Daily discussion for all things $TLSS
Daily discussion for all things $TLSS
This includes any nudity, gore, and porn NO EXCEPTIONS. Any NSFW posts will be removed by a moderator.
Your post must relate to TLSS in someway or it will be removed.
Do not harass, bully, or threaten other users. Doing any of this will result in an immediate ban.
This is not meant to be a place where students can ask for help with anything work related. If you need help with homework, try visiting r/homework_help/
Meme weekend is every weekend, unless otherwise stated. At no other time may memes be posted as their own thread
No mindless bashing or pumping here! We like to keep it clean with real information, shared with and inspected by the community. Speculation is fine, but make sure it's grounded in reality.
We are here to share real information about TLSS. Rocket emoji and expressions of excitement about price movement are allowed/tolerated in a general sense as comments, but there must be more to your post than a sense of "To the moon!" for it to be a post
Examples of this behavior might include, but are not limited to asking:
"Why can't I find this on Robinhood?" "Why did the price drop from $8 in 2019?" "How many shares should I buy?" "What is a good price to buy in at?"
If it has to do with the way the stock is moving today, it belongs in the daily thread. If, after some reflection, you think that particular day's movement is interesting, feel free to make a post explaining why. While we are excited to have you join us and we know you are excited to have bought shares, introductory or self promotion comments about buying or selling shares should not be their own topic and should be posted in the daily thread.
Posting multiple posts/comments within a short period of time to the detriment of the clarity of information, or (in) any attempt to manipulate a stock's price or investors will result in Moderator Action.
If you've made it this far, congrats! Reading will do right by you here, so I'm sure you're the last person who needs to know this, but just so it's in writing:
If you break any of the above rules, you may be subject to post/comment deletion, temporary or even permanent bans. Any problems above that and Reddit mods get involved and then none of us are able to watch the little numbers make us money. So, uh, don't do that. Thanks!
1) Q: Why can't I buy TLSS Stock? A: It's likely your trading platform. RobinHood does not facilitate purchase of OTC (the index on which TLSS trades) stock, and T212, a european platform, appears to have restrictions on Limit Orders for OTC trades.
https://www.reddit.com/r/tlss/comments/lqpu75/lets_help_our_european_friends_find_a_platform_on/
2) Q: Is it too late to get in on this? A: That depends upon what you are looking for. If you're a swing trader or someone looking to turn quick profits, this stock may be too volatile for that at this time. If you're planning to hold for the long term, then I don't think any time is necessarily too late. This stock is not Tesla, but that stock was in the 25 dollar range in 2013, and after a 5 for 1 split in August 2020, it's aver $800 a share. That's 160x in 7/8 years? Let me ask this - at what time over that span would it have been "too late" to get in on it? Some times were clearly better than others, but if you're in for the long haul, it's hasn't been "too late" in 7 and a half years. It's this kind of thing that us "longs" are holding for - knowing it will not likely be Tesla - but if it turns out to be 1/100 the stock Telsa is, we'll be in good shape. Here's a nice thread by u/sums_up about how the company's financials are looking. https://www.reddit.com/r/tlss/comments/jvhqbw/10q_out_financials_getting_better_by_the_quarter/
3) Q: Why does this automod keep removing my posts?
A: The reason we do this is because we are trying to prevent people from creating accounts for the purpose of mindless pumping and FUD. The requirements to avoid the automod removalare quite modest. All we ask is that your account be newer than 2 days old and have a comment karma of at least 5. Then you can post without getting hit by the automod. As a note, as human moderators, as best we can, we try to remove the automods manually on posts that seem legit. We don't always catch them all, so be patient and try to hit us up with modmail if you have something legit to contribute yet the automod is removing it.
4) Q: But I see in your posts many of you are saying "today is the day" and "This stock is dead." Isn't that pumping and FUD? A: Perhaps you have heard the expression, "Read the room." Those of us who have been in this stock for the long term, and have been around this subreddit for a long time have gotten to know each other real well. We often post things facetiously because well... we're bored waiting around for this stock to do the things we expect it to do. If we don't know you and you come on bashing/pumping, we assume you're engaging in Pumping/FUD. But because we've been posting here for over a year, it's understood we're just clowning around. I didn't say it was right, but it's what we do. Read the room.
5) Q: Do I have to send a screenshot of my investment account details to prove I have over 1 million shares so i can get that sweet 1 million share flair? A: Absolutely not! I/we will take you at your word. Flair is a fun thing, and you should absolutely not risk giving away particulars of your investment account to people online. If you want the Million Share Flair, we would hope you have a million shares, but I don't care enough to ask you to compromise your privacy to prove it. Ask me for the flair, and it's yours.
6) Q: When do you think this will hit $1? $5? $10? Wait - Reverse Split? Oh no! Isn't that bad? A: We get this a lot. There is a reason I put these two together, they kind of go hand-in-hand, and there are 2 great posts that address both of these in the same post. Please read by u/Jack_Bauer_24 https://www.reddit.com/r/tlss/comments/jacgdo/new_week_tlss_musings/
and the following by u/milneryyc https://www.reddit.com/r/tlss/comments/krcx55/understanding_reverse_splits/
That first one is a good "catchall" and the second goes even deeper into the particulars of reverse splits. Reading both of these would make excellent DD on your part. And if you're trying to nail down when the reverse split would happen, and what the ratio would be, read the comments from u/Jack_Bauer_24 on this post as to why that cannot be estimated at this time: https://www.reddit.com/r/tlss/comments/ki0uje/otc_how_long/ggppdia
7) Q: When is the Salson Deal happening? Is today the day? A: Well, nobody really knows when the day is, but you'll notice in the daily post, we kid around about it since we're not pumpers and we legit have no clue when/if this is happening. We're all pretty hopeful, though!
8) Q: Who is TLSS leadership? What happened to John Mercadante? A: John Mercadante was the CEO of TLSS and he has a track record of successful growth with other companies, most notably Coach. He recently stepped down for Sebastian Giordano to take over, but John is still very active in the company and is on the Board of Directors. James Giordano (no relation to Sebastian) is the CFO. Doug Cerny, the former COO, unfortunately died of COVID in 2021. John and Doug are responsible for initiating a turnaround, and Sebastian and James are here to pick up where they left off, complete the turnaround, and, God willing make us some money!
9) Q: Why isn't there more news about this stock? A: For the most part, TLSS brass does not like to come out with news until something is officially done - an agreement reached, something signed, etc. That was the case under John and it seems to continue under Sebastian. Read these updates by u/Ayrity https://www.reddit.com/r/tlss/comments/jwcvdj/quick_update_with_doug_cerny/
and u/everysquirlfindsnuts https://www.reddit.com/r/tlss/comments/jngqvb/just_a_thought/
10) Q: Dilution! That's bad, right?
A: The stock was diluted to resolve the aforementioned bad debt and law suits (from #4). Dilution was always a short-term solution, not a long-term result. Here's a good thread by u/CaptainBulgaria_PS that addresses this
https://www.reddit.com/r/tlss/comments/iy3cwp/q3_discussion/
Make sure you read through the comments posted by u/Ayrity, u/BLAXU93, and u/Spuds_Buckley
Also check this one out: https://www.reddit.com/r/tlss/comments/o9zs3b/the_straight_dope_dilution_of_stock_vs_dilution/
Here's some other DD from the previous FAQ that I didn't want to remove, but the Q is no longer FA, so....
https://www.reddit.com/r/tlss/comments/kup8oh/why_was_their_price_over_1k_in_2018_what_happened/
https://www.reddit.com/r/tlss/comments/kruhoh/new_to_investing_and_trading_in_the_stock_market/
https://www.reddit.com/r/tlss/comments/kmf49r/8k_this_morning/
https://www.reddit.com/r/tlss/comments/knzt4j/looks_like_theres_another_8k_out/
https://www.reddit.com/r/tlss/comments/kt0x47/new_8k_filed/
https://www.reddit.com/r/tlss/comments/jxftx7/undersganding_the_dilution_and_warrant_conversion/
https://www.reddit.com/r/tlss/comments/l4ad49/summary_of_tlss_sec_filings/