Kaloyan Gadzhev

TagLikeMe Corp. (PINK:TAGG) Crashing Without APS

by Kaloyan Gadzhev November 12, 2012
548TAGG_chart.pngWith Awesome Penny Stocks (APS) moving on, TagLikeMe Corp. (PINK:TAGG, TAGG message board) lost the last leg it had to stand on. Not only did it close down on Friday, but the volume was also half of the levels from the previous sessions.

Despite the dreadful performance of TAGG, there are still hardcore believers that keep spreading baseless rumors. A user going by the nickname innovationrich, quotes Sierra World Equity Review (Sierra) and says that Microsoft "will buyout TagLikeMe."

This is not the first time this claim has been made by Sierra. Around Oct. 30 I wrote about the ridiculous rumor and the fact that there is no basis to say such a thing. Back then, it was the pumpers at APS who quoted the blog.

TAGG hasn't provided anything to make it a more viable buyout option since then, and as we pointed out Sierra World Equity Review is not a reliable source. It's a blog "for fictional and entertainment purposes only."

67PRTN.pngMeanwhile the "buyer beware" sign has been put on TAGG's quote at OTCMarkets.com again. The trading halt of TagLikeMe shares on the Frankfurt Exchange is still in place, and the management still hasn't said a word about these issues.

As with previous APS pump jobs like Pristine Solutions, Inc. (PINK:PRTN), some people have lost money on TAGG, and some more will as the valuation of the company goes to a more reasonable number.

Comments 1

1. Guest
November 12, 2012, 10:09AM

Quotes Kaloyan Gadzhev, do you nothing more to write about then TAGG... Move on to something else.

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