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re: When will Tsnp crash??

Posted on 2/27/21 at 5:58 pm to
Posted by MusclesofBrussels
Member since Dec 2015
4572 posts
Posted on 2/27/21 at 5:58 pm to
You could make an attempt to rebut anything I've said regarding TSNP or AT in general, but instead you jump in with a pretty sad ad hominem. Let's hear your counterargument.
Posted by Adam4848
LA
Member since Apr 2006
19065 posts
Posted on 2/27/21 at 6:06 pm to
ad ho·mi·nem - in a way that is directed against a person rather than the position they are maintaining.

I think I’ve maintained a pretty consistent post that “you” are letting AT get the best of you. Let people do their thing. You’re starting to get too invested into what others do.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 2/27/21 at 6:08 pm to
quote:

It went from $6 to $45 since being mentioned. A millions ways to get out and make big profits. I jumped in at $26 for a quick trade to make a few hundred and sell in the AM and the USPS contract came out literally 22 minutes later. Lost $3k lmao frick me. Thems the breaks Calling it a losing pick from AT is bullshite. Massive winner but people either got greedy, got in late, or just because he didn’t say to sell it’s his fault? He believed in the company and held onto a portion of his stock but you best believe he was selling shares all the way up. Ain’t his job to tell you when to get out.

Dude had been pumping it hard high. It’s one thing to make a call low and ride it up, and maybe it comes back down some. It’s another to do that and then tell everyone to buy in high. He even says he added more high, it’s possible he lost money overall from that
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 2/27/21 at 6:12 pm to
quote:

WKHS was discussed on TD way before AT. Regardless if you want to give me WKHS that’s fine. Still a winner for AT, maybe a loser for Upperdecker?

Don’t know how it’s a winner for you and loser for me. I had been in since 1.50. I also didn’t pump it high. But hey I’ll admit I held a bunch and lost some profits, so call it a loser for me, idc
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/27/21 at 6:50 pm to
quote:


V&S just threw up. V&S insists that you remove the old man's balls from your mouth.



Upvote for third person dialogue
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/27/21 at 6:54 pm to
Just upvoted my own post and also this one for posterity
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 2/27/21 at 7:37 pm to
The whole AT situation is rather fascinating. As I commended him two weeks ago, he had a stellar run of hitting these things at the right time and simply made bank. That is the name of the game and he was hitting homer after homer. I made several posts commending that.

The cult like reaction to him was simply astonishing though. No one would look at how he communicates with others and defend that.... in any other situation. He goes 0 to 100 in 2 sweet cheeks. Yet rather normal decent people fall over backwards to defend such assholiness... I mean they are like the middle age plebians praising and worshipping their angry lord. Excusing all forms of behavior for one reason.

The other dynamic which I am sure extends beyond just his 'army' is the outright indignity if anyone suggests it is not a sound investment. It is incredible given this is a message board after all.

I tend to pick my spots on giving commentary as I don't want to be that guy. LVVV I felt almost obligated as the board was blinded by standard OTC pump garbage and actually were believing it was a real and prosperous company. I didn't need to say that on CRYBF for example when that ridiculous press release came out for the pump... a company that has no freaking battery technology (outside a license from some dudes in Shanghai)... seriously people, this is Nigerian Prince stuff. But TSNP has been slipping into that element where people honestly believe at several billion dollars, this nothing company.... is undervalued. Not a momentum play, but a true undervalued future Paypal... you know without patents, technology, people, capital, history, financials, agreements, clarity and those minor things. That is the only reason I shared my opinion.

Time will clarify this for all.
Posted by raineysky
DeRidder, Louisiana
Member since Oct 2012
472 posts
Posted on 2/27/21 at 8:22 pm to
It may be a moon shot but there are a few things to consider. Right now TSNP only makes money from selling hats and tee-shirts. I had a penny stock years ago claim they were getting into auto racing and their only income at the end was from selling a few toy cars.

They don't have any cash. George has already said (duh) they need to raise cash. Guess how they gonna do that?

Said they bought tickeri or whatever for $20 Million. Their profile shows they have 2 employees, the brothers. Sounds kinda fishy.

I think this will be a great trading stock but you will need to take any and all profits frequently. They still have a BILLION shares out there and god only knows how many more are on the way.
Posted by Huey Lewis
BR
Member since Oct 2013
4677 posts
Posted on 2/27/21 at 8:41 pm to
quote:

Their profile shows they have 2 employees, the brothers. Sounds kinda fishy.


Where are you seeing this? Their website shows 28 people at the moment and even their LinkedIn page says 14 so I'm not sure what profile you're referring to..
LINK


quote:

They don't have any cash. George has already said (duh) they need to raise cash. Guess how they gonna do that?


Presumably the goal would be to raise cash in the coming months through sales and app fees.



quote:

They still have a BILLION shares out there and god only knows how many more are on the way.


Since the reverse split, total shares mirrors Paypal (~1.14b vs. 1.17b) and public float is ~880 million.

If they are to be believed, reducing outstanding shares has been one of their goals since the merger and so far their actions align with that. Selling more shares in the short term would wreak havoc on keeping the price above $4 for a Nasdaq listing and wouldn't make sense given the actions they've taken in the last three months.


This post was edited on 2/27/21 at 8:44 pm
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69956 posts
Posted on 2/27/21 at 8:46 pm to
quote:

Right now TSNP only makes money from selling hats and tee-shirts.


And tile
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/27/21 at 8:48 pm to
quote:

Right now TSNP only makes money from selling hats and tee-shirts.


See this is the problem with this board. The DD is absolute sheet. It’s wood flooring, not tile.
Posted by nosaints
Louisiana
Member since Dec 2009
323 posts
Posted on 2/27/21 at 9:29 pm to
I really don't understand the hate on this board, it's unbearable. I've acquired a shite ton of Pappy's and GTS's because of some good information. All the trolls can eat a bag of dicks.
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 2/27/21 at 9:41 pm to
quote:

Since the reverse split, total shares mirrors Paypal (~1.14b vs. 1.17b) and public float is ~880 million


But that completely ignores the convertible preferred that hold control (and thus are likely convertible into majority hold). I know George tried to word salad the preferred in the meeting (saying zero tangible about the rights - and someone claiming they are not dilutive due to not being able to convert for a year).

Those preferred will be a controlling stake. They cannot be ignored.

As for acquisition - bought from his own CTO (who is the first cto of a billion dollar tech company that doesn’t note he works as such on his LinkedIn lol). Seriously - every trick in the book. It will be a buddy mai it stock deal - OTC special to trick. And boy did it work.

Watching people get thrilled over acquiring a buddys company when this is supposed to be a multi billion company.
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 2/27/21 at 9:44 pm to
It is the referencing of PayPal that gets me. Here is a question - why does PayPal have hundreds of patents and humbl has zero.

Humbl is going to revolutionize money transmission.... yet their website says:


HUMBL, Inc. is not a money services business and does not hold itself out to be such. All money transmission services are being provided exclusively by third parties which are money transmitter[s] licensed and registered under all applicable state and federal laws. HUMBL does not offer money transmission services. All information provided on HUMBL's website and mobile applications is provided in good faith as examples for informational purposes only and is not a representation of money transmissions of any kind, express or implied.”

Yet somehow they still manage to convince people.
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 2/27/21 at 9:45 pm to
What do you think the end result of this company will be? Share price, effect of preferred etc.? You keep referencing the possible effect of the preferred, but I don't recall seeing what you think will happen
This post was edited on 2/27/21 at 9:47 pm
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 2/27/21 at 9:52 pm to
quote:

Presumably the goal would be to raise cash in the coming months through sales and app fees.





They’re a pre-revenue company. They have like 13 employees and people think they’re worth 5.5B. They’re going to lose money for the foreseeable future, like literally every pre-revenue company ever. They’re going to have to dilute shares to kingdom come to have any hope of actually verifying that valuation as a multi-billion dollar company.

I have no clue how long this pump will go, but it’s already much higher than it should ever be.
This post was edited on 2/27/21 at 10:07 pm
Posted by jimjackandjose
Member since Jun 2011
6512 posts
Posted on 2/27/21 at 10:13 pm to
For reference

Stlhf is valued at around 300M right now

TsNPD is 5.5B

Does that even make any sense???

Disclaimer, I've made money all the way up with TSNP
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 2/27/21 at 10:52 pm to
quote:


What do you think the end result of this company will be? Share price, effect of preferred etc.? You keep referencing the possible effect of the preferred, but I don't recall seeing what you think will happen


I don’t think there is much there. No patents, no capital, no key employees. Foote has pedaled his plan for years to no avail - now trying the slick marketing. It would take hundreds of millions to develop their vision (with tech and people they don’t have). But since they gave away 80 percent of common equity for a useless OTC shell when it is literally the easiest market in history to get funded - I gotta think this is nothing but smoke and mirrors.

Posted by LSUneaux
NOLA
Member since Mar 2014
4502 posts
Posted on 2/27/21 at 11:08 pm to
You sure spend a lot of time on this thread for someone who is not interested in the company or owning the stock.
This post was edited on 2/27/21 at 11:09 pm
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 2/27/21 at 11:10 pm to
Riding all profits here but this whole story seems too good to be true. Considering selling all my remaining shares this week in search of bargains elsewhere.
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