Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agreed! Now I'm just thinking out loud.....what if Brian was somehow involved in this manipulation? It would make some sense in a few ways. His shares are restricted and can't sell anyways for the foreseeable future. The cheaper the share price, the more shares he and the board receive as compensation as targets are met. He seems uninterested in getting to the bottom of this constant price manipulation. All I'm getting at is, if I were the CEO of a company being manipulated, I'd pay to find out who is responsible for this. He keeps talking about his "loyal" shareholders when he does a podcast. I think it's time for him to rename us as his "loyal stuckholders". The name would be more than appropriate. I don't know a long here that isn't down at least 50% and every time we have a little run that brings our losses down, they manipulate the price lower again, like clockwork. I'm at the point of thinking maybe we should get a shareholder group together and have this ongoing bullsh*t investigated ourselves. It might be quite surprising what we find out.
PokerStar
Agreed. Something here smells real bad! Getting more and more sickening by the day.
PokerStar
I always said it seems to be a few that have a vendetta again'st the company.
That big sell off Friday has caused the 50 day moving average to turn down. It was within days of a golden cross that probably would’ve brought more buying action here. Some very dirty stuff going on by someone with some shares.
Buys outpacing sells 2 to 1 and the best we can do is up .17 cents after getting crushed at the close Friday! Sellers still lined up, proving again, these pr*cks are taking this much lower. F*cking douchebags never stop with this ticker.
PokerStar
More tell tale signs they want to push this lower.....1 cent spread between bid and ask. $2.78-$2.79. They usually have a 20-25 cent spread to entice selling. As long as there's buyers on the bid, they put the ask 1 cent higher. What a farce....lol. Losers!
PokerStar
If there isn't enough proof yet, this would easily be back to the $3.20-$3.50 had there not been ongoing shorting. Just too many sells, all under $3.00. Some entity is more than happy to sell at $3 or less if their plan is to short it down to low $2s and buy them back in that range. Same sh*t, different day. Same bullshit that has been going on here for over a year. Sickening!
PokerStar
Very likely heading that low. Virtually zero news incoming until the Meridian merger, so if these dirty pr*cks follow their pattern, they have lots of time to kill the price further here to load up on cheap shares before the merger is completed. IMO.
PokerStar
I want to add 1,000, but don’t want to do it at $2.80, and they push it down into the lower $2’s.
Well there's the proof we needed. It took 23K of 90% buys to raise the price to $3.00 and 2 sells followed that dropped the price down to $2.82. Obviously, these dirty pr*cks aren't satisfied yet and will bring it lower. Also, because we closed Friday @$2.55 and opened @$2.80, there's a gap in the chart that these pr*cks will want to close. Maybe not today, but I'll guarantee they will in time. Obviously not the right time to add yet, if that is anyones plan, in my opinion.
PokerStar
Lol....true dat!
PokerStar
Anytime my friend. The price on the tape for the after hour 50K was priced @$2.55. Like I said earlier, another after hours trade for about 20K went off @$2.75. A few other trades had it close for the day @$2.95. Monday should give us an idea if they are done these games for now, or if they're going to keep dropping the price. Nothing these dirty pr*cks do would surprise me. Good luck brother and hopefully things start to turn around for good.
PokerStar
Yep, because he is tighter than a frogs ass and that is watertight.
That would be my hopes as well. A buybacks would get rid of these games, at least in the short term. With GMGI still in expansion mode, I truly doubt that Brian is worried about the share price. His go to answer has always been...... as time goes on, the market will eventually value our shares properly. I would love to see him do a buyback, but can't see him spending the money to do it now.
PokerStar
I would not be surprised one bit. The SEC does nothing for retail shareholders. They help to cover the asses of the rich, the dirty MMs that use the guise of making a market and do nothing when obvious manipulation is ongoing. I am sure the SEC gets kickbacks from some of these crooks to pass a blind eye over their schemes.
PokerStar
I agree..I am 70 and don't want to wait till I can't walk anymore to enjoy some money due to these greedy turds that keep taking this down for their own deep pockets. These are the ones that sit behind a friggin desk all day and never did a good days work before. Just learn how to swindle others money. And for the others that flip and day trade, get a regular job and quit fucking up our retirement portfolios.
Thank you for the explanation. My 401K account shows $2.55. My TD I think shows $2.95
Both my personal account and 401K are heavy on GMGI. Was excited that we were about to do golden cross before the price was collapsed.
I think some of us are not ready to wait 3-4 yrs and us longs should have been rewarded for staying as long as we have…
Talking about Brian covering this, I wrote an email yesterday about for him to really think about spending a million or 2 to buyback shares to get our heads above water
I am just wondering if the marketmakers are naked shorting or using fake shares to manipulate this..If they are, it is again'st the law...Seems like our watchgroup the SEC turns a blindeye when these games are played. For all we know, they might be in this game too getting a kickback.
Totally agree. Brian could do a lot better with more reputable coverage of GMGI. We are still virtually unknown on Nasdaq! Another reason these dirty pr*cks are able to continue to play these games with the price here. We need bigger players, with deeper pockets to maintain gains and continue to grow shareholder value.
PokerStar
It closed @$2.95, but right after the close, they dropped 50K, on the tape that showed a sale for $2.55. Another 20K followed after hours, with the majority going for $2.75. They painted it as a close at end of day of $2.95. These sales seem to be done after hours at a predetermined price. Probably the market makers responsible for the price manipulation here covering their shorts. Maybe, just maybe, we see strong buying Monday, if that was the last of this round of shorting. Problem is, if we do see a price recovery, these pr*cks will do it all over again once the price reaches their magic number. This is why we never maintain our gains. These dirty pr*cks have this same ongoing game plan. Sad for us longs!
PokerStar
All these bezingas interviews are a nightmare. Repeating the same talking points.
For Godsake, we need better reputable firms covering. What about for once having forbes to cover GMGI?
Namaste had a huge run years ago because of this kind of coverage. Literally from $.20 to $3.xx
https://www.forbes.com/sites/greatspeculations/2018/09/17/what-differentiates-canadian-online-cannabis-retailer-namaste-technologies-from-other-pot-stocks/amp/
https://www.forbes.com/sites/greatspeculations/2018/09/14/can-namaste-technologies-become-the-amazon-of-cannabis/amp/
What did we close at?
Well look at that.....they dropped 50K at the close for a price of $2.55. Yep these dirty pr*cks are at it again.
PokerStar
There it is....just like clockwork. Last few minutes, drop 15-20K on the bid and watch it drop. These f*cking MMs/price manipulators will be the death of this stock. Like there was zero interest here before, so take it lower to entice some bargain hunting buyers.....problem is nobody is willing to touch this, even for a flip anymore. We longs are just stuck holding the bag here, day after day at a another low. I just knew these dirty pr*cks would take it under $3 bucks. Now, if this doesn't rebound right away on Monday, they'll drop it back to under $2 again and buy like crazy, then wait for retail to bring it back to mid $3s-$4 bucks then dump them all again. F*cking sick of these dirty pr*cks.
PokerStar
Is there any other stock out there that is so boring? Almost zero daily price movement amidst the ongoing price manipulation. Almost zero interest by buyers for long term holding and absolutely zero interested short term holders, because of this price manipulation. Flippers have almost disappeared completely unless they cause a little spike in price due to a little buying pressure, then they dump it by end of day to kill the price, only to close flat or red.....usually red. No wonder there is zero interest here. I'm sure they're going to push this back under $3 bucks.....just a matter of time for these crooks.
PokerStar
I emailed the SEC this afternoon asking them why are they sitting on their hands.
These dirty f*cking MMs kept the spread at .25 cents to enable them to dump a few at the close, to end the day down .12 cents. Typical MM games, and again, the day before another solid, profitable quarterly. F*cking pr*cks!
PokerStar
Buys versus sells were almost 2 to 1 and still, we close in the red. F*cking manipulators...I hope they rot in hell!
PokerStar
These dirty pr*cks are a f*cking joke! Right before the quarterly is about drop too. Manipulation at it's finest. Took it to over $3.60 just to drop it minutes later before the close. Where is the SEC to deal with these f*cking crooks.
PokerStar
Big boys took it down again at the closing
Ditto here brother!
PokerStar
If only I knew the market was ran like this, I would have kept my money.
100% agree but the SEC either has too many ongoing investigations or just plain don't give a sh*t. I'm sure the SEC is in the pockets of big market players and paid hush money to look the other way. Just too much obvious collusion going on here for the SEC not to take action. Like I've said before.....I'm sick of this nonsense and my only hope is that those behind it are prosecuted, whether it be a group, individuals or market makers. The market cannot survive without investors being confident that games are being looked into with heavy fines levied against these criminals.
PokerStar
Anybody who is caught manipulating a stock for their own benefit is going agains't the law and the SEC is suppose to be following them.
I've read his posts about GMGI and they seem to be quite pro GMGI. I don't know who is behind these games, all I know is I'm sick and tired of them.
PokerStar
I just got a private message saying he is pretty sure he know a guy from Facebook who is manipulating us. Initials are S.T....Stephen Tolpa? He has the money and means to do it.
As expected....trading above $3.60 all day then these dirty pr*cks drop 20K shares into the bid, killing the price all the way down to $3.13. These f*ckers will get their asses handed to them....f*cking morons!
PokerStar
Another quick 8K dump into the bid @$3.61. These pr*cks just never stop. I'm growing more and more sick of these pr*cks daily!
PokerStar
Just trying to make it miserable for everyone else...What a P.O.S.
I'm pretty sure I know the loser as well!
PokerStar
I would like to meet up with this loser in a dark alley too..He just has a hard-on for us..We probably know him too for all the negative posts he put on here.
More buys than sells yesterday at a 60/40%rate and the price drops.....today a 55/45% rate and the price drops further. All on modest volume. And people wonder why nobody wants to ask slap here. Even if one tried to slap the ask, these dirty pr*cks with the large spread will sell them to you between the bid and ask price as they hide thousands of shares. If all the pissed off longs decided to sell this and move on to a better ticker that isn't manipulated daily, this stock would be under a dollar. No buyers, just pissed off sellers. That day is coming for me.
PokerStar
Here we go again....the same pr*cks playing the same game. Back to a .16 cent spread between the bid and ask. These crooks belong behind bars. They will walk this right back down to $3.00. on low volume by selling a few hundred shares at a time into the bid. I would love to meet these pr*cks in person!
PokerStar
Wouldn't surprise me. They are due on the 15th but usually drop it early. Thank you and best of luck here brother!
PokerStar
Wouldn't surprise me. They are due on the 15th but usually drop it early. Thank you and best of luck here brother!
PokerStar
I got a message from TDAmeritrade that GMGI earnings will be released tomorrow morning.
And just like that, these dirty selling pr*cks have us back down to the $3.50 area. I'm so sick of these pr*cks doing this like clockwork after any decent green day we have. I warned buyers yesterday that it was moving higher too easily on modest volume.....my gut told me these pr*cks were at it again.
PokerStar
Pretty much what I believed was going on. Today would give us the answer.....and so far, it sure looks that way!
PokerStar
I just hope this isn't a plot by the marketmakers to build this up then sell off to make us tumble again.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |