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Now, do these pr*cks keep selling it down to where this run started again, or do big buyers step in, stop the bleeding, and go back up higher. With healthy trading, we do see some profit taking on the way up, that's normal, but sustained selling is not, which has been what we've seen here for months. Hoping these clowns finally are done and we recover and not just keep sliding lower on light volume like we've been seeing.
PokerStar
Yeah....I hear you. Unfortunately, you can't fix stupid!
PokerStar
I knew these dirtbags would be chewing on this this morning
That shows you that the same people are selling and it drops, then they buy back in at the lower price..Rinse and repeat..I hate to pay their capital gains tax bill. This is why we stay at the $2.00 area. They are idiots and don't care about the big profit they could make if they just buy and hold like us.
One day someone sells and the next day it soars
Tomorrow will tell the tale of the upcoming week, in my opinion. The break of $3 appears inevitable now, but how the price reacts will be telling. Do these loser sellers start dumping into the bid or have they finally realized they're playing with fire. If we can break $3 and see some solid bid support, I bet we see this pop to about $4 bucks before some sellers grab some profits. If this can withstand the sellers in that area, we may see the price retrace to the low to mid $3s before heading back higher. If we get acquisition news, this should really pop, in my opinion. We are more than overdue to hold our gains and move to higher ground.
PokerStar
Can you order a website with betting
I know for sure, sellers are stupid or just plain dumb to be playing games with this at this important moment. Just to make a few bucks aday is pretty sick while they probably owe on capital gains each time they make a stupid small profit.
Wow spike in chart from $2.00 and maybe smart buyers and stupid sellers
Even with the slimy end of Friday, huge sellers, we found a way to absorb them all and close at the HOD of $2.95. This is without a doubt the most solid buying and holding of gains we've seen in over a year. Maybe, just maybe with the MeridianBet acquisition coming, we get back where we belong in the $5-$7 area for starters. It seems obvious to me that a new group of investors have started to jump onboard. Hopefully they are here for the long run and not part of the last group that showed up on for a buying spree, only to dump everything as soon as we breached $3.00. I guess next week will tell the tale of exactly who is coming aboard the good ship GMGI!
PokerStar
Solid trading and volume for a Friday. Hopefully we continue to rise and absorb remaining sellers on the ask. We could see $3 bucks by close at this rate, as long as we don't have an end of day attack on the bid.
PokerStar
It's a private company....that wants to go public. With GMGI acquiring them, they are achieving their goal. All we know is they have 1500 employees and are a profitable company. Last update from our CEO is they are a 100 million dollar company and produces 20% profits. Hope this helps.
PokerStar
Does anyone have any financial information on MeridianBet Group. I went to website and it is listed as a forbidden site. What's up with that?
Not sure the reason is but these dirty pr*cks don't know when to stop!
PokerStar
They Fu**in suck..Trying to ruin the leap. I see it as a vendetta.
Lol...guess you're new here. Same shorters or group of sellers that have been here for 18 months.
PokerStar
I can't believe there are still sellers here this morning..Are they insane?
Who is the seller, you seem to know? Thanks
It would be nice to see a breakout above $3 and it hold.
Nice close..Hope it holds.
Unreal volume today....over 219K with an hour and half to go today. The close today and tomorrow's trading will determine whether we hold our gains and move higher next week or the pattern continues with these douchebags selling off and not only killing the momo here, but also eating all the price increase we've see these last few days. Hopefully I'm wrong and these crooks let this run higher where we belong. Very telling few days ahead of us. IMO!
PokerStar
Over 200K in volume already....wonder if MeridianBet's 1500 employees are getting in before the acquisition closes? Would be great if they offered them an employee buying program where they buy shares twice a month from their pay that's been set aside for this purpose. The company I worked for offered this program and also as an incentive, they gave you a 10% discount from the price they bought them for. I took advantage and made a killing. Our company's shares were trading between $10 and $12 dollars. I accumulated over 5K shares over 6 years through the company program, then we were acquired by a huge company that paid us a 30% premium for our shares. When that offer was on the table, our shares were already trading for almost $30 per share. Would be nice to see this happen here!
PokerStar
Yup just saw that sh*t
Another 10K block @$2.70 on the bid just destroyed and back down to low $2.60s. I figured the dirty pr*cks would do this.
PokerStar
Looks like the dirty pr*cks are starting early! Trades going through @$2.88 but these dirty pr*cks just dumped a pile into the bid to lower the price to low $2.60s. I had a feeling these pr*cks were just letting retail take the price up so they could dump shares they bought in the low $2s. These pr*cks are relentless!
PokerStar
It's about damn time this started to finally move. It's also about time we finally see us hold the majority of our gains before the next leg up. I have my doubts tho, as we've seen this movie before. Nice gains the last couple of days have been followed with a Friday selloff, taking away all those gains. Maybe, just maybe, it doesn't follow that pattern again, but I won't believe it until I see it. With the acquisition to be announced anytime now, there's no reason to not see us hold these gains, then move higher next week!
PokerStar
Let’s go. It’ll probably just drop tomorrow tho before the weekend. Let’s hope not
No doubt...been saying this for months. Brian has set aside 2 million dollars for share buyback but it is how he is implementing the program that puzzles me. He supposedly steps in and buys back shares when he feels the share price is a bargain yet it does nothing to help increase share price and end the games the shorters are playing. If he was serious about shareholder value, he'd be bid sitting large blocks of shares and increasing his bid price as the buyers step in and increase the share price. My belief is the share buyback is being done through a market maker that is part of the shorting scheme that's gone on here for months, which is why he is buying back piles of shares and the share price remains in the toilet!
PokerStar
Interesting point, maybe someone does a huge financial, speculating huge
We are in a heap of trouble with these crooks attacking our stock.
Nothing to see here Gary...nothing to see here! Shorters still in full control of the share price.
PokerStar
Buys- 43,040---Sells 49,791 at 4 PM...and this isn't being shorted?
Buy volume 13,658. Sell volume 39,016
P/E at -28. That means it is way oversold and undervalued. 11-16 is healthy. Tells the story right there clear as day
Percentage of Shares Outstanding 0.16
Number of Shares Short 57.61K
Number of Shares - Previous Month 48.04K
Short Interest Ratio (Days) 1.66
Short Interest Ratio - 1 Month Ago (Days) 0.
Short shares have increased month over month
Market Cap: Micro Cap
$77.72M
Shares Outstanding
36.15M
Shares held by Institutions
2.22%
Enterprise Value
$61.97M
That's what I'm hoping for....
PokerStar
Once we get big institution buying with heavier volume, the crooks should get snuffed out.
More good news released, more record revenues and MeridianBet financing lined up.....Thinking all this good news is worthy of seeing these crooks take the share price down to $1.50! I'm not sure anymore what it will take for this ticker to make a move higher and hold. Like some kind of nightmare I can't wake up from.
PokerStar
This stock is getting abused by market makers and daily traders everyday
I have never seen a stock act the way this one has unless it was diluting like crazy regularly. We know with over 15 million in cash on hand, dilution is not happening here, and to top it off, they set aside 2 million dollars for a share buyback. So what exactly is the explanation for the non stop pressure on the bid? All that makes any sense to me is shorting. With everything this company had accomplished in the last 2 years and the upcoming massive acquisition, how is it possible to be trading near all time lows?
PokerStar
Bunch of pr**ks ruining for everybody else. I hope they have to pay taxes up the arse.
I'd be a lot happier knowing GMGI was diluting causing the downward pressure on the share price, but instead large holders are getting fed up and dumping into the bid or shorters are reloaded with cheap, borrowed shares and are getting ready for another dump fest to lower the price even further. All I know is I'm getting sick seeing us back down to $2 bucks! Unf*ckingbelievable!!!
PokerStar
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