales are ticking by quickly, I want to see them all as they happen.
Any suggestions?
Good post! Nice analysis. Thanks.
Agree with all. Amazingish how stable the price is once manipulators get out.
Low volume until news pops, then people rush back in. Probably the cycle for at least a year or so to come. Not at this price, however.
IMHO
Glad I held firm.
Was expecting that myself.
Open with buys...nice!