Golden Matrix Group Inc (GMGI)

[PokerStar]

Finally back to a little above average volume day and buys outpaced the sells by 33K. Money is flowing back into stocks this time of year and hopefully we start seeing huge volume days here again. A close today at the high of day is promising. Haven't seen this in months. Usually have the end of day slugs selling into the bid to take their .10-.15 cent profits for the day and pushing the stock price to flat or red. Got word yesterday from someone on the Facebook site that short position on GMGI still sits above 1 million shares. I find that hard to believe that we could still be in the same situation as we were 3 months ago. Maybe today's action is a signal to these shorts to start to cover as another run is about to start or maybe it's just another Thursday run up so the flipping dweebs can dump into the bid tomorrow for their weekend beer and cigarette money. I'm a betting man and unfortunately, my money is on the latter! I guess we'll find out when tomorrow shakes out. Good luck GMGI longs... we sure could use a turnaround here!!!


PokerStar

[Randyfloyd420]

I don’t get why that kinda stuff is legal

[Gary 608]

Volume is s**t..That's why it's easy to manipulate the shareprice.

[Randyfloyd420]

Can’t be. We see the volume. Who’s making 100 bucks shorting this and having it go up n down 30 cents every day.

[Gary 608]

I call it nickel and diming to make a daily profit everyday. It looks like lowlife flippers making beer and cig money. It would at least climb higher if more investors buy to get the volume up. Volume stays low because honest investors shy away from having their shares get crushed. This is the new investing called daily trading which there are courses being taught to treat this like a penny stock.

[Randyfloyd420]

Wtf is the problem here can’t just be shorters or whatever the f.

[PokerStar]

Today we got back to a high of $2.46 only to see the price manipulation take it back down to flat for the day. We had 23K more buys than sells on another light volume day which should have translated into, at the very least, a green day. I still have yet to get any updates about where the short count stands after being as high as 1.1 million about a month ago. Since then, it seems like volume has completely dried up and now seeing days that struggle to get to 40K traded. My guess is again, without any proof whatsoever, that the short count is still high, as they continue to seem to buy up shares without having the price change much or like today, remain flat or in the red. This price manipulation is sickening. Any time we see some buyers step up to increase the price .10-.20 cents, they start undercutting the going price on the ask, so even as people are slapping the ask, the price keeps going lower. I'm not sure, but if the next consolidated quarterly positive results doesn't put pressure on the shorts to cover, I don't know what it's going to take to get out of this sh*t storm.



PokerStar

[Gary 608]

So far today I watched the price come up 3 times then get dropped by these greedy pr**ks daily profiteers.

[Gary 608]

I looked at it quickly. What are we suppose to do?

[Run2DaHills]

Anyone look through the Proxy Materials,?

[Gary 608]

These fu**ers still don't give it a rest even this low.

[TRUSTUNITS1000000]

Amazing revenues

[TRUSTUNITS1000000]

Big drop

[IAmTopG]

Anyone seeing the transaction volume?

[TRUSTUNITS1000000]

Last r s , stock went up, so you would do well if bought before r s and price skyrocketed, rare with r s

[TRUSTUNITS1000000]

Interesting comment

[Eddo1976]

I’ve seen that, and usually about 10,000 share blocks change hands.

[Gary 608]

Have you been noticing everyday at 3:59 and 45 seconds the price changes real fast? Manipulation at it's finest.

[IAmTopG]

I miss this guy LOL

[Gary 608]

The same people not only play with GMGI but they have more than a handful that they gamble with. It's all taught in these day trading courses that they pay a fee for. They have a computer screen full of stocks that they buy and sell, buy and sell like wash and rinse.

[PokerStar]

Exactly... we have more than our fair share of low lifes on this ticker. Thousands of tickers to play out there but they stay here and kill any momo that starts with their f*cking games. Sick of this sh*t!


PokerStar

[Gary 608]

That's what happens when you get low lifes getting involved..Screw up a good thing.

[PokerStar]

No doubt! It's bad enough we have to deal with these weekend beer money traders but what really pisses me off is when they start posting nonsense fud on red days. Same posters with the same bullsh*t on red days... it's getting old! I had a feeling we'd see sellers show up this morning. Some peeps just can't stand to see the share price up .20 cents on the week without selling into the bid for beer money. It's a sad situation with this ticker!


PokerStar

[Gary 608]

It's a sickness these jerks learned when they took the daily trading course they paid for.

[PokerStar]

One! To uplist to Nasdaq. But you knew that... you just show up on red days to spread fud so you can reload for cheaper for your next .25 cent flip. Sad!


PokerStar

[TRUSTUNITS1000000]

Had many r s

[TRUSTUNITS1000000]

Interesting

[PokerStar]

Almost 3 to 1 in buys versus sells and another green day inching above $2.60. Looking like the early bargain hunters are getting back in before September rolls around. Good sign, I think! It was a Thursday so it could have held today's gains so the Friday sellers get their beer money for the weekend. I guess we'll see what tomorrow brings!



PokerStar

[PokerStar]

I suspect as summer comes to an end, with labor day right around the corner, we should see investors jumping back in here and helping to drive the volume and price back up. The summer months seem to keep investors away from their computers and investments. September should see us gaining traction again as the good news updates keep coming in. We should also see enough pressure on the price and the ask to force the shorts here to cover which in turn will put more upwards pressure on the price and the ask. We are more than overdue for this to rebound back to our recent highs, in the low $6 dollar area and beyond.


PokerStar

[PokerStar]

Typical dirty MM tactic on display with low volume trading. They keep the spread between the bid and ask at .10 cents or more, then if you slap the ask, they either sell to you between the bid and ask or fill your order at the ask, then sell a few hundred right after into the bid to drop the price right back down. Until we get back to heavier daily volume, these dirty pr*cks will take advantage of traders and continue to kill any momo here. I'm also curious where the short position is sitting now after my last update from a couple of weeks ago of over 1 million shares?


PokerStar

[PokerStar]

Nice news today about New Jersey licensing! Expansion into the states and also the update of the Brazilian licensing that should be completed by December 2024. The company is expanding like crazy and it boggles my mind how we can't get our heads above $2.50, yet we traded above $6 bucks 3 months ago. SMFH!


PokerStar

[PokerStar]

Another very low volume short attack on the price... dropping us back down to the low $2.30s. When will these criminals stop playing with our long term investment here???


PokerStar

[jr51]

Check out the full interview with @GMGI_Official CEO Brian Goodman on @Benzinga All-Access! 🎙️
Dive into our Q2 2024 results, the Brazilian market, our latest acquisitions, and why GMGI is a strong investment. 📈 #GMGI #Meridianbet #iGaming #SportsBetting #Investing… pic.twitter.com/j6tk3pEu2o

— MeridianBet Group (@meridianbet_ofc) August 26, 2024

[GTF]

Anybody got a link to the interview Brian did yesterday on Benzinga? I can't seem to find it. Thanks

[IAmTopG]

Poker,
Starting the search for the next decent stocks. Anything in your radar that you can share that are long term potential?

Thanks brother

[Gary 608]

Who in their right mind would sell 1 share at 8 AM this morning? Some s**head manipulating us to the red already?

[Gary 608]

Another 10,689 shares bought at the 4 PM mark so the price wouldn't climb...Shorts loading up ammo

[Gary 608]

Somebody bought 11,000 shares at 4 PM. Wonder if that ammo to use in the next days to bring us down more.

[PokerStar]

Another 35K today traded between the bid and ask price. I'm sure that is where a lot of the short MM's shares are covered.

PokerStar

[PokerStar]

As expected... they knocked the price down .11 cents from the high in the closing 15 minutes and another 12K after hours @$2.325! We'll see Monday whether they let it run some more or if the hyenas are going to take their .15-.20 cent profits and attack the bid again. Bunch of losers!

PokerStar

[Gary 608]

It won't surprise me..Alot of wolves out there drooling on their keyboards.

[PokerStar]

It's nice to see some better volume return these last 2 days and also nice to finally see some upwards pressure on the price as well. I just wonder if this last hour will see a big dumping into the bid to get their beer and gas money for the weekend?


PokerStar

[PokerStar]

These bags of sh*t just don't stop. 180K traded so far and down another .12 cents. So tired of these dirty pr*cks!


PokerStar

[PokerStar]

Shorts increased to just shy of 1.1 million shares... we are near the 52 week low already and volume has dried up to a ridiculously low level, but it's just never enough for these criminals. I wish Brian would put out a statement that they will aggressively start the buyback program down at these levels and force these dirty pr*cks to cover. Between the company and another few groups buying up stock here, like when it was ran up to over $6 bucks a couple of months ago, that buying pressure would force their hands. Shorting here has been ongoing for a couple of years but it's only now that it is finally coming to light. We both knew this was happening but all the so called naysayers from the Facebook and Stocktwits groups wanted to call you crazy. Well who's crazy now Gary? It's pathetic how these dirty pr*cks operate to kill stock prices for their own benefit. What ever happened to honest investing in a company and growing your investment as the company grows? I'm disgusted at how these criminals have decimated this ticker in the last couple of months.


PokerStar

[Gary 608]

The shorts are working hard over on Stocktwits to bash this Company.

[Gary 608]

It seems to be very uneducated people that are doing this. Just to make a couple of dollars a day.

[PokerStar]

Less than an hour to go in this week's trading and they have us in deeper red with pathetic volume of 20K... sickening! If these loser lowlifes want to find sellers so they can cover their million short shares they may want to take the price higher... not lower!



PokerStar

[PokerStar]

Well these dirty pr*cks continue their low volume games... they now have the price down to $2.17 with an ask now @$2.19! Just unf*ckingbelievable!!! When will this nonsense end???


PokerStar

[Eddo1976]

Thanks, my original purchase was 2,000,000 shares at pre split $.0008. Those now have a cost of $.12. My high priced shares are in my IRA I bought 1,000 about $5.50 I think, and another 400 around $4.85 after this most recent run up. Then I have another 5,500 that have an average of about $2.60. That last 400 has a cost close to $4 I think. The 7,000 I’ll try to keep super long term.

[PokerStar]

I hope things work out for you Eddy. What's your average price on those shares? I added last week @$2.27... been underwater on those since the add. Lol. I just don't get how a company with over 40 million tradeable shares available trades such low volume. Until we get another buying surge from what was apparently what happened on our last pop to over $6 bucks, it looks like volume will remain in the sh*tter. A little after noon, and these dirty criminals have completely killed any and all momo, and have apparently scared away new and old investors from this ticker. Still over 1 million shares shorted here and unless volume increases in a big way, these criminals will completely control the price as they have been for over a month. Still haven't crossed 10K traded today... pathetic volume to say the least. Next week we get the quarterly drop which we already know will be a record quarterly with the first full quarter with MeridianBet acquisition numbers included. I'm hoping maybe this release of news will put new eyes on this ticker and we can get back to 150K-400K trading volume... maybe even cause a short squeeze to force these criminals to cover their shorts! Good luck!


PokerStar