Kaloyan Gadzhev

TagLikeMe Corp. (PINK:TAGG) Drops Accountants

by Kaloyan Gadzhev November 14, 2012
7TAGG_chart.pngYesterday, the management of TagLikeMe Corp. (PINK:TAGG, TAGG message board) filed an 8-K form informing the public that the company changed its accounting firm.

Seeing as how TAGG was pumped and is now trading more than 75% lower than the pump peak, one could expect the management would like to present the shareholders with some position on the situation, but that person would remain disappointed.

Despite the fact that the paid pumpers at Awesome Penny Stocks have moved on, there are plenty of people touting TAGG on investor message boards. The claims of the posters are mostly connected with the rumor of a Microsoft buyout, which we have pointed out was started by a blog which is for fictional and entertainment purposes only.

It may take some time before everyone understands what the reality of TAGG is and until then there may be some small spikes as the one we saw this morning.

4GWBU.png

TAGG opened up and ran to nearly $0.09. This is not something unusual for stocks after a pump job. There are still people who are not willing to settle for a huge loss, and some of them will try to get the price higher in whatever way they can.

Unfortunately, some will get burned in those small post-pump runs, but at least they won't be looking at losses as big as those of the people who failed to exit before the huge crash.

8PRTN.pngWe have seen this happen many times before with previous APS pump jobs such as Pristine Solutions, Inc. (PINK:PRTN) and Great Wall Builders (PINK:GWBU). To avoid getting hurt by paid pumps traders should do their own due diligence, and be careful with what sources they trust.

Comments 4

1. Guest
November 14, 2012, 03:26PM

Quotes Kaloyan Gadzhev, dude, write about something else already... Do you have any knowledge on other companies? I'm really tied of reading about the only one company you follow.

2. Guest
November 14, 2012, 02:54PM

Quotes I'm wondering the same thing as comment 2. You seem to constantly be ripping on TAGG. I think the company may not be the best investment but no one knows what the future holds for it...

3. Guest
November 14, 2012, 01:15PM

Quotes Is there any positive news about TAGG? Since this is a real product, can you find anything positive about it?

4. Guest
November 14, 2012, 11:13AM

Quotes How much do you get paid to continue to write about TAGG?

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