G2W - I actually agree with you. If you go about a week back I mentioned that I thought TAGG had the potential to be more than a once and done APS pick. I've messed around plenty on www.taglikeme.com and I actually downloaded the Tagg app on my girlfriends Ipad. In fact, the Alexa rating on Tagg is incredible.
It's a working product, original and it combines some interest aspects of the internet. It still has a very low user base and despite good reviews on the app it has seen only minimal downloads. Also, many of the things it is developing are still early in the pipeline.
BUT two things... Why was this formally Morgan Creek Energy? At what point does any energy company decide it wants to make apps for social media searches?
Second, anyone check out Tagg on edgar-online securities for updates on insider activities on Tagg? I did, looks like just about everyone who works for Tagg has placed orders to sell their shares. Once again if you don't believe me it's free available and should be part of everyone DD routine.
I previously wrote that it might be months of years before it gets revenue and a solid consumer base for its software. I could be wrong and if it goes viral it could be seeing profit in...hell idk, Jan? Feb? but it takes awhile for these things to happen.
My two main points are that I think many traders who are still hanging around with Tagg are hoping its going to see massive gains and bounces like it did during APS promotion and the pump period. I can almost gaurantee that era is over and you will not see anymore 20 cent swing days or 10 consecutive closings in the green.
If you want to be in with Tagg its time to be in for the long haul meaning months or more.
Second, I think it might take sometime for the air to clear around Tagg because many investors left and moved on with their gains or loses. People will see these charts and remember that it was pumped, and subsequently dumped. Before seriousl investors put anymore real money behind this it may take sometime for more tagg development and MORE proof that this company is going places. Not beach volleyball buyout promises, APS emails, or wishful messageboards promising full steam ahead.
I'm keeping this stock on my watchlist. I'm rooting for it. I like it. Just don't marry it and don't expect anymore ridiculous movements. Slow and steady will win this race whether it be months of years. If i'm wrong..I'll eat my words.