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And like clockwork, these dirty pr*cks are selling this under $2 bucks. At least 30% cheaper than this was following the 150-1 reverse split.....when the R/S was in the hopes of getting uplisted to Nasdaq and when our revenues were under 1 million dollars and little to no profit. Since that day, we've aquired RKings, increased annual sales to over 34 million dollars, increased profits big time and continue to grow our cash on hand to over $18 million dollars and just opened our first online casino in Mexico. Who in their right mind would be selling down here after all these accomplishments when the company has zero reason to dillute 1 share. SMFH....
PokerStar
Probably the short pr*cks covering with each other before they take us down lower. Almost like clock work here the last year. They know once they get this down below 2 bucks, they'll create a lot of longs selling, killing the share price even more than they already have.
PokerStar
May be the best thing that ever happened.....at least when we were on the Pinks and uplisting was talked about, we at least had gains. Since on Nasdaq and the rise to over $14, it's been all downhill. Eventually it'll turn around, but how low will these short sellers kill the share price?
PokerStar
Agreed....this is getting pathetic! Zero reason, other than manipulation by a few shareholders/shorters. No wonder nobody wants to slap the ask. Volume sucks and plays right into their hands.
PokerStar
Thanks a million Gary....I needed to see something tangible from our fearless leader. Best of luck in all your trading brother!
PokerStar
Wow....Never ever got a reply from him. Do you care to share his response to your questions?
PokerStar
We've all emailed him many times and we never get a reply.....
PokerStar
I hear you about the price, but remember....Brian is the company. Why hasn't he addressed this problem months ago unless he knows what's going on and either is in on it or he just doesn't truly care about shareholder value. Something just not right here. New all time, post R/S lows almost daily now. Zero buyers because sellers, shorters and price manipulators attacking this ticker steady. Company is growing, revenues increasing, profits increasing, profit margins increasing, price just increased to $3 after the RKings final 20% purchase and less than a week later.....new all time lows. Gains never hold after news. It's a joke. No wonder there are so many longs selling off.....nothing but a money pit here. Just keep throwing money into it to just watch it lose value daily. Never again!
PokerStar
Yep....it sure is. The Nasdaq can go up 10% and this stock will go down. Today, the Nasdaq is down under 1% and were down almost 7%. To think this was @$2.99 less than a week ago and those who bought up there are down almost 30% already. No wonder there are no buyers here. This goes nowhere but down, day after day.....this has turned into the biggest joke on Nasdaq. Thanks Brian for working toward shareholder value. Since he made that comment, were down about 70%. F*cking joke!
PokerStar
Just look at these f*cking thieves....got this down to a new low....$2.41. The market is a joke, I get it, but not all stocks deserve to be attacked like we have been. They are the ones responsible for another take down, just a day removed from challenging $3 for the first time in months. We'll never get buyers here if this game continues. Brian has to do something to protect the share price. Any potential acquisitions will cost us a pile more shares in the float. These guys make me sick!
PokerStar
The dirty pr*cks are at it again. They shorted it down to under $2.50, then let the buyers bring it up to $3.00, then start the games all over again. With just shorting 10k shares from $3 and then start to cover at $2.50, they can make. 50 cents a share. That's 5k cash they can make in a few short days.....while investors watch their accounts go deeper in the red. Even good news here can't sustain the share price. We need large buyers and sustained large bid support, otherwise these games continue forever on light trading days.
PokerStar
Your trading choice, but not all reverse splits end up in the dumpster. Always check to see if debt has been extinguished or greatly reduced prior to the R/S, and the reason behind the R/S. Some are done because the share structure is maxed out and there aren't enough shares available to allow further dilution to pay off debt. In some cases, it's because their share price is too low to qualify them for a higher exchange, such as Nasdaq. The company here has an uplist plan and they were wise in greatly reducing their debt, prior to the reverse split. This company is greatly undervalued and at these price levels, the max R/S is already factored in.
PokerStar
2 green days in a row Gary....who da thunk it that with all the accomplishments from the last 8 months, that closing on the last 20% of RKINGS would have been the catalyst. I know the Mexixan casino got fired up November 1st also, but maybe, just maybe, we can see some steady improvement in the share price. Best of luck in all your investments brother!
PokerStar
Lol....missed the .0008s/.0009s did ya!
PokerStar
Some posters here that missed .0008s/.0009s trying to get longs to sell. What a joke! This company is trading at a level that the planned R/S is already priced in. Nowhere to go but up from here. Volume will return and those sitting on the sidelines hoping for cheaper will be left behind and FOMO will set in, sending this to .002 for starters. Volume returns.....lookout above!
PokerStar
. 0011s starting to fall. More shares on the bid @ .001 than @ .0011, and under 4 million now. Could see a close in the .0013-.0015 range today if volume picks up.
PokerStar
Looks like after support at .0008 held steady again yesterday, the reversal has began. The stronger volume and green close @ .0011 was a signal. Very few shares sold into the bid @ .001 and with few shares on the ask @ .0011, I'd say we are heading higher.
PokerStar
I had a pretty good feeling 2 months ago just how low these crooks would take the share price.....I did buy a starter back yesterday @$2.47 and $2.43. With Mexico casino online since November 1st and Rkings remaining 20% acquisition announcement yesterday, seems like a pretty safe bet they won't try to take it any lower than that. It's not going to explode higher overnight, but from the new 52 week lows, I can see lots of accumulation beginning from these levels. Price will get some traction in time when the overall market finally starts to turn around. IMO.
PokerStar
Consolidation is all part of the trading game. Anyone who thought this would be trading above a nickel by now obviously knows little about trading. This traded in trips in the middle of September and as low as .0023 seven trading days ago. This had zero business trading in high .02s this quickly. Nothing but MMs and stuckholders setting this up for a major fall, creating a plethora of new bagholders, while they made away like bandits. This will have a dead cat bounce eventually, but not before this is back trading well under a penny. IMO.
PokerStar
This went from market cap of 1.6 million less than a week ago, to over 16 million today. Expect many to be taking profits before this goes back to below a penny.
PokerStar
Yep...that's what we want to see. Increased volume! The lower volume days was nothing but an MM take down to accumulate more cheap shares for the upcoming mega run. The last 2 mini runs stopped at the .002 level, as I expected. Usually happens that way before the major break out run. People seem to forget that this traded above .02 cents recently and the major selloff after the R/S news has the R/S already built into the price we are trading at today. Nowhere but up from here and I'm expecting another huge volume day at any time in the 600 million to 1 billion as the FOMO kicks in here on the next run up, as early as tomorrow. Too much upside in this company and an uplist to Nasdaq could be a game changer, IMO. Many green days ahead for those wise traders.
PokerStar
My last R/S play was a gambling stock in 2020...GMGI. Loaded up pre R/S and following the R//S, the price went up from about 2.78 to over $14 in the following months. Another tight float with huge potential following the R/S and those that loaded up and held tight, were greatly rewarded. I'm expecting the same results here once the dust settles. This is a multi million dollar company trading with the R/S already priced in and some here just don't get it. I understand many are terrified about the R/S and won't hold but not all R/Ss see further dilution afterwards. They are smart and are eliminating debt with the shares available and with a cleaned up debt and share structure, this can run like crazy if shares are held tighly. Don't underestimate why there has been continued interest here.
PokerStar
Lol...true dat. Just look at that sell into the bid of 30 million shares. Manipulation at it's finest. Just watch them buy those shares back at .001. Too funny. And some fools will help them by selling their shares to help lower the price further. Take advantage of the cheap shares....this will turn around hard and fast once they get the extra shares back in their hands.
PokerStar
Exactly, and as usual, deep pockets try to drive down the share price as low as possible to get as many shares as possible from scared retail, knowing full well just what the true valuation is here and just how huge this merger will be worth. Scared money loses each and every time. Just watch how they keep manipulating the price until the news is dropped. Too funny to see sellers down at these levels.
PokerStar
Totally agree. This looks ready to make the move over .0020 that's been expected. After we break through that level, there's no telling how high this moves up. The R/S has already been priced in at these levels. Nowhere to go but up, IMO. Just need the volume to return and the sky's the limit here.
PokerStar
Good luck....like calling him out about his lies will make a difference to him. He'll just double down and post lies twice as much! I've been calling him out for years. He's nothing but a loud mouth flipper with an agenda.
PokerStar
Who knows Gary....frustrated me as well to the point of selling the last of my position here. I read someone state they own 300K shares and haven't sold a share....lol.....and they have the nerve to tell others that they don't know how to trade or understand the market. Yeah right. Anyone holding that amount of any equity that sees an over 5X return from the lows would have at least sold 20% of their holdings to be riding free shares now. I don't believe anyone on these boards......they all have an agenda. I backed this company and stayed positive through all the ups and downs because if the company succeeded, I believed I would as well.....but boy was I wrong. The company delivered and the market kicked every holder here, right in the nuts. Things will turn around, the question is when and how much lower will these douchebags kill the share price.
PokerStar
Could very well be. Although, until the filings from a few days ago, there was nothing I could find regarding any insider selling. Now, since the filings, the sale of restricted shares will be possible. Just watching the share price decline and the weird after hour, large block sales, not moving the price a penny, ever since the appearance of hedge fund buyers, makes one wonder out loud. Something just not right here. Hell we just had news about record revenues in mid September and since then, we dropped below the $4 mark and down as low as $2.56 this week. Other Nasdaq tickers reporting record revenues in this environment at least see a little pop in price......but we see more did whacking.....which is why I'm watching from the sidelines. Hell, if they drive this down to a buck, I'll be able to rebuy 3 times as many shares.....that's of course is if the games appear to be done. Good luck.
PokerStar
Could very well be. Although, until the filings from a few days ago, there was nothing I could find regarding any insider selling. Now, since the filings, the sale of restricted shares will be possible. Just watching the share price decline and the weird after hour, large block sales, not moving the price a penny, ever since the appearance of hedge fund buyers, makes one wonder out loud. Something just not right here. Hell we just had news about record revenues in mid September and since then, we dropped below the $4 mark and down as low as $2.56 this week. Other Nasdaq tickers reporting record revenues in this environment at least see a little pop in price......but we see more did whacking.....which is why I'm watching from the sidelines. Hell, if they drive this down to a buck, I'll be able to rebuy 3 times as many shares.....that's of course is if the games appear to be done. Good luck.
PokerStar
I agree with you here....my bet is on a small group doing the selling into the bid, driving the price down, then buying back when the price is lower, then doing it all over again......And in my opinion, they will continue until they run into walls on the bid, and we've yet to see that happen. There will come a time and price that investors, longs, flippers will step in and start buying, saying this is way too cheap. Until then, they will continue. I have no clue where this stupidity ends, and since last week, have been sitting on the sidelines, in a cash position, waiting for the games to end before starting to buy again. Some here were saying $5 was bottom, then $4 was bottom, then $3 was bottom......and here we are with a low of $2.55 yesterday. Like I said, nothing here makes sense. The company has grown by leaps and bounds and it's trading around the post reverse split price. I will not make predictions about bottom price here because where it stops.....nobody knows. When we start seeing 10 and 20K bids, that should be a sign that the end of the games is near. All IMO!
PokerStar
I'm sure it's coming. Anyone still left from earlier will either double down and buy a pile more or sell off and wait until the shorts are done with this ticker. With the market turmoil ongoing with no end in sight, I'd say smart money left a while ago. Just longs left that are prepared to ride out lower prices and wait for the inevitable recovery in a couple of years. I'm done taking my lumps with this ticker! I may buy and flip a few with news, but other than that....I'm done here.
PokerStar
4,700 shares.
PokerStar
Sold the last of my GMGI holdings on Friday. The market bound to go down even harder once a recession is finally proclaimed. No ticker is safe from further losses. The market will recover in time but I doubt that rebound happens before 2024-2025. Even good, profitable tickers are in the dumpster and more pain is on the way. Will be waiting for this to actually find some kind of a bottom. After watching GMBL and EBET get killed in the last couple of weeks, I'm sure a further assault on GMGI is incoming. Sad that we are in this situation. The whole world is going to sh*t!!!
PokerStar
52 week low at least is my guess.
PokerStar
Slowly being sold into by morons.
PokerStar
You can't argue with a self professed flipper....you can't fix stupid!
PokerStar
Lol.....holding my pile and adding dips with an average cost just below .03 cents. Funny how you make it sound like others are flipping and getting caught when you are the self professed flipper, flipping around your core shares. I buy and add dips but holders like you are holding back the price, throwing up 100 or 200k blocks on the ask, below the going price. Not being emotional at all.....just sometimes I don't understand stupid shareholders.
PokerStar
I held some faith with the close of .052 on Friday, then right after some opening buys to .055, some douchebag flipper threw 200k shares up @ .05. Momo is done here for now thanks to these fools. Need more solid news to get past .055 and beyond, IMO.
PokerStar
Flippers and some longs here are just too stupid to hold. CEO promised more updates this week along with the great news items from last week. This tight low floater had the chance for a huge run, but the fools here, stacking the ask @.055 and continuing to sell into the bid have killed the momo here. With the non stop ask reloading @.055, buyers have dried up. These fools shot themselves in the foot with their games. Back down to .04, then .03 with the slow bleed. Sad because this low floater had a chance to see multiple dimes.
PokerStar
Same group of flippers that have been here since the run began. They won't let it run up. Take their measly 10% profit and selling into the bid, forcing the price lower. All the extra volume here the last week and the flippers here are just too dumb to realize they could sell for more profit if they stopped selling into the bid. If these fools had a little patience, they could have sold for .06 and .07 or higher. You can't fix stupid!
PokerStar