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I would say manipulation and the administration doesn't know how to handle it.
Plus we traded over 60K so far this morning and we still can't break through $3 bucks. Something strange is going on here again.
PokerStar
Pretty bad that we dropped to 2.94 at closing after we were over 3.00 most of the day.
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I am really starting to think this is being done intentionally to crush us.
We do have a few GMGI enemies that use to screw with us on here.I haven't seen them anymore.
They could be working behind the scenes.
Yep, someone put in an order to sell at $2.90 when the last trade was at $2.988. The bid was $2.85 at that time. I was watching for a sell at $2.85 to finish us down for the day.
I expected it but it wasn't as bad as I thought it would be. Brutal volume day again today....perfect situation for these scumbag shorters.
PokerStar
We were headed for a 4 PM knockdown, 2.99 to 2.90 WTF?
Sounds like lowlife thugs playing this for whiskey money
Look at these numbers....over 80K traded yesterday and up a whopping bloody nickel. Today, they let retail walk it up to $2.89, up .13 cents, on a measly 14K shares. Tomorrow, they'll probably walk it up to about $3.15 or so, then as soon as some large bids start showing up, they'll dump into them, like they always do, and run with their Friday milk money. What a f*cking joke these people are!
PokerStar
We were over 3.00 today and it closed at 2.76. This shit should be illegal to bring it down like that. 100 shares sold into the bid caused that? Rediculous.
Good buys today. Someone bought 27000 shares
Another prick must have sold @ 4 PM.
Just like the scumbags they are, the selling continues. I bet they close us @$2.50 or lower. They just love seeing this back down in the low $2s. Another start to another red day in GMGI land.
PokerStar
I suspect those that shorted 160K last week have a ways to go yet....I suspect as long as volume remains higher than normal, they may be done covering in the $2.33 area, where there was a gap in the chart. That's the day we closed @$2.30 and opened the following day @$2.33, then the buyers ran it up to the $3.75 area. I know a healthy chart has pullbacks after a run, but this chart has always been somewhat of a mystery to me. Things here just don't make sense most of the time as we've been plagued with lower volume. Because of that fact, shorts have their way with us.
PokerStar
Another 50K traded so far today and sells over buys are 2 to 1. I wonder how low these scumbags take it before buyers step in? Same sh*t, different day!
PokerStar
A nice 12K bid @$2.74....unfortunately, nobody is slapping the ask and like always, someone will either dump into it end of day, or first thing in the morning. Sad situation, but eventually, the stupidity will end.
PokerStar
I'm on there as well! I'm the only Larry that posts there as far as I know.
PokerStar
Sure Larry. There is a GMGI board on Facebook too.
Yeah, but not interested in posting it. If you're comfortable, I can send you a friend request. I'm Larry, by the way! Let me know.
PokerStar
How about a facebook name?
Hi Gary...I don't have P.M. on here. The only way is to wait for happy hour on Friday from 4-5.
PokerStar
PM me on here. Are you on Facebook?
I slapped the ask for 500 shares to get rid of the 300 on the ask
@$2.88 and got them all @$2.84. Just proving out my point!
PokerStar
You got that right Gary! These scumbags are all about making their daily or weekly bucks on the backs of us longs. Part of me thinks I should have just dumped in the mid $3s and not looked back, but this ticker is so undervalued and with the acquisition on the way, I can't leave. I've seen too much and been through too much pain with this ticker, to not be around for the grand slam. I only wish I had money to buy more when these dropped the price below $2 bucks. Anyway...back to level 2 to watch the scumbags do their Friday closing dump fest.
PokerStar
I just told the moderator of Discord I am leaving. I don't need to be told to "take a walk" and "I don't know what I am talking about" etc. I must have hit a nerve to some of these lowlifes on there..Don't need that bullshit at 70 years old. I have had this stock since the big split and hate to see daily scumbags play the trading , flipping game. It's not called investing anymore.
Lol...yeah right. Just been invested in this stock long enough to know the pattern. It's been doing this for over a year....and here comes the Friday dump. Bunch of scumbags!
PokerStar
Shorting game with us? You are shorting too?.LOL
Probably one of the larger holders that is playing this shorting game with us. I have traded for over 25 years and have seen the dishonest b*llshit that goes on. All we can hope for now is there is a catalyst coming soon and they don't drop us back down to the low $2s again.
PokerStar
I shared some of your posts to Discord to enlighten the members what's going on because you make alot of sense and some puke told me to stop and for me to take a walk.
Watch level 2 today...at the moment 5K bid @$2.90 and 5K on the ask @$2.99. Just watch how many thousands of shares get traded in between these prices and never touch either the bid or the ask. This is where all the MM's short covering takes place. Unf*ckingbelievable! Dirty scumbags!
PokerStar
Do the math...when we had a 33K bid @$3.64, the price went as high as $3.78, that's when the dump of 160K started and dropped us down to low $3s. So just using that 33K @$3.64 they dumped into, if they cover those on average @$3.14, that's .50cents per share, times 33,000, that's a profit of $16,500....and still another 127,000 to cover. We've traded 33K yesterday and 17K so far today between $3.05 or so and as low as $2.88 today. So my answer to that is yes, they can make good money doing this. Still, part of me though puts the blame on dirty MMs. They can short under the guise of making a market for our shares. Like I mentioned yesterday, I watch a tight spread of $3.02 on the bid and $3.04 on the ask. Both had only a few hundred shares, yet I watched multiple thousands of shares get traded @$3.03. My belief is these dirty MMs short big orders like the 33K @$3.64, then proceed to manipulate the price to cover lower. I'd argue if it wasn't the MMs manipulating the price to cover, actual shorts would have retail to deal with, with no way of controlling upwards pressure on the stock, putting covering at their terms at risk. MMs have the ultimate power, in my opinion to play these games, but I've been wrong before.
PokerStar
Do you think they make loads of money doing this or is it a way to try and crush us ( GMGI)?
As I expected...the first order of the day was for these dirty pr*cks to dump into the bid at the open to get rid of the 8K bid @$3 bucks. If the volume remains low again today, looks like they're going to dump and send this back below $2.50. These scumbags make me sick!
PokerStar
Still a bid for 8,100 shares @$3.00 sitting there at the close. I have no doubt if it's still there tomorrow at the open, shorts take it out, just like this morning's 5,700 share dump at the open. We need buyers, but none in sight. Hopefully better day tomorrow!
PokerStar
Yeah....for now. Talk about price manipulation....almost 30K betwee. $3.01 and $3.03. F*cking joke! Dirty MMs and shorts working together by the looks of it. I'm not looking forward to the usual chump change cashouts tomorrow near closing. These crooks should be locked up!
PokerStar
It must have been a fake pump by the shorts to cashout.
At least we are up to the $3.00 range.
Watching level 2 and the bid is 1000@$3.02 and the ask is 600@$3.04, yet multiple 1000s of buys happening @$3.03. These scumbag MMs keep playing games, manipulating the share price!
PokerStar
Half the trading day left and only 21K shares trading hands. Seems like we're back to the paltry, pathetic volume here..... It was nice while it lasted. Hopefully things improve the rest of the day, but not holding my breath!
PokerStar
Lol....YES...SCUMBAGS! Lol.
PokerStar
You mean scumbags.LOL.
There is no doubt in my mind that there was a group that jumped in here to increase the volume we saw over the last 4 days. The question for me remains, are they here until the acquisition in closed and beyond, or was this another orchestrated pump and dump for a quick buck? The volume should tell the tale. If we see the price drop and traders don't start taking advantage and lowering their cost, it'll be pretty good proof that they are no longer in the house. The volume should also remain well above our normal, and if it doesn't, I'd bet these dirty pr*cks bleed this all the way back down. My hopes are they leave the price bouncing around the low $3 area to cover so we don't have another huge hill to climb to move back higher, where we belong.
PokerStar
You better not be calling me a scumbag! Lol. Yeah, these dirty pr*cks like to start the day with shorting a block into the bid, to wipe it out. Like I said yesterday, they are hoping the momo and volume disappear here so they can slow bleed us lower to cover. Once we dropped to $2.87 yesterday, where the big push higher started, someone slapped the ask for about 50K to bring us back above $3 bucks in a hurry. I thought at first shorts may have already started covering, but as long as retail sees the price movement north and volume returns to normal, they will do their best to slow bleed us lower. We need retail to hold tight and buyers to step in to force the price higher to in turn force them to cover. If not, these dirty pr*cks will continue their f*cking games!
PokerStar
Now dropping, anyone make millions flipping
Big 5,465 share sale at the start. Scumbag
Another good volume day and looks like maybe some short covering already began. Big bounce back to the $3.20 area with 80K volume so far. Hopefully this continues and forces these dirty douchebags to cover and get us back over $3.50!
PokerStar