{"id":6696,"date":"2015-08-29T11:15:53","date_gmt":"2015-08-29T11:15:53","guid":{"rendered":"\/?p=6696"},"modified":"2015-08-29T11:39:24","modified_gmt":"2015-08-29T11:39:24","slug":"tapinator-inc-otcmktstapm-turns-red","status":"publish","type":"post","link":"\/articles\/tapinator-inc-otcmktstapm-turns-red\/","title":{"rendered":"Tapinator Inc. (OTCMKTS:TAPM) Turns Red"},"content":{"rendered":"\n

Tapinator Inc. (OTCMKTS:TAPM<\/a>)’s jumps seems to be at an end – the company lost 12.64% of its market value in yesterday’s trading session. <\/p>\n

This turn of events is hardly surprising – after all, as far as due diligence was concerned, the only real reason the ticker was headed up was hype. The beginning of TAPM<\/a>‘s <\/strong>ascent coincides with the filing of its latest financial report, and the two press releases glorifying the successes documented in it.<\/p>\n

While the information that said press releases provided was technically accurate, it presented an altogether incomplete and one-sided look at the company’s actual situation.<\/p>\n

Suffice it to say that said situation was in no way as rosy as it may appear to someone who just reads press releases. While TAPM<\/a> <\/strong>certainly has made steps forward with regard to revenue increases, new releases and the like, it is still far from profitable.<\/p>\n

Further, the fact that the company deemed it necessary to DOUBLE its shares authorized just two weeks ago is a glaring sign that massive stock dilution may well be under way.<\/p>\n

Of course, there is no way to be sure that is really the case, however the ticker’s biggest stumble in yesterday’s session was caused by a spike of selling that took the market at 10:40, and dragged it all the way down to $0.4, before it could start to recover. That spike of activity certainly looked like a dump.<\/p>\n

And if investors are really dumping large amounts of shares on the market all at once, is it really any wonder that TAPM<\/a> <\/strong>is falling?<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Tapinator Inc. (OTCMKTS:TAPM)’s jumps seems to be at an end – the company lost 12.64% of its market value in yesterday’s trading session. This turn of events is hardly surprising – after all, as...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1816],"class_list":["post-6696","post","type-post","status-publish","format-standard","hentry","category-news","tag-tapm"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6696"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6696\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}