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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. > No downside
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Post by Eagleeye2468 on Sep 30, 2015 1:32pm

No downside

This price is ridiculous the fact that they have let it fall to this point is a combination of price manipulation through the market that's been getting beat up, although nothing has actually changed with this company since it was a .60 stock in fact it has gotten better. I remember tell people the same thing at .30 before it rallied, if you want to short it that's fine but to deny the potentially huge upside to a investment like this doesn't make sense. The only thing I don't love about is is the stock dilution but in doing so they are gaining a majority of the current gaming market. I've had many conversations with the company in the past and they aren't fools but the flush outs are part of the game these days almost every company out there flushes out the price to get people placed etc. This Market isn't for the weak you basically need to be moving big money around to get ahead and find those special ones that have been crushed into the ground. It could go a bit lower temporarily but it's impossible to stay here the financing was around .33 those people are going to want to make money they don't do this kind of stuff for no reason.
Comment by lscfa on Sep 30, 2015 9:13pm
Focusing on "stock dilution" is flawed because you are looking at only half the equation. What about the value created by the acquisition.  As as previously posted LAB is worth about $0.50 per share before the Akamon deal. After the initial Akamon announcement  LAB is worth $1.35 per share. Now that's an accretive deal. If the deal gets modified with more shares issued ...more  
Comment by FastFF on Oct 01, 2015 2:32pm
The bull market Canadian hype stocks is over. That is obvious. The only thing that will help this stock is actual net earnings, not scammy EBITA (give the high debt/exquity load) and they are a long way from that happening, so there's still plenty of time to buy this if management can really build a real competive company. Note the warning Carl Icahn is giving about company "engineering ...more  
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