Jinyyy
2021-06-24

$Torchlight Energy Resources(TRCH)$

Why is this a well plan trap?

1. Reverse merger - Draw attention.

2. Announce special dividend and claiming can be between $1-20. People start buying 

3. File for dilution of 100m. Slowly start diluting secretly. Short interest to float % falsingly increased

4. Shareholders has to hold from 22nd-24th. File for another 150m dilution and tell everyone he has finished his 100m dilution. 

5. Price drop- should I hold to get the dividend or sell to cut loss? HODL - dead 

6. While people hold the line, he can start his 150m dilution and hopefully finish by 25th.

7. After getting the dividend, people start selling. Price drop even more [Sad] 

Many people will say we don’t know how much is the dividend worth. But from the look at how things are done, it clearly shows he’s trying to get money out of us. The fall is great until now but not the greatest. When dividend is confirmed, the tsunami will come. I really hate this trap. I suffered 30% and got out last night, my biggest loss so far. I’m a loser and need time to recover from this. Staysafe guys! JUST SMALL FISH TRYING TO SURVIVE [Glance] 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YZX88
    2021-06-24
    YZX88
    Guess will hit $6 later on . Base on my Amature Judgement .


    输一次?一智



    • EugeneJD: 
      Will not
    • YZX88ReplyEugeneJD: 
      ? lets see .
    • EugeneJDReplyYZX88: 
      which is why sharing info here.
    • YZX88ReplyEugeneJD: 
      if i win also not win ur money u so negative for what ? Lol like as if u damn good in stock like that .


      If youre that good u wont be here playing liao .
    • Jinyyy: 
      Good luck! [Glance]
  • Matcha21
    2021-06-24
    Matcha21
    U exit this stock liao why u still commenting ah? Help la
    • Jinyyy: 
      I want to see what is the company up to! Want to see the dividend.
    • EugeneJD: 
      Cos i still have some shares left
  • YZX88
    2021-06-24
    YZX88
    说得通。


    希望你尽快康复，?。


    但是我会继续持有哈哈?
    祝我们俩好运
    • JinyyyReplyYZX88: 
      [狡猾]
    • JinyyyReplyYZX88: 
      嗯，买更低的你的平均水平和出售，也许你可以削减一些损失
    • YZX88ReplyJinyyy: 
      不，哈哈，我不会做平均。我比较多样化，如果我错了怎么办，哈哈
    • YZX88ReplyJinyyy: 
      没有工作。我是在9.5岁的时候进来的
    • Jinyyy: 
      我昨晚卖掉了以减少损失。在内心深处，我在想，这会不会变得更好。但让我们面对这一切都是稀释。也许你有很低的成本价所以你持有[可爱]
  • I168
    2021-06-24
    I168

    time to play is over. when 21st the price dump bewteen 8.50 to 10 is the best time to buy and sell and repeat several time to profit enough so that it would cushion the coming major drop.

  • EugeneJD
    2021-06-24
    EugeneJD
    Ya but i am still Trapped for some
  • EugeneJD
    2021-06-24
    EugeneJD
    I think maybe mosT ppl thAt can hold is the cost avg is very low
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