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This looks like a good long term buy and hold for 100% gains
I seriously doubt anybody is shorting this. One thing I do know is the pps went significantly down today back to where we were before merger and not a lot people want in on this as of now. Management shouldn’t be focused on shorters anyway at this point in time.
Well they just increased the authorized shares to a billion
Also they don’t seem to be in a hurry over anything
The odd thing I find is that they haven’t been doing the news on iHub. The last PR wasn’t posted on iHub. I know iHub has been taken over by social media as the main way to pump a stock but still seems odd that they would do that if this is a pump and dump meaning not posting it on iHub. I got a good chunk of my initial investment already taken out of one account and all of it in another, as I haven’t seen much here from the company and this just seems like a scam to push onto the Q conspiracy theory folks. I was expecting a lot harder push by the company on the pps by now.
Thank you for the lecture my white knight. You didn’t state anything there that I didn’t already know was a possibility.
“While we expect new revenue to be created with a limited increase in overhead costs for infrastructure development”
Well hopefully that means less dilution to get this thing going. This PR really didn’t give us a lot more than what we got last month but I have a feeling they have a joker card up their sleeve. Maybe they play it in the 10-q idk. Really tho if they can get a deal with one of these big miners then it could mean tens of millions of dollars just with one miner.
Yea it was definitely slow out of the starting gates when the take over happened but seems poised to go higher. Old SPIN management is probably thinking the same about recouping higher. One of the reasons why I like this ticker. They had an incentive to try to place the ticker in decent hands. These new guys do have some good backgrounds. The product tho just sounds like a scam lol. If it’s legit tho, damn it could be huge.
My issue is it almost seems to good to be true lol
Yea one has to understand the types of different personalities on these message boards especially in penny land. Some folks are negative posting when they are buying and some cheer when they are selling. People play games on these boards and others legit tell what they are feeling. Some investors in penny land always protect themselves and flip which is usually a good idea. I can’t blame folks for taking profits at 50% gains or over. I still hold the vast majority of my shares which IMO is a size able amount. I see potential here with this product and think the pps goes higher. I’m still holding the bulk of my shares but may take some off the top here and there.
It depends on what you view a pump and dump. If the company sends the pps higher and then does a public offering that imo is a pump and dump. It doesn’t have to be a scam but a legit dump to raise capital for the company. Also I do understand the background of some these news directors and how they help companies up list but just talking about going to the NASDAQ when this company doesn’t seem to have the product available for sale yet seems like an extreme over stretch. I am sure there is some competition in this space as well. Everything is riding on this product and if it actually works well enough and is priced reasonably enough for folks to buy and keep that market space for some years. There still so many hurdles here.
Well the merger deal is taking place. My assumptions are that they are walking the price up before they release the best news. These crypto mining rigs cost hundreds of dollars a day to operate and I’ve heard the Biden Admin has been critical over the crypto mining world due to energy consumption. Bitech which is the company taking over SPIN has a product they claim solves this issue. They just might be setting this up for a pump regardless if the product is good or not. It seems like more news maybe imminent imo
LMAO guy from new website looks familiar and has same name as dude in the mugshot. Wonder what’s the story behind that lol.
https://recentlybooked.com/FL/Orange/MICHAEL-CAO~48_22002278
If and it’s a big if, Tesdison does what they advertise it to do effectively and efficiently, this could be a huge moneymaker. These mining computers go for thousands of dollars and cost hundreds of dollars a day in electricity.
Idk there has been some bid support. They may try to run this thing. I took some small profits but this has a pump smell emanating from it. Pretty much went from an unknown gamble play to a known gamble play. This patent maybe a game changer or a dud or maybe something can replace it in a year or two. Who knows. Imo they should have named the company Tesdison as it seems more marketable. The next couple weeks should be interesting here to see if they run this. They just maybe trying to walk this up before they release the best news hopefully lol. Take Care Amigo
Hate this crypto crap. This thing seems like it’s going to be a dud imo. If I wanted to invest in crypto I wouldn’t buy stock. I would buy crypto. Obviously investors aren’t thrilled as last years spike went higher without news. 98% of these cryptos are junk anyway.
Well something like that is what I was expecting to see. The price per share seems like it’s been somewhat boxed in a certain range exactly like it was last year during their negotiations before they signed the LOI. Similar patterns but this is interesting as their shareholders will receive shares.
We have been down this road before last year. The only way they communicated anything in the past is through their filings. Maybe they try to run this again before releasing anything but maybe not. It really won’t matter much in the long run. I wouldn’t be surprised if we see some clarity in the next 3-6 months here. Take Care
The annual report usually comes out in late March. Maybe there is info in regards to a potential merger deal in the report. If we get no info going into April than I am expecting more dumping to go along with economic downturn. All imo
Someone wants out lol
Volume has been low lately. Looks like float has tightened up as folks waiting on merger news. I wonder if we see any significant selling or buying below $0.10 again. Would be nice to grab a few more shares below that price.
“There is no amount of "SPIN"ning that can be done to make this dog look desirable or to overlook the vast horrific mismanagement of this company. “
Well the way they didn’t disclose the previous LOI, I wouldn’t be surprised if we hardly ever hear from management outside the required filings. Imo they don’t PR anything or 8K anything. They will disclose the deal, whenever/If there is one in the annual or quarterly filings and allow the incoming company to run the pps from there imo. This is definitely a nice little gamble play and worth having a few bucks in. I’m more concerned about the new management that maybe coming in and does that make this ticker a trade or investment. Obviously there are risk factors like a deal never gets done or a r/s. For me I would rather have a $1k bet on this than the Super Bowl.
“Entering into an Exchange Agreement on August 4, 2021 and into the Amendment to the Exchange Agreement on December 10, 2021 to exchange all of its Convertible debt into shares of common stock.”
From the 10q
Sounds like dilution and by the looks of it they have been diluting here for some time.
??? Idk what you mean?? Do you think this is getting front loaded for a pump??
This just could be the person who sold out at the end of last year for tax purposes trying to get back in.
Hit the nail on the head.
Lol 438k on the ask at .101
I got a start position here today. Seems cheap and nuclear demand isn’t going away anytime soon imo.
“It seems that everyone these days is concerned about inflation, and for good reason. Inflation has risen from 2.3% in 2019 to more than 6% in 2021. Investors are looking for ways to hedge rising prices, and Vici offers an opportunity to do this. According to the company, 97% of its rental agreements have automatic escalators based on the consumer price index (CPI). When the CPI rises, so do rents. Higher rents flow through to AFFO and investors can expect larger dividend payments in turn. Vici's leases are what is known as triple net, meaning the tenant pays the insurance, property taxes, and building repairs and maintenance expenses. Finally, Vici has some of the longest-term leases in the business, a source of financial stability. According to the company, its average lease term is more than 43 years. For comparison, Store Capital, a net-lease REIT focused on single-tenant properties, has an average term of 13.5 years.”
https://www.fool.com/real-estate/2021/12/24/is-vici-properties-a-buy-for-2022/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo
I’m expecting more bid whacking at least for the rest of the year imo
I have followed this stock for over 10 years. This going into the trips imo
I am interested what JACK does with Del
Taco. Imo Del Taco is a great candidate to push nationwide but JACK is more of a regional company
You could probably make more money doing the opposite of what that dude says. I used to watch his show just to find new companies that I wasn’t aware of. Heard him tell one lady not to buy ROKU at $15 pps. Now it’s over $200. Jon Stewart called him out years ago during the Great Recession and made him look like a fool if memory service me right.
Well obviously there have been insider trading here. There would be on most tickers even tho it’s illegal. Just because something is illegal doesn’t mean it’s not being done by a lot of people. It also doesn’t make it right. I think management here doesn’t want this thing to a be a stinky pinky pump and dump. If they did release the LOI, you would probably would be critical of that. People could interpret that as a pump and dump as the deal didn’t materialize. The insider(s) could have made more if they pushed the LOI in a press release. Maybe they still own the majority of their shares idk. What I wonder is what caused the deal to fall apart?
The rally of inflation lol
It could be that they are shaking the tree for loose shares to fall into the hands of another. It could be that there is no deal or those in charge are being selective in who they choose to take over. Maybe it’s both lol. Who knows but I think patience is key here as of now. I personally have no issues sitting on this, the way it is for years lol. I also have no issues with them maybe being cautious on who they decide to make a deal with. They are looking for long term companies while some investor may have a short term holding mindset. Imo I think a deal gets done sometime in 2022. I could be wrong. Just all speculation
Maybe going below $20
Good volume
There is less than 100 million shares outstanding. Not to high of a float which makes things move easier. That on top of poor results have folks bailing. I saw something the other day that said most folks have more in savings bc of stimulus money. Maybe folks haven’t been looking for discount stores bc they have more liquidity. Idk just a hunch. As inflation rises one would think discount stores would maybe be a good bet.
Topps does not lose the license until I think 2025 so they have a few more years of producing cards but long term. I think the hope would be for fanatics to buyout Topps. Might be best case scenario