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re: TSNP is turning me on

Posted on 2/6/21 at 10:21 am to
Posted by bayoumuscle21
St. George
Member since Jan 2012
4861 posts
Posted on 2/6/21 at 10:21 am to
quote:

What’s the upside of this one?


I'll think of selling around 10$. I'm serious.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77259 posts
Posted on 2/6/21 at 10:43 am to
quote:

$200. Is that more of a 5-10 year type projection?


Great question
Posted by Rome26
Dallas, Tx
Member since May 2009
502 posts
Posted on 2/6/21 at 12:52 pm to
quote:


1st congratulations that is awesome to hear. Did you find TSNP on TD? HUMBL is special, in a blink of your eye $3 and beyond will be here. GL


Thanks AT

I found out about TSNP through a friend of mines. After hours of DD, I was sold and had to convince him to hold on to his shares.
Posted by Rome26
Dallas, Tx
Member since May 2009
502 posts
Posted on 2/6/21 at 1:04 pm to
quote:

You're up over $400,000 on your remaining 340,000 shares!



Yes sir!! At one point yesterday, I was up 260k for the day. End up finishing the day with a 163k gain.
This post was edited on 2/6/21 at 1:32 pm
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7629 posts
Posted on 2/6/21 at 1:47 pm to
Wow. So as I keep doing due diligence I see their app has launched but I am struggling to see anything tangible behind the company. I am still in here but feel like it will be prudent to put some stops in place should this crater.
Posted by Golgi Apparatus
Member since Sep 2009
3012 posts
Posted on 2/6/21 at 3:58 pm to
I believe they have yet to launch their app. They have however launched HUMBL financial Sá of last week.

I think it would be prudent to put stop losses in place as you stated. This company looks better than most otc stocks but it’s still otc.

I’m holding long until they give me a reason not too.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51874 posts
Posted on 2/6/21 at 4:11 pm to
(no message)
This post was edited on 2/6/21 at 4:11 pm
Posted by LSUneaux
New Orleans
Member since Mar 2014
4691 posts
Posted on 2/7/21 at 10:30 pm to
What is the likelihood of significant share dilution to raise cash? They currently have 3.9B, but what if this balloons to 8B shares? I don’t know if retailers can eat all that up and keep the price at this level.
This post was edited on 2/7/21 at 10:31 pm
Posted by castorinho
13623 posts
Member since Nov 2010
84642 posts
Posted on 2/7/21 at 10:38 pm to
They'd be dumb not to after this run
Posted by Dock Holiday
Member since Sep 2015
1748 posts
Posted on 2/8/21 at 8:35 am to
Good morning TSNP
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
2007 posts
Posted on 2/8/21 at 8:47 am to
LFG!!!
Posted by LSU in Frisco TX
In the Green
Member since Oct 2006
752 posts
Posted on 2/8/21 at 8:49 am to
Get to $2 baby. Let’s go!
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51874 posts
Posted on 2/8/21 at 8:51 am to
I'm up almost 1000% on my initial purchase.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/8/21 at 8:52 am to
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 2/8/21 at 8:54 am to
quote:

What is the likelihood of significant share dilution to raise cash? They currently have 3.9B, but what if this balloons to 8B shares? I don’t know if retailers can eat all that up and keep the price at this level.


They’ll need cash at some point. How they’re rolling this app out without raising capital when they went public is a head scratcher. Cash is the lifeblood of a pre-revenue company. At these valuations they should at least have more options than they had 3 months ago.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51874 posts
Posted on 2/8/21 at 8:56 am to
I'll probably put a stop in on some of these shares I own so that I stay in the black but I've made a hell of a return on this one.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77259 posts
Posted on 2/8/21 at 8:58 am to
So you would sell TSNP or hold indefinitely?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51874 posts
Posted on 2/8/21 at 9:00 am to
I'll probably sell some and get my initial investment back plus a little more and just let the rest ride. I only own 6000 shares though.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43316 posts
Posted on 2/8/21 at 9:06 am to
quote:

So you would sell TSNP or hold indefinitely?


Sell some to cover your initial investment keeping the rest of the shares for 'free'. Put in a Stop Loss order to lock in whatever profits you feel comfortable with.

Most of us feel this is a long term hold. These guys are aiming to be the next PayPal. Unlike PayPal, their app doesn't rely on the smartphone meaning they can deliver their solution to more of the rest of the world than their competitors.
Posted by Richleau
Member since Dec 2018
3300 posts
Posted on 2/8/21 at 9:12 am to
Slackster is still around? I wouldn’t listen to his advice about this stock.
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