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Interesting theory but I don’t believe much of it to be accurate. I believe that Delfin and their partners had 95% of the tglo locked away before 12/20/2017. I believe that by 1/10/2018 they had 97%. Are they still trying to buy more today? No better evidence than the NIA pump. They along with real news pushed it to .85 holey smokes eight five cents for a shell company! But, here is the “kicker” still no volume. Very few shares traded. Two days at just over a million shares at a 8X gain is NOTHING!
I am a simple “blue collar” worker who is looking at retirement. I enjoy economy papi on football weekends.
I wonder if the SEC should investigate the cause and effect relationship between Delfin’s filing of privileged and confidential information with the Department of Energy and the sudden unexplained increase in price and volume of Theglobe.com common shares?
As a common share holder of theglobe.com, I wonder if I was I materially and financially harmed by the actions of a few at the Department of Energy?
New DD for the upper division students: I quit drinking the “economy” papi for a few hours in order to pour over some records.
Background: On 7-13-22 Delfin announced a binding agreement with Vitol. Delfin was required to inform DOE of this binding agreement within 30 days. DOE waited until 10-27-22 to inform the public of the actual filing of the official full unredacted contract between Delfin and Vitol. The actual date of the signed contract was 7-12-22.
Timeline and takeaway: Delfin’s announcement on 7-13-22 had virtually no effect on tglo stock price. On 8-11-22 (when the actual contract was filed at DOE) 471K shares of tglo traded, this moved tglo from .07 to .11 (first time in two months a quantity of this size had traded) By 8-19-22 tglo pushed through .23 and continued its climb with over a million shares bought on two separate days. These are simple facts of what occurred.
When the SPA was filled with the DOE on 8-11-22 at 02:13pm, Delfin’s layers made it explicitly clear that the contract was privileged and confidential information and that material harm would happen to the parties of the contract if the contract was not handled as privileged material.
There is an obvious cause and effect relationship between the filing of the Vitol contract and the price and volume of tglo shares.
What was printed in the confidential SPA? How many people reviewed it within the DOE? Who bought the couple million shares of tglo immediately following the filing?
Yup, only a fool would buy TELL. Seriously it’s never had a chance. Thus NO funding. Sad to see certain Analysts pumping TELL as a “buy” all the while funds are liquidating their positions.
Tonight its a $6 bottle of Red Cup Rye.
Gary, Jab is just frustrated with the timeline, which we know we have no control over. When I get frustrated I go back to the facts. Or drink the Papi early and get xcomumicated:)
The 53.77% seems pretty cut and dry to me. That as I know you know is simply the two Talisman funds ownership of Delfin.
Talisman is the “other” in reference to Seeking Alpha’s ownership statistics. As SA puts it : Public and Others. 128M
Okay fine, Public don’t have much, Other is holding.
Another cryptic poster talks about grease.
In light of grease, I can see how EQ and contracts can be incorporated in the same negotiation. $tglo$
I like the was Seeking Alpha has tglo listed. I believe it’s: Public Float and Others. Lol Others
It’s just worth repeating because it’s most likely fact. Talisman is a hedge fund that owns 53% ish of Delfin and tglo is not a 13(f) security. So it’s pretty easy to figure…
Delfin and their partners own 97 to 98% of the issued and outstanding shares of theglobe.com
The case for TGLO or shall I say against PE: I can’t imagine PE and a couple private companies footing the billions of dollars on this flngv project. Although the profit potential for this midstream company looks extremely attractive, the investment horizon is way too long, not to mention risky. The current private investors here at Delfin have been carrying dead money for years, probably a hundred million or so. So new PE is going to come in and invest billions, for a period of many years with no exit strategy? The risk here will have to be mitigated by the inclusion of a public company. If it was all roses a major company like Enbridge would have done balance sheet financing on this project long ago. $TGLO$
Lol, I believe that I mush have been, thanks for the correction.
TGLO (even as a shell) has a bigger market cap than NextDecade. What do dat mean:)
It’s simply a pump and dump organization.
Zero news and time elapsed = .05 cents
Any meaningful news = $1.00 or more
The real news of FID or merger $10.00 to start the day
Almost zero float, no real buyers or sellers. Price is easy to manipulate.
With virtually zero public float, very very few buyers or sellers: the price will be adjusted anyway Delfin’s MM’s want.
The floggings will continue until moral improves.
Tglo is a great company, I believe that they have a bright future. I also think that this place should go quite and all brain trust should meet someone else.
I believe that with the very small actual PF and a vast majority of the remaining retail investors holding regardless of price that the price is easy for MM’s to set and adjust. Obviously they want it as low as reasonable, prior to the merger.
I really don’t think that anyone is “trading “ this stock. The only play here is ride it to its conclusion. What are we seeing on a day like today when 200K shares “trade”? Who knows, I personally think it’s some BS cross trades, whatever it is it’s weird and manipulative, it’s traded like this for years. Delfin and their partners have 98% of the issued and outstanding shares.
As expected, FINRA’s short numbers remain at 407K. Actually up about 1K. Of coarse this is look backwards to 12-30-22. What has transpired in the last 12 days ?
From simple math each FLNG will produce approximately 500M in profits per year. That looks fantastic for a 2B dollar investment. Share holders will start to see their owners equity build up fast.
Many many great reasons for current involved parties to achieve FID soon. However historically investments in commodities, especially large investments need to have a liquidity component. I believe this is just another reason for Delfin to go public, aside from their pecuniary interests of coarse.
This stock trades in a strange way. It’s really just an all or nothing play for us retail investors. Looking (broad view) of the facts, it appears that the owners of Delfin will need to sell equity to build this project. If private money was going to build the ships then they would have laid the keel back in 2016.
Perhaps we are seeing the short cover yesterday and today? New short report tomorrow but since it looks back two weeks I expect it will show 400k ish. Getting closer.
Recommend reading, look up EnergyX , they have quite a website up. It’s Egan’s son’s company..
It kinda makes me think that if Delfin were to stay private (unlikely) then tglo goes back to Egan and becomes EnergyX.
I have been reviewing other mergers, specifically share allocations. Companies that have gone public via SPAC might offer some insight on what will happen here. What I see is that through the merger process the owner of the SPAC gets a % age and the Founders of the operating company get their percentage as well. I know that every deal is unique and that this is not a spac deal. Depending on the actual size of the deal, I believe that our Founders will retain approximately 20% of the merged company. Obviously this is speculation, they ( the founders) could also be partiality bought out in the process. Assuming an initial valuation of say 4B, any ideas on what our boys at Delfin might have on the table?
Any new form D money placed on the Delfin project? That might indicate private investment.
I like this company $$$
Holding for the long game here.
Been a spectator for a while. All we know is that GB is up at the half. But we shouldn’t count tglo out. Look at their rouster, Enbridge, Devon, Vitol, Centrica, Black and Vetch, SHI. EUROPE…….
Been a spectator for a while. All we know is that GB is up at the half. But we shouldn’t count tglo out. Look at their rouster, Enbridge, Devon, Vitol, Centrica, Black and Vetch, SHI. EUROPE…….
This company might get bought out just for their ticker symbol, $KEGS
First month of the new year, this looks promising.
This will be a two billion dollar market cap soon, hard to see it stay on the otc, NYSE or NASDAQ ?
Solid earnings are on the horizon.