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.
It cracks me up when folks do not understand the difference between downloads and users and yet, throws hard earned money into a stock. I have half a dozen apps downloaded onto my phone that I do not use. Downloads are completely meaningless unless people USE the app. The users number is the most important factor and I will not be surprised if hundreds of thousands of previously reported users have given up on this app. The users number will be coming soon and the light will finally shine on FDBL.
I am sure that he will be all excited to explain to you why his company stock has collapsed by 70% over the past 5 weeks. I can't wait to hear what he has to say!
There is nothing crazy about the trading of FDBL. The JLo hype is over with and the resulting download number is absolutely awful. The users number will probably be even worse imo. 2 new toxic notes have been signed and the Bros are dumping their shares because they already know that it is game over.
This is what happens when folks decide to completely ignore the warnings...nausea. I remember that feeling from way back when hope rather than facts was the guiding factor in my investment style, and it is sad to see folks still "invested" into a dead stock.
The one thing that I might have been wrong about, is the fact that the pps will drop to .005 in the next few days rather than the next few weeks as I mentioned in a previous post. .008 almost done and .007 are almost printing, imo. Luck won't be enough this time...
OMG, you are right, news are here!
New 8K is out with...2 more convertible notes!!
Let the toxic financing and dilution continue!
FDBL will explode indeed! Watch for .005 in the next few weeks!
Thank you for your posts! I have been trying to relay the same message since yesterday and warned folks that the pps will drop below a penny soon, and it did today. The downloads number is meaningless, and the users number will be horrid. This is what happens when a couple of guys think of themselves as technology/social media pros, and they are not. Hype will not do it on this one.
Your .004 entry point is on target, and you probably will see it once the catastrophic users number comes in, imo.
I am not a short, but I am a realist! You may choose to ignore my opinion, but my opinion would have saved you money. The download numbers are bad, and the users number will be worse, imo, no matter how you slice it and putting your head in the sand will not change that.
Folks, let's remember that the pps is still more than double what it was recently (.004), so do not be surprised if we come close to this number again. Download numbers are bad enough to revisit half a penny very soon, imo.
That's what I've been trying to explain to you yesterday!! The downloads numbers are atrocious, and there is no way around a pps collapse.
I respect your opinion but I disagree with you. 37,000 downloads after 60 Million views on YouTube is disheartening. I think that we may all be up for a nasty surprise when the number of actual users reflects the inefficacy of the video. Downloads are not a good gauge as they can easily be hipped up. Anyone can download the app and never use it, so lets focus more on the upcoming "users" number, and i predict that they will be close to awful, imo.
Thank you for your reply. I held a position in VHUB from August '15 until February '16. I sold it at .0281 taking a 12% loss. My reason for selling at that time was that I was not comfortable with the type of financing instruments the company was getting into. I understand the difficulty these penny companies have in obtaining favorable financing, particularly early into their sales cycle, but I felt that they were giving up too much to obtain these loans.
Furthermore, I also felt that the company needed fresh outside blood rather than remaining mostly a family enterprise. I am obviously happy to have jumped ship when I did, and I am sorry for those who stayed long since the pps dropped by 75% since then. I think that there will be an opportunity to get back in at some point, but I need to see a better financing situation. I agree with your assessment in regard to venture capital drying out, and this time could be a great entry point for those willing to take a chance on VHUB. With a market cap under $600,000 and sales in the $6M range, there clearly is an opportunity for large gains, but I feel it might be still too early to initiate a new position.
Thank you for continuing to post as I do enjoy reading your comments and opinions.
If the company is doing so much better, why are we down 30% today?
If the downloads number is this low (and this number doesn't really matter since it can be artificially pumped up), the users number (which is the only important measure at this point) will probably not increase by more than 20% from April. In normal times, this wouldn't be so bad, but after a big push and 60M views, it is absolutely depressing.
Sorry but this is wishful thinking. This could be going sub-penny today! If the downloads numbers are this disappointing, the users number will be awful!
Dropping like a rock in a bottomless well! Folks are opening their eyes...Without the video, the download numbers would have been so much worse. Reality is setting in and folks are selling.
Only 37,470 downloads! With all due respect to the longs, a 29% increase from April in downloads is laughable, especially after over 60 million views on the video! This is not a good number!
I am actually very disappointed as I expected a number much closer to 150,000. This does not augur well for the next few months. If this company cannot take off in a meaningful way after this kind of exposure, we are in for some serious trouble. I am glad I sold at .017 because we are about to go sub-penny, imo.
"I think this might close between 16-17 today"
Looks like it might just happen!
I silently believe that you might be right
I think this might close between 16-17 today
Hello all, got in 30 minutes ago at .012. Rebound coming?
I couldn't agree more with you Rake!
Unbelievable that the pps is unable to hold at .10! So the slide continues, and we will soon be hearing whispers of the dreaded Reverse Split! And lets not kid ourselves, it is coming, what a flipping joke of a company,imho.
I can't believe there are still this many followers on this board. This company is such a scam. The CEO bought shares in TAU# and lost a huge bundle. What a business acumen! And he wants us to trust him with our money??? Hahaha...
What's the market cap now, $25M or so? Still a lot too high to justify an investment. I would be more looking at anything under $10M market cap, which would be about 0.035 per share?
Yep, this will drop to a nickel soon enough now...
Another close at the lows of the day...Very very bad news for TRTC shareholders!!! The market is talking and the pps is collapsing, as predicted by many. What a scam company!
Well, for the time being, it is dropping like a log with no end in sight, and shareholders are loosing their shirts...
What surprises me is the speed at which it is going down! At this pace, you're looking at sub-penny by Xmas!
Lows of the day...this is a really bad sign. 0.7s coming next?
The Reg FD is very specific and as you pointed it out, it does not apply here.
Some posters on this board need an education and I thank you for providing one!!!
Reverse Splits are like a hard wired addiction, once you agree to one, it is always on the table in the future, and the future is near.
.99, .98, .97, .96, .95, .94....93.6 on the bid!
Timber!!!
I think that you already know the answers to these questions...And current investor's sentiments seem to back up my claim that TRTC is worth 10-15% of it's current valuation. There is no way around this. One can paint a pretty picture with promises of great wealth, the fact remains that the accumulated losses, toxic financing etc will do them in.
Something else will come up, it always does...wait and see, an R/S will come in due time, imho. They did it before and they will do it again.
You are absolutely correct. Once you open the Pandora box, it is all over! They did an R/S before, and they will do it again, just a matter of time. Folks will be dumbfounded when it happens, and it will happen, imho.
Considering the pps collapsed from .18 to .095 in 9 weeks, and the mountain of losses in the books, I think that a penny as a good value is very appropriate.
Quote:
"If they saw value at .1375 its a no brainer for others to see value at .10 cents".
Yes, and they were wrong. Since then, the pps collapsed 40%!! I see value at 1 penny. A whole lot more to drop, imho.
Unbelievable that the pps is unable to hold at .10! So the slide continues, and we will soon be hearing whispers of the dreaded Reverse Split! And lets not kid ourselves, it is coming, imho.
Quote:
"Once I publish something on the board it becomes public".
My thoughts exactly. Folks, can we put this issue to rest??
In regard to TRTC, some people will just never learn...and some seem to actually enjoy watching their money slowly evaporate. In the past year, TRTC pps dropped from .41 to .097, for a 75% decline!
.05 might still be too high! When the CFO starts to dump half a Million shares, it's time to run for the hills! What a vote of no confidence, it hardly gets worse than that!