TheGlobe.com Inc (TGLO)

[jerrybrockman]

I see the MMs are busy trading this back and forth with each other, “walking it down,” perhaps in anticipation of a gamestop play? LOL First of all, Robinhood, the preferred platform of the Redditters (most were under age 10 when The Globe had its original run), will not even allow TGLO to be purchased. Second, the Redditters would have to do a deep dive into history, and basically desire to own shares for symbolic or nostalgic reasons, which is a highly doubtful motive. Like all investors, they too want to own something that has an actual product. As of now, this remains a shell. But, and it’s a BIG BUT, the constraints of supply and demand in a closed system cannot be denied if a massive increase in buy side volume were to occur.

That being said, I think that despite Biden’s proclamation, Delfin is still in play, first because the permit is still valid and second because a lucrative export deal could still be in demand by one of our many Frenemies overseas.