Getting there boys! Hop on board for the easy money. But seriously I would not be greedy and go to a dime, buy it back at around 20 cents.
I am brother. Of course the nice thing about shorting a stock is until it hits 0 you can always squeeze more money out of it.
By nonsense do you mean the truth? Because if there ever was a pump and dump scam this one is it.
Lol, do you really not get it? They just turned the worthless Curis shares into money. Anything they get is just sheer profit.
Have to love scams like this. So easy to spot and make money off of. Still not nearly too late to short since ten cents or delisting is the final destination for TGB.
They just "acquired" a worthless company and effectively gave the shareholders of that company a way to launder their shares by converting shares they couldn't sell to TGB shares. How can I say the old shares were worthless....they were worth 68 cents! No, they were worth 68 cents on paper, since barely any traded on any given day (think hundreds not thousands or millions) there was effectively no way to sell enough shares without knocking the price down to where it belonged...zero.
Next up expenditures to develop a site that will never produce that will further erode the tenuous value of TGB and offer excuses why there is never any net profit. Sure there is some value here, but think pennies. Easy short down to a dime.
Here's how it works, create fictitious expenses, split the money among the people involved. Just think of TGB as a private bank account for a select few. They take out money whenever they want and just create expenses to explain the earnings shortfall.
It's a scam. If you think it took x millions of dollars to do the improvements then you are fooling yourself. That money is getting split between a small group of people. In other words TGB is a private bank account for a select few...and that certainly does not include the shareholders.
Oh, I'm sure there is a mine and they are in fact mining copper, but all the improvements and unexpected hurdles to overcome are just ways to skim the profits. I suppose it could be complete incompetence, but that isn't so good either. Good luck.
It is when you aren't even hitting your estimates. If they exceeded targets, but couldn't meet demand that is one thing, but to fall well short and not meet demand isn't good at all.