Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Symantec sold their product and name in 2019 for 10.7 billion and actually develops software. $ATDS doesn't appear to develop anything. They are an integrator. The most that they do is tailor the purchased product mix as a package to target specific uses such as NFL team management. They are resellers from what I have seen and not very good at it.
They may be making an honest effort, I don't know. What I do know is that they really stink at generating revenue from the tens of millions invested.
current calculated presplit value of .0125 / 750 =.000017 per share. I rounded up the seven to make it look better, LOL.
That represents a tremendous loss of shareholder dollars.
The story here is very difficult to defend or promote at this point. In fact, I'm beginning to think that its inability to drum up excitement lately means that its flipping days are past. This means no one will make money selling the stock except for the company. Companies can promote their stock too much.
You guys promoting this don't feel bad. The story here is very difficult to defend at this point. In fact, I'm beginning to think that its inability to drum up excitement lately means that its flipping days are past. Companies can promote their stock too much.
I have not seen a single price point since .04 of this latest run where the promoters here have not declared it a "buy". The company doesn't care how low it goes and have proven that in the past. Their only concern is having the authorized shares available from which to raise funds. They will chew through this group of investors just like the last group in my opinion. And again, latter, you will get a whole new group of starry eyed traders in here and other platforms doing the heavy promotion work as they do now. The past is the past right?
LOL, "juicy PR". You mean like buying out a company? Boy, If that happens the price will go to the moon! Even that PR didn't keep this from going down because it actually revealed what their intent is.
What you have seen is as good as it will probably get. They want to double the authorized share count because they know that when this goes sub penny that they will need to increase the selling to match the current level of fund raising.
I told you my new target price is .0075 and then I would expect to average. This actually went down on what promoters called a great PR so I don't have the confidence that this can pop a couple of cents even if owned at that level.
Here something for you. A post from March 2018 before the ultimate build to 7 billion shares presplit. You don't think this company will do it again and claim for exactly the same reason?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138927751
I not only believe in their mission I count on it for flipping. Selling shares is where the money is and always has been here. However, I can only dream of selling from a zero cash basis with zero risk. They must maintain the appearance of doing business or they will quickly come under regulatory scrutiny.
Yes, that has been the promoted promise of this company since conception.
Worth repeating
$ATDS spent tens of millions of shareholders dollars on a product mix which now has a calculated presplit value of .0135 / 750 =.000018 per share. On top of that it is losing money quarter over quarter with a significant outstanding share count increase.. They do nothing that doesn't require the selling of shares. The CEO is in fact clever and is doing a fantastic job serving his own self interest. Isn't his wife on staff there and likely tearing down a nice paycheck? Name one other way that one can rob people over and over again and for it to be perfectly legal. AND..., to then have others come out and tell everyone what a great business leader you are!! Yes, this is just one persons opinion... but WOW.
SAME OLD $ATDS! Dilution, Dilution, Dilution. They now need a new product mix to keep this going. The old crap doesn't sell and now it is even difficult to sell shares from its promotion. They certainly are signalling their intensions with the doubling of the A/S.
I'm not a bitter long as you know. I have been very successfully flipping this as many here have short term. DD here shouldn't be one sided however. The price here continues to go down after the acquisition news because on closer inspection is appears to be a product who's time has passed along with the current product mix. The opinion that it is simply a promotion vehicle that might freshen up the current mix of crap doesn't support the price. Activity here will get interesting again once the filing is released with details of the deal are finally revealed.
Worth saying again;
$ATDS just bailed out a very small company suffering from too much competition. This really is too funny. If your product is competing with Symantec, you have a serious problem. We know $ATDS has been paying for everything with shares.
https://sourceforge.net/software/product/FileFacets/alternatives
Wow, just peeked in. Is the doubling of the authorized in the works? The price didn't move with what appeared to be good news this week. Usually these things pop on the news and then drop when everyone gets a good look at it. This time hardly anything. Point being, this will not tolerate bad news very well.
I see. I expect a filing for this latest deal. Didn't know if that was what Navy was talking about.
You mean a S4 filing for the acquisition? I'm thinking that it should be a S4... I doubt you see anything until fund raiser for it is completed.
I get it. Thanks.
Used to be a common phrase that talk is cheap. With this company it is solid gold. As long as you can talk a good game you don't have to actually show results... or do you. Results are the only thing that supports a stock. Ask the shareholders who have lost tens of millions recently trading in the genius kids network. Same will play out here. I know that you guys hate it, but I truly believe that I will see my target buy price and better. I will need to be convinced that it can move like before however to be a buyer again.
Keep promoting the narrative, that is all they have.
Yes, they spent tens of millions of shareholders money on a product mix which now has a calculated presplit value of .0135 / 750..., wait for it... .000018 per share. On top of that it is losing money quarter over quarter. They do nothing that doesn't require the selling of shares. Who can fail if you can support your habit with the selling of shares. They have done a fantastic Job!. In my opinion the CEO IS a genius. Name one other way that one can legally rob people over and over again and for it to be perfectly legal. AND..., to then have others come out and tell everyone how great you are!! Yes, this is just one persons opinion... but WOW.
The only line that matters is the quarterly that you all are bragging about;
"The net loss for the three months ended June 30, 2020 was $2,573,000 compared to a gain of $1,194,000 for the three months ended June 30, 2019."
You know. The stops that have been taken out since .04 has eventually been the fortunate ones with the continued drop in price. Ultimately, today's unexpected exit for some may prove to be fortunate as well.
All stocks. Emotional traders don't last long. Was that sarcasm? I often miss it.
Yeah, and it appears it went even lower due some panic selling. The drama is certainly entertaining.
My logic in buying when I'm ticked off is because of my belief that the price drop is artificial. It isn't connected to fundamentals or even market sentiment about the stock in my opinion. It is simply fund raising at work and it is probably the most promising excuse for the drop. But it is very frustrating to see it again. This is the type of stock where you need to apply logic over emotion.
My suspicion is that they may be involved with Walmart's recent growth in this space the effort to compete with Amazon. It is developing and a clear picture is not available yet. Might be why there is relative silence from $TLSS about the new client. Pure speculation on my part of course.
Yeah, I'm not selling. I actually have a pretty low average and feel this way. We don't like it.
Hey, I actually bought more this morning because I believe the price is ridiculous. But that doesn't keep me from feeling like a complete dumba$$ during times like this for holding.
I'm one dummy for sure at the moment. I have been in this a while and my patience has run out. I'm not selling but holy crap, when does it end?!? You can't deny the pattern for the drop in price which is the same as just a few weeks ago when they retired some debt. You seriously believe that three million in dumps over a few minutes is simply fed up retail?
Yeah, I know, I'm in this unfortunately. Companies do not care about share price when the dilution is happening because their cost basis is zero. Now three million plus dumped this morning. Can't wait to see the new outstanding share number. What the hell this time? Are they buying something or retiring more debt. This is the type of crap that companies do before a reverse split. Then rinse and repeat.
2 million share dump. They are diluting the crap out of this again.
Thanks for the lecture but flippers are the ONLY people who have made money on this and the ones who will continue to given a smart entry. I have said this many times in the past responding to posts like this. Simply look at the lower highs and the lower lows since the early January reverse split price of .70+ and you will see that only those flipping this have made money. Money has never been made money here by holding it. I have made very good money flipping this and I suspect others have made tremendous money flipping it so don't call it beer money. People flipping this isn't the reason the price is going down or why the price never gets any traction.
your quote;
"Internet Security is HUGE and $ATDS DATA443 is just getting started. That is why this is a long play, the current price to get in is cheap. Compared to others so Play on stay long, or flip for pennies. The main thing is be patient. Let the stock move up before you sell it. Other wise flipping it in to the ground is not going to help anyone unless you're happy with beer money. Then just flip away."
The internet security space is indeed huge. That is the crux of the problem. They have been at it a while and they don't even qualify as anything more than a bit player. Their claim to fame at the moment is with sports franchises? The time for their product has come and gone. The huge players compete and rule in the security space. This exists to market shares and provide fat paychecks for the management and flippers in my opinion. I can appreciate your view of the way you trade it, but the way that I do here has made money time and time again.
Look at the last few months. The only exceptions outside of the low penny range is when it is promoted and it normally pops. This couldn't break .015 with the news yesterday. The nature of this stocks tradeability has changed in my opinion.
You can see that we have many new traders here because they are actually debating the efficacy of the current product mix for this company. Take the current share price and divide by the 1:750 reverse split rate at the end of 2019 and you will see the what the reality and opinion of the product is.
I don't believe many here are actually long anymore. I know that I'm not. The play here is short term and no one cares about the financials, outstanding shares, or any other metrics. The only thing here that makes any difference is the companies ability to promote and sell shares. As a trader you play along and make money or you lose.
Yesterdays lack of movement on a new PR was surely very discouraging for those trapped at higher levels. But it was also very sobering for those like myself looking for an entry from which to flip. Lets face it, If this will not pop a couple of cents on decent news then it is done for all involved. Could be that this lack of movement also represents a new top to the potential range for now. This only means that the new entry for this is well below a penny. Just my opinion and perspective from the way that I trade it.
What is your deal with Symantec. I work in manufacturing for one of the Largest companies in the U.S. and we use it enterprise wide. A company that sold for $10.7 BILLION in 2019 is hardly trash. So again, you believe this company is great and Symantec is trash. I can't believe we are even comparing a pump and dump scheme with a real company. You act as if people can't google the subject.
They are doing the same thing now that they did acquiring the current product mix. That is through aggressive dilution. The current product mix was purchase off of the backs of serious shareholder losses and has a pre-split value of .0145/750. They have nothing to show for it other than quarter over quarter losses.
So now rinse and repeat. July promotion blitz appears to have been done to raise the funds for this acquisition. Looking at the daily share dumps it appears that they are not done yet. They will continue until they get what they need regardless of how low the price goes. This is probably why we haven't heard about the deal until now.
All this is simply my opinion of course.
Like I said this morning,$ATDS just bailed out a company suffering in a very competitive segment. If your product is competing with Symantec, you have a serious problem. Jason making a good faith effort? He knew about this prior to the quarterly conference call. Why wasn't it announced prior so that he could explain how it helps the business? He knows that what the promoters on all platforms can conjure up will be far better than anything he could because he is somewhat constrained by the facts. He didn't want to talk about it IMO. Notice that there hasn't been much conversation about the specifics of the acquired product or how it helps here. I believe one thing is for certain, they either didn't pay much for it since they don't have anything but shares, or the shareholders here are going to be very unhappy because they gave up too much. Probably both scenarios will be bad for share price.
https://sourceforge.net/software/product/FileFacets/alternatives
Pretty unimpressive actually given the acquisition news. Couldn't break .015 and less than 5% gain on the day? I have to give them credit, the traders here understand this company better than I thought. I think what will be impressive is the sell off once the filing comes out and describes the terms of this deal.
I bet they were hoping for more today than .0144 on that 3:09, 2 million share dump. But when your cost basis is zero...
I would think that would make this a solid hold.
Well now. I have come to understand this stock to the extent that I have never lost money on it. You can look back to early January .70+ reverse split to a penny in 5 months and see that the smart money gets in and out in a timely way. Judging from your post, the odds are that you have lost money or are about to.
I guess that you aren't even a little concerned that news of another acquisition may actually end in a red day? No doubt that most here are waiting for the details of this deal.
I have to seriously wonder about a buy out now. It is becoming increasingly clear to me that this is being left to drop for a reason. Especially given that all indicators tell us that it shouldn't be. I am also always suspicious of anything that the Chinese government is involved in. To what extent could extended accumulation of shares on the cheap help a potential buyer take this over?
Yeah, maybe if you don't let the company know so they don't dump another 100 to 150 million shares into it.
I agree. Better believe that the company has noticed the lack of movement as well. This will also be an eye opener for other stakeholders. I wonder how the new advisor feels about his 5 million shares for example. I hope his advice had nothing to do with this acquisition because it is very unimpressive, almost desperate.
I for one would like to see the details of this deal. nothing this company does is in the interest of the share holders nor should it be a priority. They are supposed to be taking care of the business which itself should to take care of the stock. That is what good companies do.