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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 by User

Comment by uppermost10on Jan 28, 2015 2:36pm
101 Views
Post# 23373440

RE:What do you think the deal is?

RE:What do you think the deal is?If it is all hype then the majority of us are pretty stupid.
Hype doesn't have this type of volume behind it.
What we have here is pure unadulterated accumulation
with a view to making a significant profit in the next 2 - 3 years.
The best time to make a profit is while we are right here at current prices.
You can wait for a pull back if you want.

Having said that maybe we sell off on the news!
The lowest valuation I can come up with puts at $.50
and that is 6 x EPS.  The industry averages no lower
than 15 x EPS somewhere north of $1.00 $($1.20??)

But with DiWip making revenue from their migration to
mobile any pullback is going to be met with buyers who will
want a lot more of this low hanging fruit.

U



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