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Selling spree has started this afternoon. F'in retards.
Had a good buying spree in the morning
It was up to 3.39.
As I expected...they tried to put up a big block of 25K to entice selling or to slow down the upwards pressure at $2.97-$3.00, then at the close we saw a 5K block bought at $3.05 go through as an after hours trade. Good vibes going into tomorrow with another solid 73K volume today with about 75% bought on the ask. Maybe the run we expected is just beginning...we surely can at least hope!
PokerStar
Normally when a big block like the 25K we see on the ask, it would cause a few to sell into the bid. Now we're seeing people slowly buy it up. Wouldn't be surprised to see a big after hours block sale show up after close today. IMO.
PokerStar
Maybe...just maybe the run we all expected when the merger finally closed is about to happen. Someone put up a 25K block up @ $3.00. It appears to me there is possibly still some loading the boat ongoing. We'll see I guess, but I'm liking the response to them knocking the price down to the $2.20 area a few days ago. Still need some big volume on the ask to get this really moving north.
PokerStar
Something is going on with all those buying shares
So.... everyone still believe that the merger news release that brought the price down to $2.20 was due to people selling off here because the news didn't bring a pop in price? This is what happens when shorts and a group manipulate the price to buy back cheaper. The value in the stock went up significantly after the merger, yet a concerted effort caused a 25% haircut to the share price. Nope...no manipulation going on here...lol
PokerStar
Something needs to happen. This is pathetic
Either big investors have to start buying or Brian has to buy a bunch of shares to get rid of these turd shorters.
It's more than possible. Something here makes zero sense. It's like owning Trump's stock and watching it lose $3-$4 bucks daily. Where she stops....nobody knows!
PokerStar
I honestly never thought I could possibly have the opportunity to add at sub $2 like last June! It is heading in that direction!
Like catching a falling knife!
There are even classes that teach you how to short these stocks.
I think that's why there are so many people who turned to shorting for a day's profit.
It's not investing anymore . it's day trading.
We have been the target of short sellers here for a couple of years now. It doesn't help that a couple of the market makers here short as well in the name of making a market. To show you how corrupt these MMs are, they were showing 6200 shares @$2.45...I ask slapped 2000 shares @$2.45 and as soon as my order went in, the 6200 shares on the ask disappeared and the ask was now $2.51. I waited 20-25minutes and didn't get filled. I slapped the ask @$2.51, got filled and immediately after my order was filled, the price went down to $2.47. Go figure. I ask slapped for $5K then they sold 100 shares to drop the price to $2.47. Yes...these MMs are criminals along with the shorters here. Unfair the way they manipulate the price here.
PokerStar
That kinda stuff should be illegal
Another thing the recorded trades show is the likelyhood of just how many shares are being shorted here. We all know there is no way this stock is worth less than $4-$5 bucks yet we see blocks sold into the bid at $2.40. Unless it's being shorted, who would sell down here? It shows they will keep shorting until buyers show up and start ask slapping. They will keep shorting until enough strength from buyers show up and a reversal starts before they stop playing this game.
PokerStar
The trades brother....2K bought on the ask and 28K sold on the bid. The trades are recorded on this site. And yes, of course there is a buyer for every sell, and a seller with every buy. It just shows the strength or in our case, the weakness in our trading pattern. Shows that there are few, if any people slapping the ask like you'd see if there were a lot of buyers fighting over shares. Instead, we have sellers unwilling to wait on the ask for a buyer, so they take less and sell into the bid so they can get out.
PokerStar
How can there be 28k sold if only 2k bought. Doesn’t someone have to buy them in order to sell?
Don't kid yourself...the pumpers here at that time were pumping and unloading between $12-$14 bucks. One pumper still posts on the Facebook site telling everyone to stop crying about the price....there's no shorting going on....and he's still buying the cheapies. What a joke! Everyone here saw it finally get off bottom in the low $2s...run up to almost $4 bucks before the merger vote....then when it was announced the merger was done a few days ago, they started selling into the bid, grabbing small profits and leaving the actual investors scratching our heads. 30K traded so far today....2K in buys and 28K in sells....but nope, no shorting going on here. Back to low $2s or worse by the time these dirty pr*cks are done. It'll take us months to get back $3 bucks now. So glad I bought a pile more before the merger. NOT!!!
PokerStar
With how fast it moved up going into the Nasdaq uplist we all thought that. I thought the day of uplist it was going to run to $20+ and I would sell some. Never happened. Regardless I still think this company is worth well more than $2.40.
This is just embarrassing now. Wish I would sold back when it was 14. But nope. Everyone was like durrrrrr this is going to be 20 to 50 bucks and we’re all getting lambos durrrrrrrr
Little interest probably because the true investors don't want to touch this because of the constant daily selling off.
Like I said before, they don't give 2 sh**s about the company or it's financial improvements.
They just want to make the daily bucks..I said that maybe there should be stiffer capital gains tax charged to these flippers.
This is the result of little interest here and shorters dumping into the bid. Nothing else makes sense.
PokerStar
160K in volume and down to $2.50. This thing is turning into a joke again. The company got 10 times bigger with more revenues and more profits and the share price drops. Nothing here ever made sense and seems to be continuing to boggle my mind. What us wrong with these flippers????
PokerStar
Alot people don't see it yet? The flippers (daily traders) are just caring about how much they can make in a day. News, acquisitions, etc. doesn't phase them a bit. They don't have enough brains to let this climb up. It's just a buy low and sell high game for them each day and they all seem to do it together like a group of buzzards.
I don't get it. Acquisition completed making this company an over 100 million dollar company and a selloff follows dropping this to the $2.50 area. It makes no sense. Losing patience here as many apparently are with this morning's selloff. P*sses me off that this didn't see an uptick in volume and a spike in price. Same old sh*t....different day!
PokerStar
Wtf is wrong with this stock? Years on Nasdaq now and can’t do anything.
I guess no new investors saw the good news? New news, same old stock?!
Yep...never ending here. 42K traded and down another 5 cents. Nothing makes any logical sense the way this trades. Manipulation at it's finest.
PokerStar
Down a nickel today.
Hopefully the douchebag selling 25K into the bid is about out of shares and this can rally back above $3 bucks.
PokerStar
They just dumped another 3k into the bid to drop the price to $2.72 and put the remaining 18K on the ask @$2.75. Unbelievable!!!
PokerStar
A whopping 600 shares traded until 11:15, then they drop 3k into the bid to drop the price to $2.80 and throw 22k on the ask @$2.90 to entice more selling off. These pr*cks just won't stop! All this with the acquisition of Meridian Bet to be completed at any point this month. Totally unbelievable balls on these pr*cks!
PokerStar
The Meridian merger to take place at any time this month and somehow, these shorting pr*cks have the price down to $2.76. What a f*cking joke. I hope Brian drops some early news and catches these losers and they have to cover on the ask. Same sh*t, different week.
PokerStar
They had to make sure we ended red before the 3 day weekend..They suck.
What's to say. watch the asshole flippers destroy us?
Hey what’s going on here lately. Quiet board
Close of $3.33 for the day....pretty decent volume and a green day...on a Friday to boot! It rebounded faster than I thought it would. That's a good sign in my opinion. With Brian saying the merger would be completed in April, I'm hoping he surprises everyone and announces the merger after the loser flippers do their next dumping into the bid and they have to chase it higher to buy them back. It's been in the works for almost 2 years. I'm sure all the financing has already been arranged and it's just a matter of signing the paperwork. I'm hoping Brian surprises us all with an announcement in the second week of April. Tick, tock! Best of luck my friend!
PokerStar
Oh, I would be for sure knocking some teeth out. Alot of people agree with me thinking it's a bunch of turds buying and selling all together to make profit or orchestrated when to do so. Wonder why we can't get our heads above water. These creeps and their penny stock trading classes they took.
Got back to green then in the last hour...over 50K dumped into the bid to drop us to 3 bucks then under...such a bunch of jerkoffs. Always happens on a good news day. I'd love to meet one of these losers sometime...I'd have a real surprise for them!
PokerStar
I hear you Gary...some just seem happy to flip for a .30-.40 cent profit. These fools sell into the bid to drop the price in the hopes of enticing more bid whacking, so they can buy back in cheaper. The time is coming where buyers will snap up the bargains to raise the price back to where it was and higher. New buyers needed and I see a big change in the trading pattern coming our way. The days of under 20K shares daily will be a thing of the past and this manipulation will end. Once the merger is completed and announced in the coming weeks, I'm expecting a whole lot of ask slapping, a new breed of investors buying shares here and some serious price appreciation in time. Patience will pay off here. I know you're as frustrated as I am with these scumbags.
PokerStar
Was in the green this morning until some jackwad had to sell to bring us down flat again.
Right after acquisition report came out.
Ditto here! Hopefully with the upcoming vote results for the 100% merger/takeover, the true value of the new combined company, both of which are already profitable companies, the market will give this new company a much, much higher valuation. I'm with RBC and the analyst coverage on GMGI has a valuation today of $5.37. When the new company emerges and starts reporting their sales and profits, I guarantee it will get investors excited and buying shares here. How many gambling stocks out there are actually profitable that is costing them hundreds of dollars per player retention. GMGI has very low cost player retention and when the synergies from these two profitable companies merge, it will get the attention of small investors and Wall Street investment firms. The sky is the limit here. All the best brother!
PokerStar
I am hoping those big purchases near closing and after closing is not just the swing traders loading up more ammo again for the coming week to dump into the bids to bring the price down again.
Another after hours large blocks went off today. Over 40K @ $3.07, nice to finally see positive news and the price didn't collapse as usual. Now let's get this acquisition done and close this massive Meridian Bet deal and get these combined company's books together and welcome the new breed of traders to this baby. We need new blood in the worst way and I'm a firm believer that we will flush out some of these swing traders. The price rarely moves more than a few cents back and forth for the last few months and I think once these new buyers step in, the price will increase significantly and these flippers will be replaced by actual investors that will eat every share that these morons dump into the bid trying to rebuy cheaper. Our day is coming Gary....a little more time and patience required but I think we have a nice break out coming soon. IMO!
PokerStar
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