Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Tangelo Games Corp. IPRSF

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."

GREY:IPRSF - Post Discussion

Tangelo Games Corp. > Valuation.
View:
Post by Lendlfan on May 27, 2017 12:46pm

Valuation.

Okay let's all give our heads a big shake here for a second. Here's how you know we are at a bottom and this thing "shouldn't" go down any lower even after a deal is announced.

Let's sayyyyyy this thing drops to 1 cent. (as per GeraldH likes to believe it will)

That would make this company worth $1.8 Million Market Cap.

Really......REALLLY.....REALLLLLY!?? $40 Million in revenue, $10 Million a year EBITDA, and capital structure improvement where debt level is now serviceable.

I dare this market to send it down that low. Because I, and many many others will be buying like crazy. That's how you know we are at the bottom. 

$1.8 Million.....hahah company would be priced as much as a condo in downtown Toronto. HA! HA! HA!

My point being is......why would anyone sell here? Unless you think no deal was done and the company has to go bankrupt....then that is different. But a company pulling in this money doesn't go under. They get bought out, or equity injections.

Even with further dilution, the stock is undervalued.
Comment by GeraldH on May 28, 2017 12:22pm
OH BUT IT WILL GO LOWER!!! HAHAHA I WILL BUY BACK SOME 2's MAYBE MAYBE!!!! hahaha good luck this week  
Comment by amgod666 on May 29, 2017 7:07am
how much is the remaining debt? If I got it right, they arent earninng money at the moment?
Comment by Champ87 on May 29, 2017 8:31am
Around 86M$...
Comment by amgod666 on May 29, 2017 9:02am
well...I guess thats the reason why they have a mcap of 6.32M (says google) only To be honest I cant imagine a deal is upcoming. User number and return didnt increase, no markt leader anywhere, load of debts, no profit, why on earth shall I invest in this company?
Comment by GeraldH on May 29, 2017 7:13pm
not earning just losing (using) for personal gain, yall been bamboozled not to late to sell and salvage some milk money
Comment by Lendlfan on May 29, 2017 8:48pm
Sorry sir....but people are buying at these levels. There have been investors accumulating stock at these cheap levels for quite some time now. The stock chart and volume tells you this. The stock had more even/green days in the last 6 months than ever before.  That's a sign of accumulation. Smart money is not selling here.....thats why you are dumb, and should never ever give anyone ...more  
Comment by TooTall00 on May 30, 2017 12:05am
Wow, the dumb just keep getting dumber. Sure thing meathead, the executives just take money out of the company when they want, fly to Bahamas, go to Australia. I have said it before and I'll say it again....... U R THE #WORSTBASHEREVER U IDIOT. Man or woman ur stupid.
Comment by GeraldH on May 30, 2017 6:21pm
sticks and stones might break my bones, but your portfolio is hurting like a mofo. good luck with your losses you misery.
Comment by TooTall00 on May 31, 2017 12:10pm
Let me make my point CLEAR Jerry. I haven't said up or down on the stock and actually if you read my post or 2 re this I'm a bit more negative on the outcome. The rest of my posts are calling you out which you have never stepped up. Where my issue is your bs. If you read you read your posts you sound like a f n idiot with the non factual spew you spew. Yup the stock is sh*t, we can all see ...more  
Comment by GeraldH on May 31, 2017 9:18pm
bottom line, big shorts are in order here from our terrific team of shorters.  you got greedy with a bylo-selhi matrix and thought you will be rich, but really - i bet you're dirt poor. things will not turn around for you with Tangelo. I will buyback when this thing nears ZERO good luck till then.
Comment by Lendlfan on May 31, 2017 10:59pm
That's what I love about you shorters. Stupidest people on the planet. Any reasonable smart person would never short stocks, as your profit potential is completely limited. When you go long stocks, the potential of profit is unlimited. But here you are....after a stock has tanked 95% already,....here you are wanting to go short. I bet you bought Bre-X stock when it hit $200 a share too eh ...more  
Comment by TooTall00 on May 31, 2017 11:01pm
He is not shorting sh*t at these levels. Team of shorters bahahahahahaha
Comment by Lendlfan on May 31, 2017 11:04pm
By the way....who are you referring to when you say, "our team of shorters". You know, you've referenced this "We" and "us" in past messages that alluded to you being part of some group of people involved with trading this stock. Let me tell you something...and listen carefully....if you do have a "team" of people naked shorting this, or if you ...more  
Comment by GeraldH on Jun 01, 2017 3:07pm
nothin illegal about shorting stock. some brokers offer it some don't, if anyone gets burned they force cover your shares as a shorter. surprised you don't know stock trading 101
Comment by willis888 on Jun 01, 2017 3:51pm
...once again dumbo,scottrade does not allow anyone to short tangelo.Borrow a quarter and go to the pay phone and make the call.
Comment by Goldy63 on Jun 01, 2017 4:54pm
This post has been removed in accordance with Community Policy
Comment by TooTall00 on Jun 02, 2017 1:38am
But seriously, who is shorting it at these levels????
Comment by Lendlfan on Jun 03, 2017 8:42pm
I'm surprised you don't know LAW 101. If you and a group of people are "COLLUDING" to bring a stock down by naked shorting it, (which is possible seeing that many firms don't have the shares to let you borrow to short) then that is ILLEGAL. It's called stock price manipulation and it is highly illegal. And like TooTall says.....What reasonable smart logical trader ...more  
Comment by TooTall00 on Jun 03, 2017 9:41pm
Hey Lendlfan he isn't shorting sh*t and hasn't shorted sh*t. he is not colluding with anyone as nobody would short a stock at 3 cents even banking on subpennies. He is a basher and a bad one at that. No use wasting time on him as he is a punk that hides behind the internet like the troll he is. All we can do is wait to see how bad we all get screwed on this stock. That's my outlook and ...more  
Comment by mancer7 on Jun 04, 2017 2:57am
How should it get still worse? The share has already lost most of its value. And it will certainly not go to zero.
Comment by Lendlfan on Jun 04, 2017 9:44pm
As much as I agree with you about Gerald, your statement is a bit contradictory. You state that anyone shorting this would be dumb (which I 10000% completely agree with) but then you are pessimistic on anything good coming from this deal and that we're all going to be screwed. I think that any deal done, won't be done at below current market value. The market has punished/priced this ...more  
Comment by TooTall00 on Jun 04, 2017 10:22pm
It's not contradictory, I have a feeling based on my experince in this sh*t bag of a stock and I have owned it from before diwip we are going to get screwed. There will more than likely be a deal done but it will not benefit us, it will beneift the group(s) that are essentially bailing this thing out. i.e. what is these guys buy this thing out for 1 cent per share and assume all the debt and ...more  
Comment by Seadooxp1 on Jun 05, 2017 2:23am
TooTall00 - I too have been in this stock since before diwip and your spot on about it performance. Have two questions you guys might be able to answer. As I understand, any deal would need shareholder approval and both executives and TEC would be unable to vote. If I remeber correctly, Marti took 15 Mil shares at $.15 and his stock can't be re-priced.  If they took private would they ...more  
Comment by GeraldH on May 30, 2017 6:18pm
accumulation as price declines? what are you some kinda of a moron? accumulation is steady and/or upward trending, not pressured downwards. 1 beautiful little girl and a baby boy due winter. Wife is smoking hot too FYI. yep life's good.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities