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Started By
Message
re: TSNP is turning me on
Posted on 2/5/21 at 1:29 pm to Open Your Eyes
Posted on 2/5/21 at 1:29 pm to Open Your Eyes
quote:
How jealous are you that people like me are up 7x our initial investment on this stock you don’t understand?
Can you explain to me why this company is worth $1B, much less $6.5B?
Have you ever seen a single financial filing? Can you point me to any independent research that wasn’t sourced from the company’s press release?
I’m being 100% serious. I’d love to understand more so I don’t miss out on gains in the future.
2
Posted on 2/5/21 at 1:30 pm to ell_13
quote:
As he downvotes every post pointing out his idiocy.
Haven’t downvoted a single post in this thread fwiw
Posted on 2/5/21 at 1:33 pm to slackster
quote:
Can you explain to me why this company is worth $1B, much less $6.5B? Have you ever seen a single financial filing? Can you point me to any independent research that wasn’t sourced from the company’s press release?
No I can’t.
Do I care about any of that as the price of the stock continues to climb?
No I don’t.
quote:
I’m being 100% serious. I’d love to understand more so I don’t miss out on gains in the future.
Do you understand you don’t have to invest in a stock that you’re not comfortable with?
Posted on 2/5/21 at 1:36 pm to slackster
quote:
If you’re worth $6.5B as a company, you don’t go public via a penny stock merger,
Where are you getting that HUMBL had a $6.5 billion valuation when they merged with Tesoro? They were basically an idea, a handful of agreements and a beta app "coming soon". That's right. When they merged they didn't even have a beta of their app.
Over the next few months after the merger, things started coming to fruition.
I don't know what you're thinking, but this isn't a $6.5 billion company that suddenly decided to merge with a penny stock SPAC. This was a company that didn't even have an actual product yet that merged with a penny SPAC.
Posted on 2/5/21 at 1:37 pm to Open Your Eyes
quote:
No I can’t.
Do I care about any of that as the price of the stock continues to climb?
No I don’t.
Appreciate your honesty.
quote:
Do you understand you don’t have to invest in a stock that you’re not comfortable with?
Yes. Asking questions doesn’t take away your gains, so I’m not sure why you are so defensive.
Posted on 2/5/21 at 1:41 pm to whitefoot
quote:
Where are you getting that HUMBL had a $6.5 billion valuation when they merged with Tesoro? They were basically an idea, a handful of agreements and a beta app "coming soon". That's right. When they merged they didn't even have a beta of their app.
Over the next few months after the merger, things started coming to fruition.
I don't know what you're thinking, but this isn't a $6.5 billion company that suddenly decided to merge with a penny stock SPAC. This was a company that didn't even have an actual product yet that merged with a penny SPAC.
It’s valued at $6.5B at current market value. You don’t get to $6.5B today when you were worth $21M 4 months ago.
My question is which of those was wrong? Did management leave billions on the table by going the TSNP route, or is this stock incredibly overvalued?
For perspective, Humbl is now worth 50% more than YouTube was when acquired by Google. To not ask a questions about what happened would be dumb.
Posted on 2/5/21 at 1:43 pm to slackster
quote:
Yes. Asking questions doesn’t take away your gains, so I’m not sure why you are so defensive.
You’ve asked the same questions multiple times.
Clearly you haven’t been given an answer you find acceptable. Clearly you don’t like the stock. Clearly it’s not something you’re comfortable investing in.
So why do you still insist on shitting on the stock, and pointing out that it isn’t doing the things you think it should be doing?
Posted on 2/5/21 at 1:47 pm to slackster
quote:
It’s valued at $6.5B at current market value. You don’t get to $6.5B today when you were worth $21M 4 months ago.
My question is which of those was wrong? Did management leave billions on the table by going the TSNP route, or is this stock incredibly overvalued?
For perspective, Humbl is now worth 50% more than YouTube was when acquired by Google. To not ask a questions about what happened would be dumb.
So HUMBL insiders were awarded shares of TSNP, so i'm not quite sure they left billions on the table.
As for the company itself, I have no idea how they plan on funding their expansion or operating costs.
I am waiting for the ticker change and im going to pull out 30% of my gains
Posted on 2/5/21 at 1:48 pm to Open Your Eyes
quote:Well, what is the answer?
You’ve asked the same questions multiple times.
quote:I’m glad you are making money on this stock. Why be such an emotional investor that you get angry over anyone questioning the why behind the value of the stock? Isn’t it a good opportunity for increased knowledge and dd?
So why do you still insist on shitting on the stock, and pointing out that it isn’t doing the things you think it should be doing?
Posted on 2/5/21 at 1:50 pm to Open Your Eyes
quote:
Clearly you haven’t been given an answer you find acceptable.
I haven’t gotten any answers.
quote:
So why do you still insist on shitting on the stock, and pointing out that it isn’t doing the things you think it should be doing?
So pump only?
Posted on 2/5/21 at 1:52 pm to slackster
Slacky, I suggest starting a new thread for your devil's advocate attitude towards TSNP. I hear where you're coming from. 90%+ of people in this thread aren't looking to learn. We wanna circle jerk each other with our gains okay? We'll meet you over in your new thread for an educated discussion.
Posted on 2/5/21 at 1:52 pm to WDE24
quote:
Why be such an emotional investor that you get angry over anyone questioning the why behind the value of the stock? Isn’t it a good opportunity for increased knowledge and dd?
There’s a difference between posting counter-research to the current discussion and constantly laughing as people are rolling in the money on a stock you don’t like or understand.
You’re doing the latter.
Posted on 2/5/21 at 1:53 pm to My2ndFavCivilNgineer
quote:
So HUMBL insiders were awarded shares of TSNP, so i'm not quite sure they left billions on the table.
That’s part of my point. Most of these SPACs raise money. If you’re a company that doesn’t even have an app, you’d think raising capital would be paramount. What was Brian Foote’s logic?
Posted on 2/5/21 at 1:54 pm to slackster
quote:
I haven’t gotten any answers.
How do you not understand that that is the answer?
quote:
So pump only?
So what if it is?
Posted on 2/5/21 at 1:54 pm to Broken Ear Glen
quote:
Slacky, I suggest starting a new thread for your devil's advocate attitude towards TSNP. I hear where you're coming from. 90%+ of people in this thread aren't looking to learn. We wanna circle jerk each other with our gains okay? We'll meet you over in your new thread for an educated discussion.
, fair enough, but I didn’t think that was the purpose of this board. Posted on 2/5/21 at 1:55 pm to Open Your Eyes
No one is laughing at you. Understanding the why might help people make informed decisions on when to exit and take profits.
Why aren’t you curious to know the answer?
Why aren’t you curious to know the answer?
Posted on 2/5/21 at 1:55 pm to slackster
I have many of the same questions as you. I bought in at .30 because it seemed like a great momentum play ahead of the HUMBL switch and have taken some profits along the way. Obviously holding some for the ticker change but would love to get some real answers on why it’s a good long term hold. I’m not opposed to holding long at all just trying to get more info.
Posted on 2/5/21 at 1:57 pm to Open Your Eyes
Hold the line
This post was edited on 2/5/21 at 2:13 pm
Posted on 2/5/21 at 1:57 pm to Open Your Eyes
quote:
Open Your Eyes
Although I am riding this train, I think his questions about the company are valid and welcomed. You don't have to agree with him, but those types of questions are needed to keep this thread in check. If not its just a bunch of sunshine pumpers, and turning a blind eye to the down side is bad investment practice.
Its great that we are all making money on this thing right now, but his points (as I take them) are that we need to be cautious. The rug could possibly get pulled out quickly since we don't really have any positive news and they really don't have a product yet.
Posted on 2/5/21 at 1:57 pm to WDE24
quote:
No one is laughing at you.
Who said they were?
quote:
Understanding the why might help people make informed decisions on when to exit and take profits.
Sure.
Constantly making the same comment about $6.5b companies not supposed to be penny stocks isn’t doing that.
quote:
Why aren’t you curious to know the answer?
Where did I say I wasn’t?
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