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Bullboard - Stock Discussion Forum Argo Corp V.ARGH

Alternate Symbol(s):  ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates... see more

TSXV:ARGH - Post Discussion

Argo Corp > pump and dump company
View:
Post by feenewbie on Feb 04, 2021 1:28pm

pump and dump company

Thought this was interesting until I did some DD - this is a horrible scam.  Pays a fortune for stock promoters to raise stock price.  CEO was previous Chairman/CEO of another public company - Creative Vistas - where shares plummeted ~99%.  Pumped up to a $1.4B market cap with an astounding 908X revenue. Noted as the most expensive $1B+ tech company in the world.
Comment by thorgb1 on Feb 04, 2021 3:06pm
Wow, must be an easy solution for you then. Go short. 
Comment by humanist945 on Feb 04, 2021 3:56pm
3,500x sales...  have to hand it to them, the way they've been able to inflate this stock price has been exceptionally impressive, if people get out and actually realized the gains good for them! Pretty sure half the posters on here are paid promoters, employees and/or family members... im totally guessing here, but I'd bet that it's more like 10,000x sales to non-related ...more  
Comment by feenewbie on Feb 04, 2021 5:22pm
chuckle, - I did try an on-line order.  For the address I imput, they only listed 6 "nearby" restaurants to order food from..  When I then looked up the address of the restaurants, they were actually not at all nearby, and strangely those restaurants listed Doordash as their delivery service.  I was going to call the restaurants and mention Facedrive, but had already made ...more  
Comment by feenewbie on Feb 04, 2021 5:25pm
Yup - but couldn't be bothered. 
Argo Corp