{"id":772,"date":"2013-01-25T08:25:00","date_gmt":"2013-01-25T08:25:00","guid":{"rendered":"\/?p=772"},"modified":"2013-03-25T20:14:33","modified_gmt":"2013-03-25T20:14:33","slug":"taglikeme-corp-otctagg-blips-on-the-radar-again","status":"publish","type":"post","link":"\/articles\/taglikeme-corp-otctagg-blips-on-the-radar-again\/","title":{"rendered":"TagLikeMe, Corp. (OTC:TAGG) Blips on the Radar Again"},"content":{"rendered":"<p> Generally, the burnt fear fire, but in the case of TagLikeMe, Corp. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TAGG\">TAGG<\/a>) investors have a fresh opportunity to get burned. The ticker, exhausted from promotions, made a comeback among the most active stocks, adding close to 80% in a single day. That&#8217;s not beyond belief for a stock trading for cents, but it may lead to sharp movements on renewed buying and selling interest. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TAGG0125.png\" border=\"0\" alt=\"TAGG0125.png\" title=\"TAGG0125.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>We said goodbye to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TAGG\">TAGG<\/a> once its promotions ended at the end of last year, but now there is a need to brush up on the company&#8217;s achievements. In short, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TAGG\">TAGG<\/a> holds nothing of interest to make its stock rise beyond the days of a promotion. TagLikeMe relied on tagging technology to make its way in online business. This, however, has not led to any revenues and the company&#8217;s financial situation does not look rosy: <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/FARE0125.png\" border=\"0\" alt=\"FARE0125.png\" title=\"FARE0125.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$315 cash (Down from $4,000 reported in previous periods)<\/li>\n<\/ul>\n<ul>\n<li>$1.27 million current liabilities<\/li>\n<\/ul>\n<ul>\n<li>$284,221 net loss<\/li>\n<\/ul>\n<p>TagLikeMe tries to create an alternative to search algorithms by including the human factor of news selection to achieve more relevant results. Still, the company&#8217;s position among other tagging services is still just a future plan.<\/p>\n<p>So far, TagLikeMe has burned through a lot of borrowed cash, issued new stock at $0.001 par value and used paid promotions to blow up its stock disproportionately, to 40-cent highs. This is within the powers of Awesome Penny Stocks, a most prominent paid pumper with large budgets, taking tickers for a long ride and sending them to record prices. But only days after the APS pump, most stellar choices are down in the dumps. The losses exceed 90% and most often a lot of investors are left holding millions of worthless stock. Beside this, the company managed to authorize one billion shares at $0.001 par value, with the potential of new issues further diluting the company&#8217;s value.<\/p>\n<p>The latest spike for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TAGG\">TAGG<\/a> to 4 cents seems dramatic measured against the past few days, but in the longer run, it is still a tenth of the highest price when APS intervened. With more than 330 million shares outstanding, daily selling volumes could bring this ticker to even lower levels quickly.<\/p>\n<p>We could not explain the sudden spike in interest for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TAGG\">TAGG<\/a>, although other tickers show a similar brief recovery. Other APS picks such as World Moto, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FARE\">FARE<\/a>) attracted the attention of buyers long after the pump was ended. Still, the effect of the Awesome Penny Stock newsletter was to wipe out more than 70% of the ticker&#8217;s value and leave thousands of investors to absorb the losses. The new climb of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FARE\">FARE<\/a> is only the exception that proves the rule.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFI0VUWTH9s5qRKip1vhjuHR1rZt8f91SuV-2FNtw8OmPAX9YNQwAf-2BSMYCf57qd-2BwbCLPVreOyfVFCJuQraC-2BO4I2jVZnIC4f6-2FJT2yPUVxnWTT0ZSqlvi-2B9OKcSQJP2sOwKAQLhZHh-2FSxhG3fyOI-2Bldw-3D-3D\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Generally, the burnt fear fire, but in the case of TagLikeMe, Corp. (OTC:TAGG) investors have a fresh opportunity to get burned. The ticker, exhausted from promotions, made a comeback among the most active stocks,&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[117,145],"class_list":["post-772","post","type-post","status-publish","format-standard","hentry","category-news","tag-fare","tag-tagg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/772","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=772"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/772\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}