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$GMGI is just an investor Loser stock :(
Look, Another red day. Day trader's paradise.
Right. It’s such bull sht
Or has to spend their money on medicine.
I hope every person that shorts this dies slowly
They ended up green..No problem.
What is today's $GMGI excuse for poor performance on a booming Bullish day???
Stock Market lets these flippers and shorters take over. That's the problem.
Seriously f-ing joke. This should be over 6.00 all day everyday. Stock market is a scam joke
Blame the shorters & flippers.
Absolutely amazing this can’t stay over 5.00
Day is still long brotha!!
$GMGI turd having another RED day when everything is green....
hmmmmmmmmmmmmmmmm....
Awesome day! About time we get some upward movement.
Up 18 percent today.
Volume pickin up :) Something is on the horizon.
Bad gas exploding?
The only thing brewing at $GMGI is bad gas.
Got it thanks. Went to the otc ticker by mistake
Why is there no trading in this ticker? Thanks
The Mexico license is only one factor. More licenses in other countries will surely follow and as we've been hinted at by our CEO, Mr. Goodman, he's still looking for more profit generating companies to acquire. So much potential here for more spectacular growth, short term and long term. Once the markets gets out of this tailspin, profitable gems like GMGI will see lots of money flow back into the stock and that will translate into higher prices. The daily assault by shorts on this low trading ticker will eventually come to an end. We need higher and sustained higher average volumes to force the shorts out here. Not nearly enough volume to worry the shorts...yet.....but all that could change with some large acquisition news.
PokerStar
From 10q filing it states company has already paid for their Mexican gaming license and they are just waiting on their tax id number to be issued from Mexico to begin operating there. More revenues and growth expected in 3rd and 4th quarter.
Yep. With their bullshit playing with this daily, we will never see it go up unless big corporations buy into it then the shorters will be snuffed out.
You and I both know the reasons why the stock price remains so low. I was just reminding the resident troll on this board.
PokerStar
It was a combination of a red market and shorters beating this share price down. It must stop so this stock can climb. Just not for the day traders to prosper.
Lol...
The entire market was red today and after the shorts covering that caused a spike to almost $6, the shorts began their usual bid whacking and shorting to drop the price again.....been going on here for months and should have been expected by those in the latter group. Until strong volume continues daily, shorts control the prices here.....but you already know this. Lol.
PokerStar
The shorters sold out again...
From the 10q filing it shows they already paid in the expenses for Mexican license and are just waiting on issuance of tax if number to begin operating there. Should be soon.
GMGI continues to impress with it's 15th consecutive quarter of profitability and we haven't seen RKings Mexico begin operations yet. Cash on hand and assets increased as well as profit margins and still on the hunt for another large profitable acquisition to add to our business.....
And almost 16 million in cash! Very impressive and much, much more to come.
PokerStar
And a Very Good Quarter!
Great short week GMGI. Over 30% gains in just 3 days. Double digits soon? Time will tell.
With the elevated volume yesterday of 120K and another strong volume start to today with over 40K in the first hour of trading, either shorts are expecting something huge is about to drop about another acquisition and have covered or institutional buying has began before the release of the upcoming quarterly report in less than 2 weeks....... or a combination of both. Either way.....nice to see this back above $5 and hopefully will continue it's solid reversal.
PokerStar
Find myself thinking the same way.
As we say in the pool hall, "Let the shot develop!"
I am sure Nasdaq took a long enough look at the related parties and it was good enough for them to approve them to uplist. $300 million shelf offering in increase in authorized shares was expected to make large acquisitions and get institutional investors on Nasdaq. I like my chances here to see double digits again soon.
My long term prediction about this company turns out to be accurate after I left. Even after all what happened, the CEO continues to use his own company to benefit from the company and pocket money. The company is called Articulate and that is what turns me off as a conflict of interest. Now the company is trying to raise $300,000,000 and raised the AS as well. On the surface, it appears to be a good company, but there is something fishy about it. I rather stay away. Good Luck!
I don't call $4.18 afterhours losing.
Another losing day where everything else was a winner. :(
Yep. Seems like we supplied the shorters money for their daily habits..What a waste.
Better than losing money or no profit.
The revenues here are Nothing. Record Breaking. Lol. Sure is when you Start with low rev and Record break what did you really even do. There is potential here in their market space. But you better have 10 years to expect anything Real
Nice comeback after being down in the $3s.
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