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Ask and you shall receive
Channeling XL I’ll slap it tomorrow.
XL,
I agree with your assessment, and have been chipping at this for a while. If the price stays low I’ll continue to do; I won’t ever catch your amassed total but give it a couple months and I’ll get close to 1m. As I pm’d you I have been consistently filled under the ask when I slap it as well.
That is nonsensical, and means the share price is artificially held, as a declination of profit is antithetical to a consumer based trading model. My assumption is that the float is locked tight, and the naked short sales as a percentage of volume is very telling as to the true distribution of buys/sales.
I believe if Delfin decides to utilize this shell the RS exposure is at worst 8:1, they will need liquidity and a large number of shares to drive capital.
Ciao, and keep up the good work and DD.
Well XL, heard you and thought of the machinations the MMS might take. Not one to take anyone with a serious confirmation bias I tested your theory. I threw a pittance at the ask for 4500, yesterday; and was filled at a discount. Today Another bit of dead money for 9200 at the ask, this too was also split up and filed below the ask.
That’s a lot of work to keep a PPS, for a 3 penny stock. Have you any idea why?
He is mercurial; but XL can count.
Ha you didn’t, I’ll put up 50k at 2$; Monday. Let’s see what happens.
Jab15,
In response to your question, it’s simple. If an RM happens there will be a RS, 450m is untenable for a new business to leverage to ensure and maintain a listing. Guessing at what that would be is futile.
There will be no run~up as you use the term, Delfin is private and plays/will play everything close to the chest. If looking for a “tell” as to when to buy, I’d suggest that you watch the naked short action and the MM moves.
If this happens......We, as the pedestrian 500, will find out what happened 4 days too late to make the scenario of decisions you projected. If you actively follow this I’d suggest watching till the MM naked shorts stop covering the stock trades. And pay attention to when the 100, 200, 500 manipulation ends. 4 days of no MM means that it’s imminent, SEC won’t allow them to trade when the decision has been made.
Good luck on tglo train
34,000+ posts on this little shell, most saddled with angst of unrealized expection, others dripping with the exaltation of a crumb of (mis?) information that feeds the beast called Confirmation Bias. As the days go slow, the weeks a bit quicker, the months fast; I stop and remember that the last 144 months of this boards history has produced on average 2,300 posts a month, 75 daily on average. The recent lack of interest is telling, only the guys/gals that got letters are even interested anymore.
None of the old historically entertaining or new speculative posts inform me more than yours Jerry, thanks bud~ your comments make checking this board worthwhile.
Cheers, to all < till this shell is utilized or sold off.
Hmmmm, Talisman and the hopeful investment of the 150m in a RM is a large part of the viability of the of this shell being used by DELFIN. Without the private equity investment as a jump start this is getting to be just a lark.
With who is Delfin now shopping the the shell and the opportunity to? If you can’t can’t answer that we are together in trying to figure out how Shell and the NOL’s will be used. With this development it is not the shell I invested in months ago <<with Talisman bailing, they know more about this deal than I do.
Do believe he, XL , danced around that information for a couple/few days. I would think that all longs on TGLO would be watching the involved players for new information, Talismans’ declaration is “interesting”; I’ve got my take on it~ I won’t be sharing.
The confirmation bias of some members on this board has reached epic levels and lashing out at one of the few posters that actually does DD is telling. Thanks XL, I got the Edgar alert too, you’re going above and beyond sharing with this board.
Delfin will make their mind up to use this shell for their pipeline plan, or abandon it as a vehicle and resell it. We shall all know by the end of the year or first quarter of 2020. In the meantime.......
My P.O. Box did too receive my letters today, I appreciate the postage spent for a “nothing”. Not sure what to make of this- when all “i’s” and all “t’s” are crossed it’ll go either way on these OTC’s. This will be abandoned or sold; one thing is for sure the SEC won’t be nitpicking.
I agree. And this is my perspective on what has been occurring.
Like you have stated I’ll purchase in the sub .02 range as well, that’s the legit price of the shell. I don’t have a lot of confidence, ( 03%97%) that with these delays in FID ithat Delfin will use this to build out with the other options open to them.
The scaling of the project, landing, pipeline improvement, then landing ports and compression. It is looking like they will finance each step separately based on credit. With the labor and capital improvement competition that has been contacting, the deliverable timetable is suspect.
That said, giving that they have other partners/players with established financing on board now and the EXIM option- getting PIPE is questionable for a project that will be competing with multiple new less expensive LNG ports coming online. The news of the change in production of vertical ownership (4 Flngs, vs., one retrofitted carrier) is indicative of failure to fund.
This shell is viable and the NOLOs are very attractive, like you RM I will invest in this shell in the future if the price is reflective of the shell price, it hasn’t gotten there yet. I have a fair number of shares currently and that was predicated on the timeliness of a R/M, APO, I’ve moved on, kept my position and will ride this out and even add when the price for the shell (Tglo shell- minus- Delfin hope) is right. With the shorting of this stock in correlation to volume (naked) the employed MM is looking more and more questionable and makes one question Delfins commitment to the shell with some a lackadaisical commitment to not only fluidity but price.
I don’t believe this is a get, go, gone OTC, and tend to agree with many “crank” posters and most of their ramblings, the DD that lends itself to confirmation bias of this being a unicorn is circa 2017. Thanks (for the laughs) to the posters here that give comic relief daily; still don’t know the thrill of playing devils advocate daily when we all have other boards and stocks that need our attention. Let’s hope that both of us will have reason to post soon, besides being bored on a Sunday night with 2 Makers Manhattons making me check all my boards (different handles of course, cause I don’t know y’all).
Cheers.
There are currently 112k shares being shorted, your premise of it being fiscally unmanageable is a farce. If rhe XL175 has the 4 million shares in possession he claims he could be that guy. If he isn’t that guy someone with a cash account of 300k is shorting this stock. I’d rather he be the one shorting to work the float and make a few spare scraps than believing that an unknown investor without physical shares is placing his pot of cash ~300k at risk to profit a grand or two every two weeks.
Cheers
Oh, and you obviously are more sophisticated than you sometimes let on to be. The .03 reference is spot on and a far cry from the “par value” you spoke of in earlier posts. Most of us know the true value is .02 with a trading value slightly above that. This price is a premium for those willing to go very long. With 4m shares you too have gone long. Why the subterfuge?, this stock isn’t moving for a long time and you have an “in” on the dark pool trades as well a probable cost basis of .01. I know you aren’t loading at .03~.08 so why engage in the posts on this board for the retail investors looking to gain insight. I see people like you on many different boards under many different guises, you aren’t fooling anyone. Everyone knows the true value of the shell; and everyone know this is selling at a true 2x or 3x premium~ why bother? This isn’t a flippers stock as the volume suggests. It’s a shell with a value of .02/.03 for longs; most on this board are long obviously. You working the 100k shorts? It’s not lost that volume moves commensurate to the shorts on this stock, charts don’t lie. With your 4m are slapping the ask and keeping your shorts viable? Everyone knows the true price of .02, CANTing yourself on both ends is a Pyrrhic Victory. Let it settle; with 270k invested what’s a 500$ scratch? You give these boards and the positive share of DD a bad name.
What Say you?
Cheers
Xl, you’ve confused me with someone else I believe. I invested in this shell: its’ 150 million in tax carry overs and the effort Delfin spent in cleaning it up. I would like to believe that this is used for a Delfin R/M but confirmation bias never extends to money decisions. This shell with an 80% ownership by a single entity and the tax benefits makes it a very lucrative investment that has many “end~games” if it is Delfin it’s a winner all around if it is shuttled to another company so be it. At a .06 basis this shell is a decent long investment it’s perfect at .02/.03, it will be used one day. I believe Delfin has well over 100m from Talisman to do most of the capital investment in this pipeline and port. If after that infrastructure is done or close to being done (1.5~2yrs) and they still own TGLO it’s a go and a true money maker with Delfin as the catalyst. If Delfin shuttles this shell and places it on the open market it has a value of 12~25m depending on the usability of the tax benefits. Every trader takes a single long position each year, this falls in that category for me. TGLO is a valuable shell and Delfin has made it so, I hope they also make it a viable company if not the shell price is relatively commensurate to the share price that has been manipulated.
Cheers
Don’t know you XL. But if you’ve got 4.6m good on you. I’m sitting on 812k accumulated in the last half of the year and find that position comfortable for this all or nothing stock play. There has been quite a few shares traded off~line (dark pool) and maybe you have been one of those recipitants. Your contributions to this board have been all over the place but you haven’t lied yet; certainly played the devils advocate and certainly shook some shares for me and a few other buyers.
I agree that a reverse merger with a consolidation of the shares is probable, hoping for a 50 million public float I am assuming a 20/1 while hoping for a 10/1. The offering playing out with 440m avail is untenable for example Tell has 240m, Chenerie has 250m. An APO with smaller amount of initial shares and subsequent authorization of additional shares later when deliveries and contracts is a far better model for capitalization for future growth. The amount of LNG that all four delivery vehicles will be able to carry doesn’t curry a large enough annual return without future expansion of Delfin over and beyond the permitted pipeline.
Cheers
Hello gents,
This stock has been getting manipulated quite heavily recently; cross trades are apparent. In deference to the idea of an inevitable reverse split; for what interest would Delfin have in the manipulation of the stock? Or would this be MM’d for the flipers due to manufactured volatility? I am usually an in~out but have been intrigued by this stock and have decided to go long. Wondering what the concerted interest in moving this stock might be for Delfin.
Thank you.
Well Well Mr. Jerry Brockman,
I followed your leads/clues and have to say thanks for the insights. I do think the cipher was more graduate level than upper division but the info was spot on. I appreciate you answering the questions that I posed, and now appreciate the cryptic nature of the response.
Cheers.
Well this forum has been an excircise in the worst way. I’d like to ask the prinicipals~ here . How come the “prinicipal” Delfin not even made a public move or a filing that ndicates TGLO? Delfin has their ducks in a roll and and has (maybe talisman) doing the port infrastructure., iff that pipeline becomes operational way should we thimk its going to pop at as vehicle for public envestment?
A vehicle
I agree that Golar is doing well; their involvement in Delfin led me to this stock- and subsequent investment. The better Goler does the more this investment ( in an eminent RM) worries me. They (Golar) have said that Delfins capital needs are not greater then Talismans possible investment. I am looking for anyone’s DD that this shell is still viable as the tool needed for Delfin to build the port as described in the energy filings. As a built port it looks like this is more of a acquisition than a public offering.
Thank you.
I read your post about the seasoning period and I think it’s problematic as well. Delfin the owner of TGLO has had a 1.5 billion dollar loan (more likely line of credit) from the Korean national bank. It has had this capital for quite some time. With such a large amount to fund early building phases and build out, I am trying to wrap my head around why a RM is necessary at this time or even before 2020. Looking at other offerings of LNG suppliers the last year and a half, it seems they were forced to go public due to not having permits/ infrastructure already in place allowing for conventional financing.
Though I think at times you are just contrarian for the sake of having an opinion to share, I think if TGLO is indeed the vehicle Delfin uses it may truly be the longest Penny stock hold that I’ve invested in. Since you clearly know this stock as well as anyone, have you take on any of the timing?
Thank you
Is this board so small that “ouch” is topic; as the year ends and this goes into 2019 I’m looking for guidance. This sector has been pounded lately. Is the year old DD still holding strong?
Thank you
I appreciate the posts. There are far fewer than most of the stocks I’m investing in considering the “dd” that has been on conducted on he parent Delfin. Is the TGLO aspect of this play as I see it? Obviously TGLO as a shell has value even without a RM from Delfin but if Delfin is funded by private entities, Enbridge-Golar-Etc, is the shell still viable for a sale to another company that can utilize the tax incentives? I’d appreciate your feedback, thank you.
I have read most of the most referenced posts and I have seen nothing about a reversal of ownership to Egan in the case the shell isn’t utilized. Was that a red herring posted to create uncertainty? Delfin from all apparent postings and public reports owns the TGLO shell outright. Delfins ownership is a bit more complicated with many partners and investing entities. An upliisting of this stock would require the possible RM to occur after the year has past. However if there is a poison pill it changes many things, is this a known condition to the sale? I can’t find anything.
Thank you
The volume of this stock available for trade is very interesting. There appears to be a group of shareholders that are holding the stock within a parameter within .06/.08 with large asks/ bids. I’ve certainly seen a fixation for a manufactured price before; not my first OTC rodeo. Wouldn’t be The first time a large shareholder creates their own market. But it begs the question of what exactly do you place the public float at? I am unable to fix it with my own research and place it probably about 30m. However the accumulation line suggests I’ve missed a signal that all of you kind iHUB contributors are stacking or......? Would appreciate your thoughts.
Thanks
So I’ve been doing some DD, and have actually purchased a modest number of shares purely as a speculative position the last couple weeks . I do believe this stock has bump potential prior to the new year and a penny up is a penny earned. The sticky “news” on top of this forum is pretty much Delfin’s, with Vcorp being hired to clean it up after some deferred maintenance. It appears that vCorp has performed a cleanup of the books 350k’s worth.
I asked a question earlier about Delfins need to use this shell when moving forward. The tax benefits of the shell are industry specific and not germane to Delfins business model. Given the extant of known and unknown contracts for LNG delivery available for leverage against private funding for the needed stages going public doesn’t seem to be a foregone conclusion. Golar another company I have made positions in and out of the last couple years has entered royalty positions in other partners ( some good, some bad).
Does anyone know any information about TGLO that I have missed? I mean Delfin paid next to nothing to acquire it and spent 350 to clean it up. But I haven’t seen any news at all that show that is the vehicle they need. And they’ve definitely increased the value of the stock if they resale it.
If I am missing a long play I’d love some insight; can’t quite wrap my head around it. The short play is a resale of the shell; it has value of course.
Thanks for helping out a new guy, I haven’t the time to read the total amount of posts but tried to follow the major threads. Confirmation bias is always strong with a stock like this and speculation is healthy but I haven’t been able to flesh out TGLO facts.
Thanks
I am new to this board and I am intrigued by the fervor and loyalty of the posters. I have looked through the posts trying to find TGLO news/DD and seem to have more questions than answers. Delfin is definitely going to be a rockstar lng provider- nuff said about that. Is this purchase of the shell just a ruse? It was sold cheap and most likely the seller got delfin interest in exchange as well as 25k. Is there anything I've missed in the importance of using this shell in the near future? Thanks